The Nigerian Electricity Commission (NERC) has revealed there is a divergence between generated capacity and transmitted and distributed capacity. NERC blamed both the Nigerian electricity distribution...
Ikeja Electric (IE) have warned that it would not hesitate to discontinue service to hostile customers and communities attacking its field staff while on duty....
Crude oil fluctuated between gains and losses as investors prepared for a fifth straight rise in U.S. crude inventories and oil tracked the U.S. equity...
Heavy, sour crude oil might be in high demand in the coming months as the global market struggles to adjust to the recent US sanctions...
Brent crude oil futures traded steadily at $66.41 per barrel, while the WTI sweet crude contract was up 56 cents at $56.15 per barrel. Cuts...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied that it has reduced the pump price of petrol from N145 to N140 to encourage Nigerians...
Brent crude oil steadied on Monday, on track for its strongest first quarter in eight years, thanks to a growing belief among investors that OPEC’s supply...
New report from the Association of Power Generation Companies (APGC), has disclosed that the nation lost about 42,160.87 mega watts (MW) of electricity out of the...
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has ordered its members to reduce petroleum pump price from N145 per litre to N140. The reduction is...
The Premium Motor Spirit price watch report released by the National Bureau of Statistics on Thursday shows that the average price paid by consumers for PMS...