Energy

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  FG targets N3.5tn from non-oil sector

  The decline in the price of crude oil in the international market may have...

  • Posted December 15, 2014
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  NNPC denies keeping two account books

  The Nigerian National Petroleum Corporation has raised objection to the allegation of fraud against...

  • Posted December 14, 2014
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  Nigerian banks raise $2.5bn to fund acquisition of Shell oil blocks

  The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo,...

  • Posted December 13, 2014
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  Conoil targets Abuja market with modern station

  Oil marketing firm, Conoil Plc, has rebuilt and reopened its vintage station in Abuja...

  • Posted December 12, 2014
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  Oil falls below new 2015 benchmark to $63

  The Federal Government may have to adjust the oil price benchmark for 2015 budget...

  • Posted December 12, 2014
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  NNPC blames fuel queues in Lagos on road construction, gridlock

  The Nigerian National Petroleum Corporation (NNPC) and its downstream subsidiary, the Pipelines and Products...

  • Posted December 11, 2014
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  Petrol shortage hits Lagos as supply drops

  Petrol supply in Lagos worsened on Tuesday as long queues of vehicles resurfaced in...

  • Posted December 11, 2014
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  Electricity consumers oppose high estimated bills

  Electricity consumers across the country have insisted that they would no longer pay the...

  • Posted December 10, 2014
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  PENGASSAN to embark on a three-day warning strike over non-passage of PIB

  The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has concluded plans...

  • Posted December 9, 2014
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  FG, China to fund $5bn Mambilla power plant

  The Federal Government and China Exim bank are to finance the $5bn Mambilla 3,050...

  • Posted December 9, 2014
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