NNPC, JV Partners to Grow Domestic Gas Supply to 5bcf/d in Three Years The Nigerian National Petroleum Corporation (NNPC) has said that it would collaborate with...
EFCC Investigates Electricity Theft by Consumers The Economic and Financial Crimes Commission has started investigating alleged collusion by some electricity consumers, power firms’ workers and meter...
New Vehicle Imports Fall by 90 Percent Only 350 new vehicles were imported by Nigerian auto firms in the first quarter of this year, which shows...
GE Plans 2GW Hydroelectric Power in Nigeria The General Electric is planning to install hydroelectric plants that will generate additional two gigawatts of electricity in the...
Kachikwu, Others Worry as Fuel Marketers Halt Importation One year after the partial liberalisation of the nation’s fuel market, the Minister of State for Petroleum Resources,...
States’ IGR Rises by 17% to N802bn The National Bureau of Statistics on Thursday released the Internally Generated Revenue figures for 35 states for the 2016...
Nigeria’s Oil Production Increases by 274,000bpd Crude oil production in Nigeria rose by 274,000 barrels per day last month, the biggest increase among its peers in...
Few Interest Groups Lock Down Oil Sector Nigeria’s oil and gas sector has been under the control of a few interest groups who have locked it...
2016 budget: N1.2tn Released for Capital Projects The Federal Government said it released a total of N1.2tn to finance capital projects as contained in the 2016...
Oil Rebounds Above $50 as US Stockpile Drops Oil rebounded on Wednesday following a report that the US stockpile dropped to its biggest one-week low this...
