The House of Representatives on Wednesday asked the Federal Government to suspend its planned sale of the Nigerian Liquefied Natural Gas Limited. It described the NLNG...
The House of Representatives yesterday chided the management of the Nigerian National Petroleum Corporation (NNPC) over its inability to shed light on the monies to be...
Executive Secretary, Petroleum Technology Development Fund, Dr Aliyu Gusau says the Petroleum Industry Bill awaiting presidential assent has no clause for value generation which is critically needed...
With the declining United States crude oil inventories, the price of oil Thursday hit $74 per barrel, its highest in nearly four years as Saudi Arabia...
Nigeria’s bourse lifted a suspension on the trading of shares in oil company Oando on Wednesday, following a directive from the Securities and Exchange Commission (SEC),...
The Enugu Electricity Distribution Company (EEDC) has appealed to Enugu State residents to co-operate with its customers’ enumerators in order to improve service delivery. EEDC’s Head...
The hope of Kano Electricity Distribution Company (KEDCO) customers of getting improved power supply in Kano has been dashed. This followed the collapse of newly installed...
A civil rights organisation, the Save Lagos Group (SLG) has written to the upper legislative chambers, Senate with a call on members to commence the processes...
Royal Dutch Shell has sued a former senior employee over suspected bribes in the $390 million sale of an oilfield in Nigeria, where the company is...
The Nigerian Electricity Regulatory Commission (NERC) says prepaid meters will soon flood the market with the licensing of 87-meter asset providers (MAPs). What the power sector...