President Muhammadu Buhari has approved the composition of a Power Sector Reform Coordination Working Group, under the leadership of Vice President Yemi Osinbajo. Governor Nasir El-Rufai...
Brent crude, international oil benchmark, dropped to $46 per barrel on Friday. The development followed the failed negotiations among the Organisation of Petroleum Exporting Countries and...
The Federal Government has announced plans to review the 2020 budget as crude oil revenue comes under pressure from the effects of the raging coronavirus infection...
The Department of Petroleum Resources (DPR) has explained why decided to close seven gas firms refilling Liquefied Petroleum Gas (Gas) cylinders in Lagos state. Recall that...
The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the...
The proposed increase in electricity tariff by the Distribution Companies (DisCos) has experienced a setback, as the Federal Competition and Consumer Protection Commission (FCCPC) said increasing...
Global oil benchmark, Brent Crude, finally slipped below the $50 per barrel mark on Friday after declining by as much as 3.85%. It is currently trading...
The Nigerian Electricity Regulatory Commission (NERC) said it had repealed the estimated billing methodology regulation, effective February 20th, 2020. Following the repeal, the estimated billing methodology...
Electricity distribution Companies (Discos) have threatened to oppose any plans by the federal government to transfer ownership of power companies to a German multinational conglomerate, Siemens,...
Chief Executive Officer of KAKU Professional Engineers, Prof. Sylvester Egwu, has highlighted how the Federal Government can resolve challenges impeding improved electricity supply in the...