The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of...
OPEC may raise oil output from July if Venezuelan and Iranian supply drops further and prices keep rallying, because extending production cuts with Russia and...
The Kaduna Electricity Distribution Company (KEDCO) has appealed to its customers in Kebbi State to bear with it for its recent intermittent load shedding exercise...
A World Bank report called the “Nigeria Biannual Economic Update” for 2018, which was released on Monday reveals that Nigeria spent N731 billion to subsidise petrol consumption...
Steady Indian and Indonesian demand has helped lift price indications for two of Nigeria’s top grades, Bonny Light and Qua Iboe crude, to near five-year highs,...
Electricity generating companies (GenCos) say they released 3,522 megawatts of electricity into the national grid on April 7. GenCos made this known in their daily...
Oil price on Tuesday hit a five-month high above 71 dollars a barrel, supported by concern that violence in Libya could further tighten supply already squeezed...
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...