The Nigerian Electricity Regulatory Commission (NERC) has issued permits to meter asset providers (MAPs) to begin the roll out of new meters by May 1....
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting...
The Ondo State government on Saturday inaugurated a 45kw cabin-type mini-grid power project in Gbagira town of the Ilaje Local Government Area of the state. The...
The Nigerian Electricity Regulatory Commission (NERC) says it will begin mass metering for electricity consumers by May 1. Usman Arabi, NERC General Manager for Public Affairs,...
Shell Petroleum Development Company (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) remitted $6.3 billion in 2018 to Nigerian government. The money which represented...
Nigerian indigenous energy company, Oando Plc, Thursday announced the sale of its midstream business subsidiary, Axxela Limited, to Helios Investment partners for $41.5 million. This, the...
The National Bureau of Statistics (NBS) on Thursday said the volume of premium motor spirit (PMS), popularly known as petrol, importation has been reversed with a...
Oil prices steadied after Brent pushed towards a nearly five-month high of $70 a barrel on OPEC-led supply cuts and U.S. sanctions, with gains capped by...
Oil prices were little changed on Wednesday even after U.S. government data showed a surprise increase in crude inventories, as OPEC-led output cuts and U.S. sanctions...
By Richards Adeniyi A company based in the Niger Delta, Macobarb International Ltd has accused the Nigeria Liquefied Natural Gas Limited (NLNG) of violating the country’s...