The Senior Special Assistant to the President on Media and Publicity, Garba Shehu defended President, Muhammadu Buhari, recent decisions that led to hike in fuel price...
Despite rejections by Nigerians the new price of Premium Motor Spirit (PMS) aka petrol is in line with development in the the global oil market, an...
Nigerians have reacted negatively towards the decision of the Petroleum Products Marketing Company (PPMC) to increase the price of petrol from N138.62 per litre to N151.56...
The Nigerian Electricity Regulatory Commission on Tuesday approved an increase in electricity tariff with effect from today (1st September 2020). Recall that three months ago, tariff...
The Agusto & Co. 2020 Oil & Gas Downstream Report revealed that the growth of the Nigerian Oil and Gas Downstream Industry remains hindered by the lack of...
The Nigerian Government said it has secured a whopping sum of $6.150 billion for development of critical power projects in the country. This was disclosed by the...
The total crude oil and gas export earnings of $378.42 million in June, as against $133.16 million it posted in May 2020, the Nigerian National Petroleum...
Africa’s most populous nation, Nigeria might need an oil price of $70 per barrel and a production of two million barrels per day to sustain its...
Lagos State Government and the Ministry of State for Power have unveiled Smart Meter Initiative tagged “The Lagos Smart Meter Hackathon 2020” to address the challenges...
The capped tariff system introduced by industry watchdog, Nigerian Electricity Regulatory Commission (NERC), into electricity pricing cost them N13.9 billion in revenue loss every month, Power...