Energy

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  NNPC, biggest domestic gas producer – GMD

  The Group Managing Director, Nigeria National Petroleum Corporation, Mr. Andrew Yakubu, has said that...

  • Posted May 9, 2014
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  World Bank approves $1.19bn guarantee for power sector

  The World Bank Group has approved partial risk guarantees to help power sector operators...

  • Posted May 9, 2014
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  No regrets in power sector privatisation – FG

  Despite the prevailing erratic supply of electricity in most parts of Nigeria six months...

  • Posted May 9, 2014
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  NUEE, NLC to shut down Eko Electricity Distribution Company

  The Lagos State council of the National Union of Electricity Employees (NUEE) and the...

  • Posted May 9, 2014
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  Shell opens bids for $12bn (N1.9tn) storage facility

  The Shell Petroleum Development Company has opened bids for the construction of its $12...

  • Posted May 8, 2014
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  FG promises to generate 7,000MW of power before end of the year

  In order to improve electricity supply in the country, the federal government has promised...

  • Posted May 8, 2014
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  Kenya allocates seven oil blocks to Nigerian companies

  Nigerian businessmen have been awarded seven oil blocks for exploration from the 46 newly...

  • Posted May 8, 2014
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  Standard Chartered explains role in Azura power project

  Standard Chartered Bank Nigeria has said that the success recorded in the privatisation of...

  • Posted May 8, 2014
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  FG, Azura sign $1bn deal for IPP in Edo state

  The Federal Government and Azura Power Holdings Limited Monday signed a $1 billion-financing deal...

  • Posted May 7, 2014
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  $1bn 450MW plant’s construction begins in June

  The construction of the 450 Megawatts Azura-Edo Independent Power Plant will commence on June...

  • Posted May 6, 2014
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