Weak Transmission Stalls Generation of 700MW at Egbin The feeble transmission infrastructure wheeling generated power to the national grid has stalled the generation of 700 megawatts...
Marketers Fault NNPC as Corporation Says Fuel Price Down to N142/litre The Nigerian National Petroleum Corporation on Sunday announced that its sustained strategic intervention in the...
FG, States Agree on Monthly Rent Payment The clamour for the monthly payment of rent by clients in the housing sector received attention at the recently...
FG Seeks Private Sector Investment from UK The Federal Government on Thursday said it would work with government of the United Kingdom to stimulate more direct...
Inflation Rate’ll Decline Further in August The rate of inflation in Nigeria will decline further in August 2017’s report and this will make it the seventh...
NNPC Loses N48bn as Refineries’ Performance Drops by 45% Nigerian refineries are still performing poorly as an analysis of the latest monthly oil and gas sector...
OPEC Oil Output Slips on Renewed Libyan Outages The Organisation of the Petroleum Exporting Countries on Thursday announced that oil output had fallen by 170,000 barrels...
Fitch Affirms Nigeria at ‘B+’, Negative Outlook Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating at ‘B+’ with a negative outlook. Reuters on Thursday...
Power Generation Drops by 248MW in 24 Hours A total of 16 hydro, gas and steam power stations recorded various degrees of reduction in the quantum...
NNPC Cooperative Members Lament Fraud, Delayed Loans Some members of the Nigerian National Petroleum Corporation Cooperative Multipurpose Society Limited have expressed dissatisfaction over delay in getting...
