NNPC records 47% revenue decrease from petrol sale
The Nigerian National Petroleum Corporation (NNPC) has witnessed its revenue from petrol sales decrease by 47.38 per cent to N107.61bn in April as supply...
Generation capacity stranded as nine power plants shut down
A total generation capacity of 2,079.1 megawatts was left stranded as nine of the nation’s 27 power plants were idle on Thursday (16th July...
NLNG denies alleged $1.05bn illegal withdrawal
The Nigeria LNG Limited (NLNG) has described the allegation that its Managing Director/Chief Executive Officer, Tony Attah, and the Group Managing Director of the...
NERC releases list of approved Meter Asset Providers
The Nigerian Electricity Regulatory Commission (NERC) has released a list of approved Meter Asset Providers that are qualified to operate and supply meters across...
Power companies urge FG to provide N400bn for meters
The power distribution companies in the country have called on the Federal Government to provide N400bn through commercial banks towards bridging the huge metering...
NNPC records N30.8bn loss representing 200% increase
The Nigerian National Petroleum Corporation (NNPC) records have revealed that the oil corporation lost N30.81bn in April 2020, representing over 200 per cent increase...
Lagos collaborates with US agency to improve electricity access
The Lagos State Government has announced that it has executed a letter of cooperation with the United States Agency for International Development to effectively...
Nigeria’s debt servicing may limit economic productivity- OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has announced that the servicing of Nigeria's debts may limit the Federal Government’s ability to increase economic...
Unions criticise NNPC over sacking of 850 contract workers
Unions including the Nigeria Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria disclosed on...
Nigeria earned $206.6bn from oil in last five years- OPEC
The Organisation of Petroleum Exporting Countries has revealed that Nigeria, Africa’s top oil producer, generated $206.06bn in revenue from crude oil exports in the...
