Energy

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  Oil slump: Expert expects further naira devaluation soon

  The United Bank for Africa Plc says it expects a further devaluation of the...

  • Posted July 3, 2015
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  Egbin power plant now generates 1,000MW

  Nigeria’s largest power generation plant, Egbin Power Plc, is for the first time in...

  • Posted July 3, 2015
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  OPEC crude oil production hits three-year high

  Despite the clamour by the poorer members of the Organisation of Petroleum Exporting Countries...

  • Posted July 2, 2015
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  Oando sells downstream business for $276m

  A consortium of investors on Tuesday announced the acquisition of 60 per cent of...

  • Posted July 2, 2015
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  NNPC says there’s enough petrol

  The Nigerian National Petroleum Corporation (NNPC) Tuesday said it had stepped up efforts to...

  • Posted July 2, 2015
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  Fuel queues resurface in Abuja

  Fuel queues have resurfaced in filling stations across the Federal Capital Territory as a...

  • Posted July 2, 2015
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  Electricity consumers on estimated billing to pay less

  Electricity consumers across the country who are on estimated billing are to pay lesser...

  • Posted July 2, 2015
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  EU targets improved access to power in Nigeria with €150m

  The European Union (EU) has disclosed its intention to plough about €150 million into...

  • Posted July 1, 2015
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  Stakeholders allege manipulations in PPPRA template

  Oil and gas industry stakeholders that gathered at a Roundtable organised at the weekend...

  • Posted July 1, 2015
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  Fear grips oil industry operators over probes

  There is palpable fear in the Nigeria’s oil and gas industry as strong indications...

  • Posted July 1, 2015
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