Energy

FG mulls 6,000 megawatts to improve power supply

The Federal Government is set to increase electricity megawatts from 4,000 to 6,000 within the next three to six months…

8 months ago

IBEDC: Why there’s poor power supply in Oyo, Ogun, others

The Ibadan Electricity Distribution Company (IBEDC) attributed the current state of the power supply within its franchise area to several…

8 months ago

Blackout as vandals destroy transmission line in Abuja

The Transmission Company of Nigeria (TCN) says one of its critical infrastructures, the Shiroro-Katampe 330 Kilo Volt (kV) transmission line,…

8 months ago

Tinubu’s adviser: Fuel subsidy removal on course

The Special Adviser to the President on Energy, Olu Verheijen, says the Federal Government is on course on the removal…

8 months ago

Tinubu reconstitutes NELMCO Board, appoints Adelabu as chairman

President Bola Tinubu has approved the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO) with a…

8 months ago

Tinubu suspends REA MD, EDs over N1.2bn fraud, appoints replacements

President Bola Tinubu has slammed an indefinite suspension on the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo…

8 months ago

Tinubu signs executive orders on oil, gas reforms

President Bola Tinubu has issued policy directives to improve the investment climate and position Nigeria as the preferred investment destination…

8 months ago

Transcorp Power lists shares on NGX, adds over N1.8trn to market

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has listed its shares via introduction on the Main…

8 months ago

Oil theft: Navy nabs Ghananian vessel, 13 crew members

The Nigerian Navy (NN) teams operating under Operation Delta Sanity have nabbed a Ghanaian Vessel with 13 crew members for alleged…

8 months ago

Oil prices increase after OPEC+ extends output cuts

Oil prices increased slightly on Monday, March 4, 2024, after OPEC+ members, on Sunday, announced an extension to oil production…

8 months ago

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