Kano Electricity Distribution Company (KEDCO) is stuck on its inability to post N484.5 million to meet its N1.215 billion letter of credit (LC) guarantee requirement to...
Oil extended gains after an industry report showed a bigger-than-expected drop in American crude inventories and as Iran ruled out a meeting with the U.S. ...
GE and Songas today announced they have successfully completed upgrades to the entire GE fleet of three LM6000PA and one LM6000PC gas turbines at the Songas...
An Italian oil major, Eni, has said that it has made a huge gas and condensate discovery onshore Niger Delta. Eni said on Tuesday that through...
Power distribution companies are said to pulling available strings to avoid serious sanctions from the Nigerian electricity Regulatory Commission (NERC) following unpaid N34.05bn loan disbursed under...
In 2020, worldwide 5G wireless network infrastructure revenue will hit $4.2 billion, a figure that represents 89 per cent increase from 2019 revenue of $2.2 billion,...
The Nigerian National Petroleum Corporation (NNPC) yesterday said oil and gas pipeline vandalism rose by 77 percent in June this year. The newly released June edition...
The Nigerian Electricity Regulatory Commission (NERC), says no tariff increase has been approved by the commission yet. Usman Arabi, NERC’s General Manager, Public Affairs, in a...
High Court of the Federal Capital Territory has ordered Mr Usman Gur Mohammed, managing director of the Transmission Company of Nigeria (TCN), to appear before it...
Chairman, Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh on Thursday said the Commission was ready to present the market fundamentals that resulted in the tariff...