Electricity Tariffs may increase to Reflect Production Cost
The federal government has said that for electricity tariffs to reflect the actual cost of production, some Nigerians might need to pay over 65 per...
Author : Braimah-Shaka
P’Harcourt, Warri refineries fully Operational — PETROAN
The Petroleum Products Retail Outlet Owners Association of Nigeria says its members are now loading petroleum products from the Port Harcourt and Warri refineries. This...
Lagos state govt to introduced new metering system to end estimated billing.
Lagos state government, has announced plans to introduce new meters to eliminate estimated Governor Babajide Sanwo-Olu, made the announcement at the Lagos Commodities and Futures...
NMDPRA grants Gas Distribution License to Axxela Limited
A leading gas and power portfolio company in sub-Saharan Africa, Axxela Limited, has received gas distribution licences for its subsidiary companies, Gaslink Nigeria Limited, and...
Nigeria’s electricity sector lucrative for investment -Wale Edun
Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has declared the country’s electricity sector open for investment at the ongoing #Mission300...
Oando to boost public transportation in Lagos with 5,000 electric buses – Wale Tinubu
The Group Chief Executive Officer of OandO Plc, Wale Tinubu has disclosed that the oil firm is partnering with the Lagos State Government to deploy...
$6.7bn invested in Nigeria’s energy sector in 2024- FG
Olu Verheijen, special adviser to the president on energy, says a total of $6.7 billion was invested in Nigeria’s energy sector in 2024. According to...
50% telecom tariff hike — Edun justifies govt’s action.
Wale Edun, Nigeria’s Minister of Finance, has stated that the recently approved 50 percent tariff increase in the cost of telecommunications services is only a...
Over N9bn spent on generators in Lagos markets annually
More than N9 billion is being spent by shop owners to fuel 13,000 generators, in Lagos markets, with Lekki, Ikoyi and other highbrow areas of...
NNPC increases petrol price to N960 per litre in Lagos
The Nigerian National Petroleum Company (NNPC) Limited has increased the price of premium motor spirit (PMS), also known as petrol, across its retail outlets in...