Federal Government has disclosed that it would take delivery of the first batch of 3,205,101 pre-paid meters in the month of April in order to bridge...
President Bola Tinubu has fired Mele Kyari as the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL) and removed Chief Pius Akinyelure...
President of Dangote Industries Limited (DIL), Aliko Dangote, has revealed that his company—the Dangote Petroleum Refinery—has enough Premium Motor Spirit (PMS) otherwise known as petrol in...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000-litre fuel tankers from operating on Nigerian roads. It also added that no truck with over 45,000...
President Bola Ahmed Tinubu has appointed Abba Abubakar Aliyu as the substantive Managing Director of the Rural Electrification Agency (REA). The appointment, effective from January 23,...
By Temitope Ajayi Angered by the appalling situation of Nigeria’s electricity supply sector over several decades of doing the wrong things by successive governments with no...
Oil prices declined on Tuesday as the rush for profit-taking pervaded the market after Oil prices slid on Tuesday with investor profit-taking after reaching three-month highs...
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, a new report by Reuters has stated. The report originally...
Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China’s attempts to stimulate its economy....
By Simbo Olorunfemi That Baba Obasanjo has an almost child-like emotional attachment to the public-owned refineries under the trust and care of the NNPCL is not...
The Democratic Front (TDF) has said that the announcement of a $5 billion final Investment Decision (FID) by Shell on the Bonga North Deep Offshore field...
Dangote Petroleum Refinery has announced a reduction in prices of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per litre, saying the move was...
China’s crude oil surplus shrank from 930,000 barrels daily In September to 500,000 bpd in October, Reuters’ Clyde Russell reported today, based on data calculations. However, the significant...
Nigerian Government, the Economic Community of West African States, alongside Morocco and Mauritania, have expressed their commitment to push forward in the development of the African...
Oando Plc has released its audited Consolidated Financial Statements for the full year ended December 31, 2023, to the Nigerian Exchange Group (NGX). The company reported...
No fewer than 1.3 million meters will be delivered between December and the second quarter of 2025. The Minister of Power, Adebayo Adelabu, disclosed this Tuesday...
The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited (NNPCL) is to last for six months...
