Nigeria’s moribund refineries gulp N148b in one year
Nigeria’s dilapidated refineries gulped N148 billion in the last 13 months while processing less than 40,000 metric tons of crude…
FG Increases Electricity Tariff with Effect from Today, September 1st
Nigerians woke up to a new month’s surprise gift from the federal government as the Nigerian Electricity Regulatory Commission announced…
Subsidy: NNPC lied on N5.35bn payment-Oil marketers
Claims by the Nigerian National Petroleum Corporation (NNPC) that it spent over N5billion on petrol subsidy in June has been…
NNPC spent N5.3bn on petrol subsidy in June
The Nigerian National Petroleum Corporation (NNPC) spent N5.348bn in Junefigures from the corporation’s website have shown. The oil firm made…
Africa Dialogue Needs to be Inclusive for a Workable Africa’s Energy Transition
Calls by some international groups on the need to start weaning the global economy of fossil fuels seem to have…
Nigerian Fintech, Carbon Returns Commendable Revenue
Nigeria’s leading fintech firm, Carbon has proved investors right by highlighting the appeal of fintech transparency with good profitability for…
Nigeria’s push for 10,000mw target in 2019
Despite struggling to make remarkable progress in addressing the country’s power crisis as widely anticipated, the Federal Government remains optimistic…
NERC’s mandate on Prepaid Meter Scheme
The Nigerian Electricity Regulatory Commission threatens to sanction electricity distribution companies which fail to meter customers in their networks by…
Elumelu calls for hike in electricity tariff
Investors in the Nigerian power sector have called for the introduction of a realistic tariff structure, reflective of the current…
FG to deploy drones to protect electricity transmission equipment
The Transmission Company of Nigeria, TCN, says it will deploy unmanned aerial technology, drones to checkmate vandalism of transmission lines…