BY: Han Tan [Market Analyst at FXTM] Brent fell by 4.1 percent and is struggling to keep its head above the psychological $30 level, while WTI...
Ikeja Electric Plc has denied media reports that it is providing free electricity for two months as part of COVID-19 palliative measures. According to a statement...
BY: Hussein Sayed, Chief Market Strategist at FXTM Oil futures jumped on both sides of the Atlantic on expectations the world’s biggest producers would finally agree...
The power distribution companies have agreed to approve the proposal by the federal government that Nigerians should get two months of free electricity, The Executive Director,...
BY: Ikenna Oluka The Department of Petroleum Resources has directed oil and gas firms to reduce the number of workers at project sites as part of...
The Department of Petroleum Resources (DPR) have made it clear that the industry is likely to shut down should the coronavirus pandemic affects its operations. According...
Many fuel stations are yet to comply with the directive of the presidency to reduce the pump price of Premium Motor Spirit (PMS), Grassroots.ng can report. The...
The Chief of Staff to President Muhammadu Buhari, Mallam Abba Kyari, and the Minister of Power, Mr. Saleh Mamman, met yesterday with Siemens officials in Germany...
The Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS (petrol) in January 2020, according to data obtained from the...
Ikeja Electric Plc, Nigeria’s largest Electricity Distribution Company announced the appointment of Mrs. Folake Soetan as its Acting Chief Executive Officer, effective March 2nd, 2020. She...
