By Ogaga Ariemu Nigerian Electricity Regulatory Commission (NERC), has denied reports in some media that its ordered 50 per cent electricity tarriff increase. This is was...
Ten of the nation’s 29 power plants sat idle on Monday on the back of low load demand by the distribution companies and gas constraints. Total...
The international oil benchmark, Brent crude, tumbled on Monday after hitting a record high of $53 ahead of the meeting of the Organisation of the Petroleum...
The 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 5 January 2021. The Meeting, which reconvened following an initial round of...
The Federal Government has given Nigerians bitter pills to swallow in the New Year with the reported hike in electricity tariff again. This is coming two...
The Major Oil Marketers Association of Nigeria (MOMAN) says it is excited by the commencement of the African Continental Free Trade Area Agreement (AfCFTA) because it...
The cumulative revenue lost by the power sector in 2020 was N645.15 billion, while the total quantum of electricity constrained during the period was 44,068 megawatts,...
The Organisation of the Petroleum Exporting Countries (OPEC) sees plenty of downside risks for oil markets in the first half of 2021, Mohammad Barkindo, its Secretary-General...
The Department of Petroleum Resources (DPR) has called on users and sellers of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, to strictly adhere to...
The administration of Governor Babajide Olusola Sanwo-Olu is set to take another step in actualizing its vision for a Greater Lagos by replacing all streetlights in...