Commission pledges to support State Govt’s bid Lagos State Governor, Mr. Akinwunmi Ambode, on Friday, sought a no objection letter from the Nigerian Electricity Regulatory Commission (NERC)...
Oil prices surged steadied on Thursday, August 3, driven by signs of a tightening U.S. market but weighed down by ample supplies from OPEC producers. Benchmark Brent crude...
By Odunewu Segun The All Progressives Congress led federal government is desperate to retain power comes 2019, and it is relying heavily on the Dangote...
Exempt from the promised production cuts started in January, Nigeria (along with Libya) have been offsetting OPEC’s reduction, adding nearly 100,000 b/d in output from May to June alone,...
Nigeria’s power generation dropped below the 3,000 megawatts at the weekend as the number of idle power plants increased to eight on Sunday from five...
OPEC Secretary-General Mohammad Barkindo said Nigeria has no intention of going beyond its oil production target of 1.8 million barrels per day (bpd) until the end...
The federal government had been shining in supplying crude oil to international demands surging from Europe and America. But emerging change in demand equation which shows...
By Odunewu Segun Nigeria, aided by China is aggressively pursuing oil exploration activities in the Northeastern region with the optimism that oil discovery in the region...
Kerosene increases by 8.01% By Odunewu Segun Prices of Premium Motor Spirit, PMS also known as petrol, Automotive Gas Oil, also known as diesel, Liquefied Petroleum...
By Richards Adeniyi The Nigerian Navy says it arrested a vessel and metallic badge transporting illegally refined diesel suspected to be stolen from a pipeline...