Energy

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  FG subsidises petrol by N10.58/litre despite scarcity

  Despite the fall in global crude oil prices, its harsh impact on Nigeria’s revenue...

  • Posted November 25, 2015
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  N413bn subsidy: Marketers doubt approval by N’Assemby

  Marketers of petroleum products in the country are not sure of resuming their normal...

  • Posted November 25, 2015
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  Electricity: Local manufacturers lose out on one million meters

  The Federal Government’s intention of injecting one million new electricity meters into the country...

  • Posted November 23, 2015
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  Fuel queues persist, despite increase in supply

  The nationwide fuel scarcity has forced the Nigerian National Petroleum Corporation to dispatch about...

  • Posted November 23, 2015
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  Petrol scarcity to end in days

  If the words of some marketers of refined petroleum products, especially petrol, are anything...

  • Posted November 21, 2015
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  Petroleum tax falls by N390bn – FIRS

  The Petroleum Profits Tax collection for the year has dropped by N390bn from a...

  • Posted November 21, 2015
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  FG, states, LGs to share $150m NLNG dividend

  State governors have resolved that the sum of $150m (N29.55bn) out of the $400m...

  • Posted November 21, 2015
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  FG will reacquire failed power firms for $1 – BPE

  The Federal Government will take back the power firms privatised in 2013 from their...

  • Posted November 20, 2015
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  Power firms owe NERC N3bn

  Power firms operating in the country owe the Nigerian Electricity Regulatory Commission a total...

  • Posted November 20, 2015
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  Moody’s: Nigeria’s oil output may fall by 2017

  Nigeria’s oil output could drop by as much as 15 per cent in 2017...

  • Posted November 20, 2015
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