Energy

NLC knocks W/Bank for advising FG to increase petrol to N750/litre

The Nigeria Labour Congress (NLC) has condemned the advice by the World Bank to the Federal Government to increase petrol…

2 years ago

NNPCL generates N4.5trn revenue in 10 months

The Nigerian National Petroleum Company Limited (NNPCL) has generated N4.5 trillion as revenue for the federation as of October 2023.…

2 years ago

NNPCL: Crude oil production, price benchmark for 2024 budget realistic

The Nigerian National Petroleum Company Limited (NNPCL) has assured that the projections on crude oil production and price benchmark for…

2 years ago

EFCC declares ex-minister Agunloye wanted over $6bn power contract

Economic and Financial Crimes Commission (EFCC) has declared former Minister of Power and Steel, Dr. Olu Agunloye, wanted over alleged…

2 years ago

Countries agree deal to transition from fossil fuels at COP28

Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday, December 13, 2023, to begin reducing global…

2 years ago

Govt moves to sell 40% shares in 11 DisCos through IPO

The Federal Government has concluded plans to sell off its 40 per cent stakes in the 11 Distribution Companies (DisCos).…

2 years ago

National grid restored after collapse

The Transmission Company of Nigeria (TCN) says the national grid has been restored after it collapsed at about 1.49 p.…

2 years ago

TCN: We only transmit 8,100mw of 13,000mw generated electricity

The Transmission Company of Nigeria (TCN) says it currently has the capacity to transmit 8,100mw of the about 13,000mw of…

2 years ago

Q1 24: Otedola’s Geregu Power forecasts N31.2bn revenue, N14.4bn profit

Geregu Power Plc., Nigeria’s leading power generation company (GenCo), is seeing a better operating 2024 with its revenue and profit…

2 years ago

Sanusi: Why Tinubu shouldn’t be petroleum minister

A former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has called for the appointment of a…

2 years ago

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