Energy

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  Nigeria earns $40bn from oil exports in six months

  Nigeria has been estimated to have realised about $40 billion from crude oil exports...

  • Posted September 24, 2014
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  Nigeria fails to attract $100bn oil investments

  In spite of a decline in oil reserves and increasing competition for investments from...

  • Posted September 24, 2014
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  Total cuts production targets for Nigeria, others

  Oil major, Total, has cut its 2017 output goal to 2.8 million barrels of...

  • Posted September 24, 2014
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  Petroleum products pricing riddled with corruption – Group

  The country’s current petroleum products pricing model, which is based on import parity and...

  • Posted September 24, 2014
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  Forte Oil, Aiteo Group, others scramble to acquire Oando’s downstream assets

  Forte Oil Plc, one of the nation’s petroleum products marketing company and Chief Benny...

  • Posted September 22, 2014
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  Finance Ministry pays oil marketers N24.7billion

  The Ministry of Finance has  released list of oil marketers whose subsidy claims had...

  • Posted September 21, 2014
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  Nigerian banks to inject $160m into Ibadan Disco

  A consortium of Nigerian financial institutions is set to inject $160 million into the...

  • Posted September 21, 2014
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  Private depots deplete fuel stock as strike continues

  A fresh round of fuel scarcity is looming in the country as private depots...

  • Posted September 20, 2014
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  No gas supply to five power stations – Nebo

  The ongoing strike by members of the Nigerian Union of Petroleum and Natural Gas...

  • Posted September 20, 2014
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  EU earmarks €600m for Nigeria’s power sector, food security

  The European Union (EU) said yesterday it had concluded plans to spend about €600...

  • Posted September 19, 2014
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