Energy

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  Nigeria will lose Africa’s top oil producer status – IEA

  Nigeria will be overtaken as Africa’s largest crude oil producer by Angola from around...

  • Posted October 15, 2014
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  NNPC loses millions of dollars on crude oil exploration in Chad Basin

  The Nigerian National Petroleum Corporation (NNPC) has lost millions of dollars in its fruitless...

  • Posted October 15, 2014
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  FG opens up power market for competition

  After series of postponements, all is now set for the Federal Government to declare...

  • Posted October 15, 2014
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  FG to raise N73bn through bonds

  The Federal Government has issued for subscription three set of re-opening bonds in a...

  • Posted October 15, 2014
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  British Court blocks Shell agreement on Rivers community

  A High Court in London has blocked an agreement between the oil giant, Shell...

  • Posted October 14, 2014
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  Oando, others invest in N29.5bn office space

  Oando Nigeria Plc and other development managers have invested N29.5bn ($180m) in a luxury...

  • Posted October 14, 2014
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  NIQS, NERC urges investment in alternative energy

  Private sector investors have been encouraged to focus more attention on other energy sources,...

  • Posted October 14, 2014
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  Ghana, Togo, Benin increase demand for Nigerian gas

  The demand for Nigerian gas is fast rising in Africa following a fresh appetite...

  • Posted October 13, 2014
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  Japan, South Korea emerge top buyers of Nigerian LNG

  Japan, the world’s biggest liquefied natural gas importer, bought the largest share of Nigeria’s...

  • Posted October 12, 2014
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  Aiteo Group reiterates majority ownership of shares in Shell’s lucrative OML 29

  The hot news in African’s largest economy, oil industry, is the sharp disagreement between...

  • Posted October 11, 2014
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