Nigeria’s national grid collapsed on Saturday morning, throwing over 90 percent of the country into complete darkness. Blackouts were reported in Lagos State, Ogun State, Oyo...
Oil prices fell on Friday after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures fell $1.39, or...
The Presidential Compressed Natural Gas Initiative (PCNGI) has finally broken silence on the recent explosion of a CNG-powered vehicle which left many injured at a NIPCO...
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has issued a directive to electricity distribution companies (Discos) in the country concerning the replacement of...
The UAE stock markets experienced volatility on the last trading day of the week. The Dubai stock market was slightly higher, rebounding and showing potential for...
Brent crude oil, against which Nigerian oil is priced, gained 23 cents, or 0.31 percent, to settle at $74.45 a barrel on Thursday, while the US...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that despite the directive of the Federal Government that they can purchase petrol directly from Dangote...
The prices of crude oil fell marginally on Wednesday over less oil demand growth and reduced concerns that Middle East conflicts will disrupt supply. Investors King...
The Federal Government has announced plans to import 1.3 million meters as part of a broader strategy to end estimated billing in the country which it...
The Federal Government of Nigeria is set to commence the production of meters and other essential energy components following the unveiling of Hexing Livoltek, an electricity...
