NCDMB, NNPC, others sign agreements for methanol, gas projects
The Nigerian Content Development and Monitoring Board, the Nigerian National Petroleum Corporation, Brass Fertilizer and Petrochemical Company Limited and DSV
Read more
Energy
Total Nigeria’s profit falls to N2.06bn, revenue down 30%
Total Nigeria Plc has said its profit for the 2020 financial year dropped by 9.65 percent to N2.06 billion, compared
Read more
NNPC’s fuel sales revenue hit N289bn in December
The Nigerian National Petroleum Corporation has said it generated N288.77 billion in revenue from the sale of petroleum products in
Read more
Afreximbank to raise $1bn for Port Harcourt refinery rehabilitation – NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said the African Export-Import Bank has
Read more
GTBank increases solar-powered branches to 48, diesel consumption drops
Guaranty Trust Bank Plc says the total number of its branches/business offices powered by solar energy increased by six last
Read more
Oil plunges to $62 on rising dollar, vaccination hurdles
Brent crude, the global oil benchmark, extended its decline on Thursday to its lowest level in two weeks on growing
Read more
Shell, Eni get victory in Nigerian oil corruption case
A Milan court, on Wednesday, acquitted Eni, an Italian energy major, and Shell along with a series of past and
Read more
Nigeria’s power generation slumps to 3,212MW, blackout worsens
Electricity supply in Nigeria, Africa’s biggest economy, worsened on Saturday as generation fell by 1,439.1 megawatts. Total generation in the
Read more
Nigeria records biggest oil production increase in OPEC
Nigeria, Africa’s top oil producer, recorded the biggest increase in crude oil production last month in the Organisation of the
Read more
Consultations on petrol price still ongoing, says PPPRA
The Petroleum Products Pricing Regulatory Agency has said the guiding prices of Premium Motor Spirit (petrol) it released do not
Read more