Energy

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  Forte Oil records N3billion profit after tax in nine months

  Integrated energy company, Forte Oil Plc, has reported a profit after tax (PAT) of...

  • Posted October 15, 2016
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  Nigeria’s oil output falls below market estimate

  The crude oil production figure provided by Nigeria to the Organisation of Petroleum Exporting...

  • Posted October 14, 2016
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  Nigeria loses N3.4tn as crude production drops

  Crude oil production in Nigeria, including condensates and natural gas liquids, fell by 23.94...

  • Posted October 10, 2016
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  NERC okays mini-grids for power firms

  Power distribution firms will soon begin the development of mini-grids to augment electricity supply...

  • Posted October 10, 2016
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  NNPC to produce diesel from crops

  The Nigerian National Petroleum Corporation on Wednesday announced that it had commenced the integration...

  • Posted October 7, 2016
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  Oil sector exposure constitutes 40% of Banks’ loans – Alade

  The Central Bank of Nigeria (CBN) Deputy Governor (Economic Policy), Dr. Sarah Alade has...

  • Posted October 6, 2016
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  Nigeria’s projected increase in oil output to offset OPEC’s proposed cuts

  Nigeria’s projected increase in oil production will potentially offset the production cuts proposed by...

  • Posted October 5, 2016
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  Petrol price stable as kerosene scarcity hits marketers

  Despite the alarm of looming scarcity of petrol raised by some major and independent...

  • Posted October 5, 2016
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  General Electric to invest N46bn in Nigeria

  A United States’ industrial firm, General Electric, on Monday announced its plans to invest...

  • Posted October 5, 2016
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  Fuel import: FG saves N173bn in five months

  The Federal Government says it has been saving a total of $4m (N1.22bn) daily...

  • Posted October 4, 2016
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