Energy

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  FG inaction threatens $37bn natural gas projects

  The Federal Government, either overtly or covertly, is believed to be threatening the take-off...

  • Posted January 31, 2014
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  Oando to raise N50bn through rights issue

  Oando on Wednesday announced plans to raise N50 billion from the capital market through...

  • Posted January 30, 2014
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  UBA commits $700m to power sector

  The United Bank for Africa Plc has extended $700m (N113bn) in funding to different...

  • Posted January 30, 2014
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  Power: Nigeria loses 2,994MW to gas shortage, faults

  Shortage of gas, faults and maintenance works on plants have combined to reduce power...

  • Posted January 29, 2014
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  N220bn debt, import allocation delay threaten fuel supply

  Nigeria may be heading for another round of fuel scarcity as a result of...

  • Posted January 29, 2014
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  FG appoints Mohammed Wasaram as new MD for NREA

  The Federal Government has appointed Mr. Mohammed Abubakar Wasaram, as the new Managing Director...

  • Posted January 28, 2014
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  BPE to settle outstanding PHCN workers’ terminal benefits

  The Bureau of public Enterprises will on Wednesday begin a nationwide tour of the...

  • Posted January 28, 2014
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  TCN says Shiroro power plant repairs to cause load shedding

  The Transmission Company of Nigeria (TCN) on Sunday in Abuja said the Shiroro Power...

  • Posted January 27, 2014
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  Nationwide power supply dips by 300MW

  Nigeria’s    electricity supply capacity is to drop by about 300 megawatts (MW), the Transmission...

  • Posted January 27, 2014
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  FG loses N74.6bn to pipeline vandalism

  Nigeria lost N74.76bn as a result of gas pipeline vandalism last week Saturday, an...

  • Posted January 27, 2014
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