NNPC Limited has disclosed that Nigerian Agip Oil Company (NAOC) did not obtain its consent before announcing a deal to sell onshore oil assets to Oando PLC. Oando Plc had entered an agreement with ENI for the acquisition of 100%…
The Transmission Company of Nigeria (TCN) has reported a total of 46 grid collapses in the country spanning the period from 2017 to 2022. In a Twitter post shared yesterday,the company emphasized that over the years within this timeframe, there…
The Niger Delta Power Holding Company L.td., has reiterated commitment to work with relevant stakeholders to overcome the challenges of gas and transmission limitations. The company’s Managing Director, Mr Chiedu Ugbo, gave the assurance while answering questions from State House…
By Akinyemi Precious The Nigerian Electricity Regulatory Commission (NERC) has increased the prices of electricity meters by 40 per cent. This as approval for the incresss was granted for an upward adjustment in the prices of prepaid electricity meters within…
MTN Nigeria has said that it has been able to lower its energy costs by over N570 million through the use of gas generators. The company disclosed this in its 2023 climate change report where it highlighted its investments in…
…TCN explains reasons By Ismail Azeez, Osogbo Residents of Osogbo, Osun State state capital have decried two-day blackout following power outage by the Ibadan Electricity Distribution Company Plc (IBEDC). The people, particularly those into business activities, counted the losses they…
The Nigerian National Petroleum Company Limited (NNPCL) has said that between August 26 and September 1, 2023, there were 150 crude oil theft incidents mainly across Bayelsa, Rivers, Imo, and Delta States. The company stated this through a video shared…
Nigeria’s Minister of State for Gas, Ekperikpe Ekpo has told attendees at the ongoing Gastech Conference in Singapore, that the country has the capacity to grow its gas production to over 5 billion cubic feet per day by 2030. According…
The Nigerian Content Development and Monitoring Board (NCDMB) in conjunction with the Anti-Corruption Academy of Nigeria (ACAN), an organ of the Independent Corrupt Practices Commission (ICPC) recently organised a 2-day sensitisation workshop for the Board’s staff in Abuja. Delivering the…
Oando PLC has acquired 100 per cent of the shares of Nigerian Agip Oil Company Limited (NAOC Ltd). Ayotola Jagun, Oando’s Company Secretary, made this known in a statement on Monday. With the acquisition of Agip, Oando will assume ownership of forty…
