Energy

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

Navy uncovers 15 illegal refineries in Rivers

The Nigerian Navy has discovered 15 illegal refining sites with the capacity to process 2.7 million litres of crude oil…

2 years ago

Bills: NERC sanctions 11 DisCos for non-compliance

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned no fewer than 11 Electricity Distribution Companies (DisCos) for non-compliance with the…

2 years ago

Tinubu signs amended Electricity Act Bill into law

President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law. This was made known via a statement…

2 years ago

Petrol: NNPC rules out price increase, warns against panic buying

The Nigerian National Petroleum Company (NNPC) Ltd. Has ruled any planned increment in the price of Premium Motor Spirit (PMS),…

2 years ago

Oil revenues: NNPC, CBN review seamless banking operation

Following the presidential directive, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele…

2 years ago

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