Petrol may sell for N170/litre as NNPC raises depot price
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the price at which it
Read more
Energy
Nigeria’s refineries lost N158bn in 2019 amid paltry N959m revenue
Nigeria’s ailing refineries reported a total loss of N157.69 billion for the 2019 financial year as they generated a paltry
Read more
NNPC’s most valuable subsidiary grows profit by 125% to N2.83tn
The National Petroleum Investment Management Services, a subsidiary of the Nigerian National Petroleum Corporation, more than doubled its profit to
Read more
COVID-19: More Nigerians, others will lack access to electricity, says IEA
The International Energy Agency said on Tuesday that the COVID-19 pandemic had reversed several years of declines in the number
Read more
‘We’re coming after you’ – Port Harcourt Disco warns energy thieves
Port Harcourt Electricity Distribution Plc, one of the power distributors in Nigeria, has said it will “name and shame” anyone
Read more
FG introduces another metering scheme as MAP disappoints
The Federal Government has said it is set to introduce another metering scheme in the Nigerian power sector, the second
Read more
Private investors’ll build more refineries in Nigeria – NNPC boss
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said the deregulation of the downstream
Read more
Oil overproduction: Nigeria, others asked to submit compensation plans
Nigeria and other countries that have not fully complied with the oil production cut deal by the Organisation of the
Read more
NNPC sets sights on greater transparency, partners EITI
The Nigerian National Petroleum Corporation has joined a group of over 65 extractives companies, state-owned enterprises, commodity traders, and others
Read more
Nigerian govt increases petrol pump price by N20.3/litre
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium
Read more