Protesters claim shut down of 3 Agip oil wells over weekend

Protesters briefly shut three ENI oil wells in southern Nigeria over the weekend and could try to do so again, Reuters reports. Comrade Timiondi Fabofighe, chairman...

Brent crude rises above $65 for first time since 2015

Global benchmark Brent crude jumped above $65 a barrel for the first time in 2 1/2 years after one of the most important pipelines...

Neconde lawyer writes PENGASSAN over ultimatum

Counsel to Neconde Energy Limited, Uchechukwu Val Obi (SAN) has faulted the seven-day ultimatum given by oil workers to the Federal Government asking the...

AITEO secures court order restraining EFCC, AGF

The Federal High Court, Abuja, on Friday restrained the Federal Government from taking steps that may cripple the operations and freeze the accounts of...

NERC amends electricity transmission grid code

The Nigerian Electricity Regulatory Commission (NERC), has amended the grid code for the Nigerian Electricity Transmission System (NETS), IWIN reports. The grid code contains the...

Nigeria’s business environment doesn’t favour GE’s listing on NSE – CEO

The Chief Executive Officer of General Electric, (GE) Lazarus Angbazo, has stated that the Nigerian business environment has not favoured the listing of GE...

NERC approves 2,000MW IPP for Oyo state government

The Oyo State Commissioner for Works and Transport in the state, Wasiu Dauda ‎has said that the Nigerian Electricity Regulatory Commission (NERC) has approved 2,000mw...

PPPRA begins monitoring of petrol marketers over sharp practices

The Petroleum Products Pricing Regulatory Agency (PPPRA) has warned that any petroleum marketer that indulges in product diversion, under-dispensing or any other sharp practice...

Automotive Council takes steps to develop Nigerian electric car policy

Despite Nigeria’s inability to produce fuel-powered cars to meet the needs of its domestic market and the shortfall in the country’s electricity supply, the...

577 firms bid for NNPC insurance renewal programme

The Nigerian National Petroleum Corporation (NNPC) consolidated on its tradition of openness and on Tuesday with the public harvesting and opening of 577 bids...

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