Chevron – Nigeria’s third-largest oil producer is looking to sell-off a number of its oil assets in the country as the company wants to focus on...
The senate president, Senator Ahmad Lawan have said that the Ninth National Assembly would demand for accountability and transparency in the nation’s power sector funding, particularly...
Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and Central Africa. The company stated this...
As the nation’s power sector remains in crisis six years after it was privatised, electricity consumers have called on the government to sanction core investors that...
U.S. super major Chevron is said to be planning a divestment drive including several of its Nigerian oil and gas assets, as it focuses on growing...
Electricity distribution companies in Nigeria have steadily reported losses since their emergence in 2013. According to PwC report, there has been a steady growth in the...
The Electricity Distribution Companies, DISCOs, has pleaded with the National Assembly to intervene in the current liquidity crisis in the power sector, saying they will need...
The International Monetary Fund has said Nigeria needs to reduce fuel subsidy at a time when oil prices are low in order to bring about more...
By Segun Odunewu The Association of Nigeria Electricity Distributors (ANED) has said Electricity Distribution Companies (DisCos) will need N8.7 billion to comply with the remittance order...
Electricity generation companies (GenCos), comprising gas-fired and hydro stations, say they could not generate 1,631.5 megawatts of electricity on Saturday due to unavailability of gas. This...