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Energy
FG Projects Increase Of 600,000 bpd Crude Boost From New Investments
Driven by a surge in new investments in the upstream sector, the Federal Government on Wednesday announced that it has projected an increase...
FG, GenCos Finalise Implementation Framework for ₦4 Trillion Presidential Power Sector Debt Reduction Plan
The Federal Government of Nigeria has taken a major step toward restoring financial stability and investor confidence in the electricity market with the...
Tinubu Welcomes Shell’s $2b New Offshore Gas Investment In Nigeria
President Bola Tinubu on Tueaday welcomed the news of Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the...
Senate Confirms NNPCL Responding To 19 Queries On Audit report Of 2017 To 2023
The Senate Committee on Public Accounts on Wednesday confirmed that the Nigerian National Petroleum Company (NNPCL) has responded to 19 queries raised against...
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...
