Oil Soars As The U.S. Delays Trade War Tariffs

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Oil shot up more than 4 percent on Tuesday after the U.S. said it would delay the 10 percent tariff on some Chinese products,...
FG Signs Agreement With Eight Indigenous Solar Developers Worth €9.3m

FG Signs Agreement With Eight Indigenous Solar Developers Worth €9.3m

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The Federal Government has signed an award grant agreement with eight (8) indigenous Solar Mini-grid developers for the development of 23 mini-grids across 11...

Force Majeure Disrupts Exports of Nigeria’s Bonny Light

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The force majeure declared by Shell Petroleum Development Company (SPDC) and French oil major, Total, on the exports of Nigeria’s Bonny Light and Amenam...

IKEDC ISSUES RAINY SEASON ALERT, CAUTIONS RESIDENTS AGAINST ACTIVITIES UNDER POWER LINES…

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The Management of Ikeja Electric (IE) on Monday warned residents of all the areas under its network to desist from engaging in any form...

Seplat’s $700 Million Gas Project To Strengthen Nigeria Power Supply

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Seplat Petroleum Development Company Plc’s proposed $700 million Assa North Ohaji South (ANOH) gas and condensate field project, at the conclusion, is presumed to...

Enyo Retail launches Lekki Mega Station to celebrate its 2nd year anniversary

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To mark its 2nd year anniversary, Enyo Retail and Supply, a customer-focused, technology-driven, fuels retailing company has launched its Stillwater mega station at Lekki-Epe...

Worldwide spend on cloud systems to pass USD 1 trillion in 2024 – IDC

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Worldwide spend on cloud systems is expected to pass USD 1 trillion in 2024, accelerated by cloud adoption amid the coronavirus pandemic, according to...
NMDPRA: Nigeria's Gas Reserves Have Reached 209.5 TC

Could Nigeria’s Oil-Driven Export growth be under siege?

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The recent 2018 Foreign Trade in Goods Statistics report, released by the National Bureau of Statistics, showed that Nigeria’s total trade grew 39.3% to...

NNPC Explains The Increment In Price Of Kerosene

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The Nigerian National Petroleum Corporation (NNPC) has assigned the increment in the value of household kerosene in the country to the strength of demand...
Seplat declares a Q3 dividend of $0.05

Seplat Petroleum Company Reported N37 Billion Mid-Year PAT

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Seplat Petroleum Development Company Plc, a foremost Nigerian indigenous oil and gas company registered on both the Nigerian Stock Exchange (NSE) and London Stock...
Ibom Power Is Planning A 500MW Power Plant

Ibom Power Is Planning A 500MW Power Plant

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Ibom Power Company Limited plans to expand on its current investment by building a 500MW power plant in addition to its current 190MW.   Speaking to...
NERC To Consider Changes In Inflation, Exchange Rate & Gas Prices As It Reviews Tariff-Brand Spur Nigeria

NERC Issues Meter Installation Permits to Eko, Kaduna DisCo’s MAPs

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The Nigerian Electricity Regulatory Commission (NERC) has assigned permits to Kaduna Electricity Distribution Company(KDEDC) and Eko Electricity Distribution Company(EKEDC) Meter Asset Providers (MAPs), in...