No Incentive to Increase Power Generation, Say Gencos As households and businesses continue to lament the nation’s electricity woes, power generation companies in the country have...
Crude Oil Price Remains Steady at About $67 Despite U.S. crude inventories rising by 1.93 million barrels last week, crude oil price remained steady. Brent crude...
Police Force, Power Sector Most Corrupt – Survey An independent survey conducted by Socio-Economic Rights and Accountability Project (SERAP) revealed that the police force is the...
Individuals, Firms Loot N1.3trn in 4 Years -Magu The Economic and Financial Crimes Commission (EFCC) on Monday disclosed that 32 individuals and corporate organizations in the...
Nigeria, Others Need 20.4 Million New Jobs Yearly – IFC The International Finance Corporation, a member of the World Bank Group, has said African countries need...
Metering is Your Responsibility, NERC Fires Back at Discos The Nigerian Electricity Regulatory Commission has said the obligation to ensure that all electricity consumers have meters...
Oil Price: Nigeria, Others Commit to Exceed Voluntary Output Cut Nigeria and other member countries of the Organisation of Petroleum Exporting Countries (OPEC) as well as...
External Reserves Climb to Five-Month High Ahead of MPC Nigeria’s external reserves climbed to a five-month high amid rising foreign portfolio investments and stable global oil...
FG Spends Over 50% of Oil Revenue on JV Assets A large chunk of the total revenue generated by the federal government from oil and gas...
Shell Increases Contractor Support Fund to $2.4bn Shell Petroleum Development Company of Nigeria Limited says it has increased the size of its contractor support fund by...
