Energy

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  Crude Oil in Biggest Quarterly Drop in Years

  Crude oil prices declined suddenly at the weekend on renewed global economic worries, pushing...

  • Posted October 4, 2011
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  Nigerian Breweries acquires Life Breweries from Heineken N.V.

  Nigerian Breweries Plc Monday said that it has acquired majority equity interests in Sona...

  • Posted October 4, 2011
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  PHCN staff gets 50% salary increase

  THE Minister of Power, Professor Barth Nnaji, has directed the management of each of...

  • Posted September 29, 2011
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  PHCN: Generate Revenue for 50pc Salary Increase – Nnaji

  Chief Executive Officers of the power generation and distribution companies, are to generate revenue to pay...

  • Posted September 28, 2011
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  The scale of crude oil theft in Nigeria is ‘unprecedented’ – Shell

  The amount of crude oil stolen from Royal Dutch Shell’s pipelines in the oil-rich...

  • Posted September 27, 2011
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• Lafarge Cement N50 billion bond issuance to save Shareholders N10 billion in three years

  Project refinancing initiatives embarked upon by Lafarge Cement WAPCO Plc are expected to save...

  • Posted September 26, 2011
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  Shell has no plan to invest in oil refining in Nigeria – Mike Mullier

  The Anglo-Dutch oil giant, Shell, said it has no plan to invest in oil...

  • Posted September 22, 2011
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  AFRECO plans N7 billion manganese plant in Nigeria

  Japanese conglomerate, African Economy and Development (AFRECO), plans to establish a N7 billion manganese...

  • Posted September 21, 2011
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  FG to sell 70 pct stake in power distribution companies

  Nigeria Federal Goverment  plans to sell a 70 percent stake in eleven power distribution...

  • Posted September 20, 2011
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  Nigeria Oil Output down on Opec Constraints

  Nigeria is producing 1.8 million barrels of oil per day, down from a capacity...

  • Posted September 20, 2011
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