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Energy
FG Seeks $2b Chinese Loan To Finance Power Grid
The Minister of Power, Adebayo Adelabu, has announced that Nigeria is in talks with the Export-Import Bank of China (China Eximbank) for a...
NNPC links cooking-gas price hike to PENGASSAN strike
The Group Chief Executive of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, has blamed the recent rise in cooking-gas prices on...
Lagos Govt Defends Trade Fair Demolition, Says Exercise Legal, In Accordance With Due Process
Lagos State Government, through the Commissioner for Environment and Water Resources, Tokunbo Wahab, on Monday defended the recent demolitions at the Trade Fair...
FG To Revoke Licences Of Underperforming DisCos In 2028, Approves N4tr Bond
The Federal Government will not renew the licences of electricity distribution companies (DisCos) that fail to meet performance expectations when their current licences...
Poor Nigerians, Others To Get Tariff Relief Package Under Electricity Act-NERC Boss
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that schools, hospitals and low-income Nigerians will benefit from a tariff relief package under the...
Nigeria’s Non-oil Export Jumps To $1.79bn In Q1, 2025 – NEPC Boss
The Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Nonye Ayeni, has disclosed that Nigeria’s non-oil export has risen to $1.791...
Tinubu To Unveil First New Crude $400m Indigenous Crude Oil Facility In Rivers
This is certainly good news in the oil industry in Nigeria as President Bola Tinubu is scheduled to commission the $400m Otakikpo Onshore...
FG Woos Investors With 200,000bpd, $5.5bn Oil Sector Gains
The Federal Government, through Ministry of State for Petroleum Resources, has disclosed that recent divestments by International Oil Companies have added about 200,000...
