Energy

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  National Assembly pledges to pass oil bill before June

  The two chambers of the National Assembly on Monday dispelled fears that the 7th...

  • Posted January 7, 2015
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  Oil slides to five-and-a-half-year low at $53

  The prices of crude oil in the international market declined further on Monday raising...

  • Posted January 7, 2015
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  Power generation falls by 743MW in one week

  Peak power generation fell by 742.9 megawatts in the last one week to 3,646.8MW...

  • Posted January 7, 2015
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  Stop losing 400,000 barrels of oil per day – Fashola tells FG

  Lagos State Governor, Mr. Babatunde Fashola, at the weekend, asked the federal government to...

  • Posted January 6, 2015
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  Oil slump cuts subsidy to 90 kobo per litre

  With the price of the global benchmark Brent crude closing at $57.94 per barrel...

  • Posted January 6, 2015
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  NERC seeks consumers’ scrutiny of new electricity tariff

  As the newly-approved tariff for electricity consumption in Nigeria begins from January 1, 2015,...

  • Posted January 5, 2015
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  Universal Service Provision Fund deploys 79 base stations in communities

  The Universal Service Provision Fund (USPF) on Saturday said it had deployed 79 Base...

  • Posted January 5, 2015
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  Nigeria’s import of US kerosene hits record high

  Nigeria’s monthly import of kerosene from the United States hit the highest in October...

  • Posted January 3, 2015
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  Oil slump: FG may borrow from World Bank, others

  The Federal Government, in a bid to cushion the impact of oil price drop...

  • Posted January 3, 2015
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  Nigeria loses N170bn to gas flaring

  Nigeria lost about $1bn (N170bn) as oil companies operating in the country flared a...

  • Posted January 3, 2015
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