Energy

NNPCL, OPEC pledge collaboration for investments, increased production

The Nigerian National Petroleum Company Limited (NNPCL) and the Organization of Petroleum Exporting Countries (OPEC) have pledged to work together…

2 years ago

TCN transmission tower vandalised in Abuja

Suspected electricity vandals have destroyed the Transmission Company of Nigeria (TCN) Tower 70 along the 330kV Gwagwalada-Katampe Transmission Line in…

2 years ago

IOC’s divestment: We facilitate, not hinder process, says NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) says its role in the divestment of International Oil Companies (IOC) from onshore…

2 years ago

Blackout as Boko Haram destroys 2 transmission towers in Yobe

Boko Haram insurgents have destroyed two 330 KVA power transmission towers in Yobe State, plunging residents of the state and…

2 years ago

Tinubu directs payment of N342m State House electricity bill debt

President Bola Tinubu has directed immediate settlement of outstanding electricity bill due to the Abuja Electricity Distribution Company (AEDC). The…

2 years ago

Fuel queues: FG appeals as oil marketers down tools

The Federal Government has promised to address the concerns of oil transporters and distributors to ensure smooth distribution following the…

2 years ago

Abuja DisCo threatens to disconnect Aso Rock, CBN, EFCC over debt

The Abuja Electricity Distribution Company (AEDC) has threatened to disconnect no fewer than 86 Ministries, Agencies and Departments of the…

2 years ago

Scarcity looms as petrol tanker owners withdraw services

Nigerians may be facing another fuel scarcity across the country as tanker owners have declared their readiness to halt the…

2 years ago

Geregu Power market capitalisation hits N2trn

The stock of Geregu Power Plc increased N2.05 trillion in market capitalisation on Thursday, February 15, 2024, as investors continue…

2 years ago

Like CBN, FAAN, Petroleum commission to relocate key depts to Lagos

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to relocate some of its units to Lagos. This is contained…

2 years ago

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