Monday, April 29, 2024
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Eterna Plc embark on Five Years Strategic Plan

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PHOTO CAPTION L-R: Managing director /Chief Executive Officer, Eterna Plc, Mr. Mahmud Tukur; Chairman, Mr. Lamis Shehu Dikko and Company Secretary/Legal adviser, Bunmi Agagu, during...
PENGASSAN, NUPENG suspends strike

NUPENG issues 21-day ultimatum to Multinationals

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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) yesterday gave a 21-day ultimatum to employers in the Nigerian oil and gas industry...
Road projects completion prioritised in 2021 budget- Minister

N325.54bn not remitted by Discos in 10 months- NBET

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A total of N325.54 bn was not remitted by the Power distribution companies (Discos) in the country to the Nigerian Bulk Electricity Trading Plc....
No crude oil refined in refineries with N142.07bn operating cost- NNPC

British firm seeks seizure of $9bn Nigerian assets over failed gas deal

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A firm consolidated in the British Virgin Islands; Process and Industrial Developments Limited will ask a British court today for the right to seize...

Iron and Steel: NCDMB decries Capital Flight

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By Joy Okoli The Nigeria Content Development and Monitoring Board (NCDMB) has decried the level of capital flight from Nigeria, even as it attributes it...
Discos revenue collection hit N127bn in first three months

NERC grants GEIL 40MW electricity generation license

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In a bid to increase the growth of the country’s power generation, the Nigerian Electricity Regulatory Commission issued a licence to Green Energy International...
Discos revenue collection hit N127bn in first three months

Investor's confidence weakened over alleged N2bn fraud- Power regulator

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The allegation of fraudulent payments to two power plants levelled against the Nigerian Bulk Electricity Trading Plc has weakened investor confidence in the power...

FG, Sterling Bank partners to provide renewable energy to MSME'S

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The Federal Government, Sterling Bank and Virtus Energy Solutions Limited are into a partnership to strengthen power production for small and medium businesses in...

GenCos decry huge Power Losses from DisCos

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  By Ignatius Ushie Power Generation Companies (GenCos) have decried the huge burden they bear as the distribution companies (DisCos) sustain energy rejection, by only paying...

PPPRA to audit downstream oil and gas facilities

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The Petroleum Products Pricing Regulatory Agency (PPPRA) declares that it will initiate a thorough audit and survey of downstream oil and gas logistics facilities...