Category: Energy

National grid collapsed twice to 10MW, 33MW last week – FG report

The collapse of Nigeria’s electricity grid actually occurred twice – on Friday and Saturday last...

Grid collapse: Group demands audit of power sector under Buhari

Civil rights advocacy group, Human Rights Writers Association of Nigeria, on Sunday, said it is...

FAAN apologises over power outage at Lagos airport

The Federal Airports Authority of Nigeria has apologised for the power outage at the Murtala...

Diesel: Telcos lament high operational cost, seek intervention

Telecommunication providers under the aegis of the Association of Licensed Telecommunications Operators of Nigeria have...

Subsidiaries summons: NNPC has nothing to hide, Kyari tells lawmakers

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, has said...

State govts sink deeper as NNPC plans N328bn deduction in April

The amount spent by the Federal Government through the Nigerian National Petroleum Company Limited as...

Reps reject dirty fuel probe report, panel exonerates NNPC

The House of Representatives, on Wednesday, dismissed the report of its Committee on Petroleum Resources...

Reps give NNPC two-week ultimatum to defend N3tn debt

The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil...

Brent rises to $115 as EU considers Russia oil ban

Brent crude, the global oil benchmark, appreciated in price on Monday, moving up by 7.3...

Queues persist in northern states despite 1.8bn litres fuel supply

The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly in Abuja and...

Fear of corruption hampering subsidy removal in Nigeria -IMF

The International Monetary Fund says the fear of political resistance, widespread corruption and pressure from...

OPEC quota: Elumelu disagrees with Sylva over low oil sector investment

Nigeria’s billionaire businessman, economist, and philanthropist, Tony Elumelu, on Thursday argued that the reason why...