Electricity Generation Drops to 2,684MW The nation’s power generation plunged by 777.9 megawatts on Monday as output from the hydropower plants and some gas-fired stations, including...
Meter Supply is Discos’ Responsibility, Says FG The Federal Government on Monday announced that power distribution companies still had the responsibility of providing meters to customers...
NNPC, Seplat Sign Gas Delivery Agreements The Nigerian National Petroleum Corporation and Seplat Petroleum Development Company have signed five agreements to expedite the development of a...
Nigeria Imported 6.5 Billion Litres of Fuel in Three Months Between April and June this year, the country imported 6.5 billion litres of petroleum products, figures...
N’Assembly to Establish NEITI Forum A parliamentary group on Extractive Industries Transparency Initiative is to be established by the National Assembly, the Nigeria Extractive Industries Transparency...
Egina Success, Celebration of Local Content — Osinbajo The Acting President, Prof. Yemi Osinbajo, has described the successful anchor of the $16bn Egina Floating Production, Storage...
FG Wants Innovative Funding for Satellites Acquisition The Minister of Communications, Mr Adebayo Shittu, says the Federal Government is searching for an innovative way to fund...
Nigeria’s Foreign Commercial Loans Rise to $8.8bn Nigeria’s exposure to commercial loans has risen by 486.67 per cent in the last three years as the loans...
Fed Govt Mulls VAT Removal on Locally Produced LPG The Federal Government is working with relevant agencies to remove the controversial value added tax (VAT) from...
Rising Debt, External Reserves Decline Slow Economy The recent rise in the nation’s debt profile and continued decline in the external reserves are slowing down the...
