Many states of the federation have been thrown into darkness as Labour Unions shut down major TCN stations across the country, cutting power supply to electricity...
Mr. Bala Wunti the Group General Manager (GGM) of National Petroleum Investment Management Services (NAPIMS) has declared that the Madu Conductor Supported Platform (CSP) constructed...
The Transmission Company of Nigeria (TCN) has urged electricity workers to suspend their proposed indefinite strike action. Dr Sule Abdulaziz, the Managing Director, TCN...
Oil prices fell on Tuesday as weak economic data from China, a top crude importer, renewed fears of a global recession. Brent crude futures fell 1.6...
The National Union of Electricity Employees (NUEE) has commenced mobilization of its members to shut down services nationwide on Wednesday 17th August 2022 over the refusal...
A special Ad-hoc committee of the House of Representatives investigating the nation’s subsidy payments on petroleum products since 2013 to date, has expressed displeasure...
Idumagbo and Ajele areas of Lagos are in blackout after fire consumed an injection substation of Eko Electricity Distribution Company (EKEDC) in the area....
The desperate need to attract foreign direct investment following Nigeria’s poor fiscal environment may be the reason President Muhammadu Buhari approved the ExxonMobil’s $1.52...
President Muhammadu Buhari has approved the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc despite moves by the state-owned oil company to block...
Analysis of industry data — mostly from the Nigerian Electricity Regulatory Commission (NERC) — from January 2010 to September 2021 showed that the grid suffered 216...