President Muhammadu Buhari has approved a new Board of Directors for the Nigerian National Petroleum Corporation, relieving Dr. Emmanuel Ibe Kachikwu as the Group Managing Director...
BY ODUNEWU SEGUN THE recurring losses of Oando Plc, plus huge debts and severe negative working capital position may cast significant doubt as to the company’s...
NIGERIA expects to become a net exporter of refined products and ends fuel importation by 2019, Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has...
NIGERIA’S declining gas market may soon see a boost if Shell Petroleum Development Company (SPDC) makes good it’s planned increased investment in the sector. Speaking to...
THE Federal Government has said it is increasingly looking to alternative sources such as coal, solar and biomass for power generation. Minister of Power, Works and...
By Odunewu Segun In its bid at ensuring that electricity consumers get electricity meters, the Nigerian Electricity Regulatory Commission has given power distribution companies up till...
THE Secretary General of the Organization of Petroleum Exporting Countries, OPEC, Mohammed Sanusi Barkindo, has said he will call an emergency meeting of member countries to...
By Chioma Obinagwam Total Nigeria has said it would maintain leadership position in delivering solar solutions to the Nigerian market. The chairman of the bank,...
THE National Integrated Power Projects scheme is said to be threatened by a debt of N99bn owed the manager of the facilities. According to the Niger...
NO fewer than six chiefs have been arrested by soldiers on allegation of being involved in the bombing of facility, Forcados 48 Export Line, belonging to...