Energy

338 Articles
Energy

Seplat Hits ₦10,000 Mark, Bags Top Industry Honours

BY NKECHI NAECHE-ESEZOBOR—Seplat Energy Plc has reinforced its position as Nigeria’s leading indigenous energy company, recording strong investor confidence and multiple high-profile recognitions...

Energy

Presidency Clears Air on Tinubu’s ₦3.3tn GenCos Debt Plan

The Presidency on Thursday addressed the controversy trailing President Bola Tinubu’s approval of a ₦3.3 trillion repayment plan for verified legacy debts owed...

Energy

NNPC Launches Cawthorne Crude into Global Export Market

BY NKECHI NAECHE—ESEZOBOR—The Nigerian National Petroleum Company (NNPC) Limited has announced the commencement of exports for its newly introduced crude oil grade, Cawthorne....

Energy

Tinubu Approves ₦3.3 Trillion to Clear Power Sector Debts

President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme. The...

Energy

More Revenue For Nigeria As NNPC Exports 950,000 Barrels Cawthorne Blend Crude

Nigeria’s revenue is set to witness a boost as the Nigerian National Petroleum Company (NNPC) Limited has recorded a significant milestone with the...

Energy

Adelabu Apologises To Nigerians Over Power Outages, Promises Improvement

The Federal Government has apologised to Nigerians over power foutages but is promising improvements across the country in the coming days.  Nigeria’s Minister...

Energy

NNPC Secures Presidential Approval for $20 Billion Final Investment Decision on Bonga Deepwater Project

BY NKECHI BAECHE-ESEZOBOR —Nigeria’s national oil company, Nigerian National Petroleum Company Limited (NNPC Ltd.), has secured presidential approval to move ahead with the...

Energy

Lagos Moves to Strengthen Power Sector as Sanwo-Olu Inaugurates LASERC Board

Governor Babajide Sanwo-Olu, on Monday, rolled took another bold step to operationalise the Lagos State Electricity Law and strengthen institutional framework required for...