MAN Urges FG to Reconsider Electricity Tariff Increase Move
Adaobi Rhema Oguejiofor
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to reconsider the move to increase electricity tariffs, as there is a likelihood that more manufacturing companies may leave!-->!-->!-->!-->!-->…
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Financing SDG7: IRENA, UN to Discuss at High Level Political Forum
Adaobi Rhema Oguejiofor
The International Renewable Energy Agency (IRENA) has revealed that it will be co-organizing a roundtable discussion on financing Sustainable Development Goal 7 (SDG7) at the 2023 United Nations (UN)!-->!-->!-->!-->!-->…
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Nigeria’s $5bn Floating LNG Project Gets Presidential Backing
By Moses Patience Chat
President Bola Ahmed Tinubu on Wednesday supported the implementation of a $5 billion Floating Liquefied Natural Gas (FLNG) project in the country.
The President gave the support when he received a group of!-->!-->!-->!-->!-->!-->!-->…
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Small Business Owners Lament Over Great Losses from Subsidy Removal
Adaobi Rhema Oguejiofor
The President of the Association of Small Business Owners of Nigeria (ASBON), Dr. Femi Egbesola, has disclosed that in the aftermath of the reforms in the petroleum and foreign exchange sectors of the!-->!-->!-->!-->!-->…
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NNPC Misses Own Deadline for IPO Issuance
By Moses Patience Chat
The Nigerian National Petroleum Company (NNPC) Limited has failed to meet the deadline for the start of its initial public offering.
This was revealed in the country's oil company quarterly report, which!-->!-->!-->!-->!-->!-->!-->…
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NERC Reveals Reason Discos Recorded 40% Revenue Loss in 2022
Adaobi Rhema Oguejiofor
The Nigerian Electricity Regulatory Commission (NERC) has advised electricity distribution companies (Discos) to make investments in infrastructure upgrades, as well as modernize their metering systems!-->!-->!-->!-->!-->…
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Ogun State Plans Establishment of Electricity Companies
By Moses Patience Chat
The Ogun State Governor, Dapo Abiodun, has announced that the state will establish a company that will generate and distribute power for the state. This comes after the recently signed Electricity!-->!-->!-->!-->!-->…
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Gbobo Becomes New MD of Shell Nigeria Gas
By Moses Patience Chat
Shell Petroleum Development Company (SPDC), a leading energy company, has announced the appointment of Mr. Ralph Gbobo as the new Managing Director (MD) of its gas distribution company, Shell Nigeria Gas!-->!-->!-->!-->!-->…
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Nigeria Levels Up with Angola as Africa’s Biggest Crude Oil Driller
By Moses Patience Chat
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, according to data from the June 2023 Offshore Rigs Tracker, released on!-->!-->!-->!-->!-->…
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Borno Releases 80 Buses, Pick-Up Vans to Ease Petrol Hike Burden
Adaobi Rhema Oguejiofor
The Governor of Borno State, Prof. Babagana Umara Zulum, has released 80 buses and pick-up vans in order to provide free transportation to farmers from their communities to their farmlands as a way of easing!-->!-->!-->!-->!-->…
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