Energy

NNPC: Nigeria lost $1.5bn to oil thieves in 3 months

The Nigeria National Petroleum Corporation (NNPC) Ltd. has disclosed that the country lost over $1.5 billion to oil theft between…

4 years ago

Troops recover 12.1m litres of stolen AGO, crude oil – DHQ

Troops of Operation Delta Safe have recovered 12.1 million litres of illegally refined Automotive Gas Oil (AGO) and 4,000 litres…

4 years ago

Chevron wins FIRS awards for tax compliance

Chevron Nigeria Limited (CNL) and Star Deep Water Petroleum Limited (STAR), a Chevron company and operator of the Agbami field,…

4 years ago

Abuja DisCo appoints Fadeyibi MD/CEO, Burkullu is CTO

The Abuja Electricity Distribution Plc (AEDC) has appointed Mr. Adeoye Fadeyibi as its new Managing Director/Chief Executive Officer. Fadeyibi, a…

4 years ago

FG to states: Remove Right of Way barriers for power grid

The Federal Government (FG) has directed affected states to remove Right of Way barriers in order to fast-track the expansion…

4 years ago

FG: Nigeria lost $3.27bn to crude oil theft in 14 months

The Federal Government has revealed that about $3.27 billion worth of crude oil has been lost to vandalism over the…

4 years ago

NNPC: 1.6bn litres of PMS available for distribution

The Nigerian National Petroleum Company Ltd. (NNPC) has said there are over 1.6 billion litres of Premium Motor Spirit (PMS)…

4 years ago

NUPRC probes oil theft, sets up panel of experts

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set up a team of experts to carry out thorough auditing of…

4 years ago

CBN: We’ve disbursed N1.3trn to power sector in 5 years

The Central Bank of Nigeria (CBN) said has disbursed over N1.3 trillion to support the provision of power supply to…

4 years ago

Grid collapse: CBN earmarks N104bn to stabilise electricity supply

The Minister of Power, Abubakar Aliyu, has said that the Central Bank of Nigeria (CBN) has provided N104 billion ($250…

4 years ago

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