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Nigeria in danger as subsidy drains FX income

Petrol subsidy and other major expenses being incurred by the Federal Government…

How oil receipts declined from $3bn to zero

The official foreign exchange receipt from crude oil and gas sales into…

8 Min Read

Oil sector shrinks 23% as oil production dips in Q3

The decline in oil production in July, August and September exposed the…

2 Min Read

Why diesel remains high despite oil price decline

In Africa’s biggest economy, the market price of diesel has refused to…

COP27: GE, IRENA sign agreement to support global climate change agenda

GE Power has signed a framework agreement with the International Renewable Energy…

4 Min Read

Obasanjo, Emefiele, others nominated for Nigeria power sector awards

Nominees have been announced for the Nigeria Power Sector Awards, an event…

3 Min Read

Oil in northern Nigeria to produce 50,000 bpd, attracts $3bn investment

President Muhammadu Buhari on Tuesday flagged off the oil exploration of the…

7 Min Read

Enugu: More stakeholders, community leaders back Peter Mbah

Ahead of the 2023 general elections, stakeholders and community leaders have expressed…

3 Min Read
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