DisCos reject 1,400mw over under-capacity
Electricity distribution companies, otherwise known as DisCos, were unable to take the full power generation in recent period, underlining a major challenge in the electricity supply...
Author : Braimah-Shaka
Layers of deceit’ – Atiku slams NNPCL over $6 billion debt admission
Former Vice President, Atiku Abubakar has criticised the Nigerian National Petroleum Company Limited (NNPCL) for its lack of transparency following the company’s admission of a...
Hiking energy tax will hit growth, oil industry says
Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the industry has warned....
NNPC to hand over Warri and Kaduna refineries to private operators
The Nigerian National Petroleum Company Limited has stated plans to engage reputable operations and maintenance companies for the Warri Refining and Petrochemical Company and the...
PH refinery sucks $1.5bn without producing oil
So much of Nigeria’s resources have been wasted under elaborate maintenance that leaves the refineries poorer than they were and their managers richer than they...
FG owing us seven months’ salary arrears, say health workers
The Medical and Health Workers Union of Nigeria (MHWUN) has called on the federal government to pay the seven months’ salary arrears of its members....
Rema donates N105m to home church for supporting family after dad’s death
Afrobeats sensation, Divine Ikubor, also known as Rema, donated N105m to a Christ Embassy church in Benin, Edo State, on Sunday. The donation was made...
CBN sacks NIRSAL executive directors
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL)....
Oil sector opposes policy amendments on imports and exports
The oil sector has voiced strong objections to the suggested changes in the policy governing the import and export of oil refined products under foreign...
Consumers lament as electricity meter prices rise
The cost of a single-phase electricity meter has risen to over N130,000 from N88,000 in the first quarter of this year. This is the second...