Energy

Seplat to begin gas exports to boost forex earnings

Seplat Energy Plc says it will start exporting gas to enhance foreign exchange (FX) earnings and deliver greater value to…

1 year ago

FG approves electricity policy to transform power sector

The Federal Government has officially ratified and adopted a comprehensive roadmap for the Nigerian Electricity Supply Industry (NESI) through the…

1 year ago

‘They’ll address systemic challenges’: Dangote lauds Tinubu over new NNPC appointments

The President of Dangote Group, Aliko Dangote, has commended President Bola Tinubu for assembling a capable leadership team at the…

1 year ago

Court jails man for vandalising JED transformer in Bauchi

A Bauchi State Upper Sharia Court sitting in Toro has sentenced one Julabib Muhammed to two years imprisonment for vandalising…

1 year ago

Oil prices fall after OPEC+ production hike

Oil prices slumped on Monday, May 5, 2025, after OPEC+ countries announced a sharp production increase. OPEC+ countries announced the…

1 year ago

‘We’ll avert power collapse’: FG vows to pay GenCos N4trn debt

The Federal Government has vowed to urgently address the N4 trillion debt crippling Nigeria’s power generation sector. This followed talks…

1 year ago

‘I’m taking well-deserved rest’: Mele Kyari denies EFCC arrest

The immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has debunked claims…

1 year ago

$3bn fraud: EFCC found N80bn in sacked NNPC refinery MD’s accounts, arrests 3 top officials

The Economic and Financial Crimes Commission (EFCC) has arrested the former managing directors and senior officials of the Port Harcourt…

1 year ago

Shell profit sinks 35% in Q1 2025 as oil prices fall

British energy giant Shell has reported a drop in its net profit in the first quarter of 2025 as the…

1 year ago

Ojulari sacks 3 NNPC refinery MDs

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, has removed the Managing Directors…

1 year ago

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