Some stakeholders in Bayelsa have applauded plans to hold the maiden edition of Nigeria Oil Well Festival from Dec. 28 to Jan. 14, 2018. According to the...
Vice-President Yemi Osinbajo has stated that paying higher tariffs in the power sector is inevitable. Osinbajo said this while speaking at the 6th presidential business...
Oil prices fell on Monday, with U.S. crude easing from two-year highs on prospects of higher output, but losses were limited before an OPEC meeting...
The Nigerian National Petroleum Corporation (NNPC) is in the middle of another corruption scandal following the revelations that the body is yet to remit about N1.78...
Indications have emerged that commercial banks that assisted several downstream oil and gas investors with deep pocket loans, having tried every legal processes to get...
The Nigerian National Petroleum Corporation (NNPC) may find it hard to explain before the aggrieved members of the House of Representatives, the viability of further expenditure...
The long stretch of opposite trending between the federal government and electricity distribution firms (Discos) in the country is taking a more dangerous dimension. This stemmed...
The Nigerian National Petroleum Corporation (NNPC) says it has completed, commissioned and delivered 500 kilometers (km) of gas pipelines between 2010 to date. The Group Managing...
Nigeria’s economic growth accelerated in the third quarter as oil output rose to the highest since the start of last year. The gross domestic product of...
Nigeria’s power transmission capacity has increased by 600 megawatts after it recently energised the second Asaba-Benin 330kV transmission line. In a statement issued by the Transmission...