Energy

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  SEC approves Oando N30.7bn special placement

  The Securities and Exchange Commission (SEC) has approved Oando’s N30.7 billion special placement fund...

  • Posted December 24, 2013
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  FG probes banks over delay in PHCN workers’ salary

  The Federal Government has ordered immediate investigation into allegations that delays experienced in processing...

  • Posted December 24, 2013
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  Wars looms over privatization of refineries

  Crisis is brewing between the Federal Government and oil workers under the Petroleum and...

  • Posted December 23, 2013
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  TCN sacks CEO, power generation to drop by 826MW

  The board of the Transmission Company of Nigeria has fired its Chief Executive Officer,...

  • Posted December 21, 2013
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  N10bn debt: Many power firms still owe government

  About 60 per cent of the power investors that recently bought over the electricity...

  • Posted December 20, 2013
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  Budget: Senate, Reps settle for $77.5 oil benchmark

  Strong indications emerged on Tuesday that the Senate and House of Representatives had agreed...

  • Posted December 19, 2013
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  Oil workers threatens nationwide strike from January 1

  The country should prepare itself for another round of industrial action, as oil workers...

  • Posted December 18, 2013
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  PPMC adopts measures to deepen LPG market

  Pipelines and Product Marketing Company, PPMC said it has adopted strategic measures to deepen...

  • Posted December 18, 2013
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  Power investors blame staffing problems for poor performance

  The new owners of the recently privatised power plants are still complaining. This time,...

  • Posted December 17, 2013
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  ExxonMobil sees 25% rise in oil demand

  Global oil demand will increase by 25 per cent by 2040 as new supplies,...

  • Posted December 16, 2013
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