Dangote hopes for oil prices to remain low

Africa’s richest man, Aliko Dangote, said at the United Nations General Assembly in New York that he was praying for the global crude oil...

Striking workers disrupt power firms’ operations

Striking workers under the aegis of the United Labour Congress of Nigeria on Tuesday disrupted the operations of some power distribution companies, as part...

Baker Hughes, a GE company awarded APM software contract by NLNG

Baker Hughes, a GE company (NYSE: BHGE) has signed an agreement for the provision of Asset Performance Management (APM) software and services for LNG...

NNPC, NCDMB re-affirm commitment to local content as Egina project nears completion

The Nigerian National Petroleum Corporation (NNPC) will accelerate local capacity development in all its operations within the nation’s Oil and Gas industry. NNPC Group Managing...

AuGF accuses petroleum ministry of contract-splitting, procurement violation

The Office of the Auditor-General of the Federation has accused the Ministry of Petroleum Resources of contract splitting, violating the procurement process and other...

FG meets NUPENG today as fuel depots remain shut following strike

The nationwide strike called by the United Labour Congress of Nigeria commenced on Monday and led to the shutdown of fuel depots in Apapa,...

Manufacturers, hoteliers, others reject monthly electricity tariff review

Electricity consumer groups have rejected the proposed monthly or quarterly minor review of tariff by the Nigerian Electricity Regulatory Commission (NERC), saying it should...

FG’s N720bn debt threatens oil workers’ jobs – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria has alleged that oil marketers may have concluded plans to sack their workers if...

Apapa jetty fire incident will not affect supply of petroleum products – NNPC

The Nigerian National Petroleum Corporation, NNPC, has assured motorists and other consumers of petroleum products nationwide that the fire incident which occurred at Apapa...

AFC urges FG to adjust electricity tariffs

The Africa Finance Corporation (AFC) a pan-African multilateral development finance institution saddled with bridging Africa’s infrastructure investment gap through the provision of debt and...

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