Energy

Abuja DisCo threatens to disconnect Aso Rock, CBN, EFCC over debt

The Abuja Electricity Distribution Company (AEDC) has threatened to disconnect no fewer than 86 Ministries, Agencies and Departments of the…

8 months ago

Scarcity looms as petrol tanker owners withdraw services

Nigerians may be facing another fuel scarcity across the country as tanker owners have declared their readiness to halt the…

9 months ago

Geregu Power market capitalisation hits N2trn

The stock of Geregu Power Plc increased N2.05 trillion in market capitalisation on Thursday, February 15, 2024, as investors continue…

9 months ago

Like CBN, FAAN, Petroleum commission to relocate key depts to Lagos

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to relocate some of its units to Lagos. This is contained…

9 months ago

Navy uncovers 15 illegal refineries in Rivers

The Nigerian Navy has discovered 15 illegal refining sites with the capacity to process 2.7 million litres of crude oil…

9 months ago

Bills: NERC sanctions 11 DisCos for non-compliance

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned no fewer than 11 Electricity Distribution Companies (DisCos) for non-compliance with the…

9 months ago

Tinubu signs amended Electricity Act Bill into law

President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law. This was made known via a statement…

9 months ago

Petrol: NNPC rules out price increase, warns against panic buying

The Nigerian National Petroleum Company (NNPC) Ltd. Has ruled any planned increment in the price of Premium Motor Spirit (PMS),…

9 months ago

Oil revenues: NNPC, CBN review seamless banking operation

Following the presidential directive, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele…

9 months ago

Stolen crude: Tantita arrests vessel laden with 80,000 litres in Bayelsa

The officers of Tantita Security Services Limited, the private company in the forefront in the fight against oil theft, have…

9 months ago

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