One of the greatest challenges confronting Nigeria is its energy sector. Energy issues are impacting seriously on the overall performance of the country’s social and economic...
Oil dropped below $65 a barrel on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string...
The Nigerian National Petroleum Corporation (NNPC) said it recorded a trade surplus of N6.33 billon for the month of May, 13 per cent higher than the...
The Conference of Minority Tribes in Nigeria has commended President Muhammadu Buhari for the appointment of Mr. Mele Kyari as the Group Managing Director of the...
Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year,...
Oil prices rose more than one per cent on Wednesday to their highest in nearly a month as industry data showed U.S. crude stockpiles fell more than...
The Kano Electricity Distribution Company (KEDCO) is to engage five vendors on metering service delivery as a measure to close the metering gap. The company said...
Some shareholders of Forte Oil (FO) Plc on Tuesday tasked the new management of the company on continuous payment of dividend and adherence to good corporate...
Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions...
The Enugu Electricity Distribution Company (EEDC) on Thursday, urged the people to ‘‘stay away from power-lines whenever it is raining’’ to avoid electrocution. The company also pleaded...
Oil prices climbed about three per cent on Thursday amid escalating tensions in Middle East as U.S. alleged that its military drone was shot down by...
Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and potential economic stimulus from the European...
