President Bola Tinubu has announced appointment of an ex-President's nephew. That would be the third former president, Tinubu, who will be appointing his family.
NNPC has lowered petrol prices nationwide, with Dangote Refinery claiming that the reductions is a result from its own gantry adjustments not tariff suspension.
The Nigerian government has stated that it has lost its most valuable cruder buyers in the international markets as it now ranks 4th highest producer in Africa.
Olubukola Adubi, the Chief Operating Officer of MicCom cables has made passionate appeal for quality cable-testing during her visit to British Approvals lab.
A leading energy firm, Schneider Electric said it has discovered gap in perception and reality in the energy sector following a report commissioned by the firm
African countries are currently battling the high cost of energy caused mainly by the ongoing Russia-Ukraine war. However, Nigeria will see hike next year.
Zenon Oil owned by Femi Otedola has secure big win against Ardova over the sale of Forte Oil in a London Court which asked Ardova to pay Zenon $19.2 million.
Most countries in Africa are battling high energy costs which has driven the cost of living above many households, coupled with inflation and high rates hikes.
OPEC praised Nigeria in the report, noting a 134,000 barrels per barrel (bpd) increase in production compared to 1.024 million direct communication in May.
The Nigeria National Petroleum Company Limited is asking for time of 90 days from fuel importers as it delays paying them for importing fuel into the country.
The Nigeria Security and Civil Defence Corps in Rivers State said it has uncovered a huge oil tank farm in the state containing thousands of stolen crude oil.
Energy
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