Thursday, 28th March 2024
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Energy

31 Jan
As the global demand for biojet fuel takes off, Nigeria stands at a crossroads of an aviation evolution to take the lead in the expanding global demand for biojet fuel.
24 Jan
Nigeria is asking the global community to allow the continent to prioritise responsible crude oil exploration even as the upstream exploration and production activities are projected to remain challenging in 2024.
24 Jan
Electricity distribution across the North Eastern part of Nigeria, affected by insecurity may be returning to profitability and improved performance as data from the Nigerian Electricity Regulatory Commission (NERC) showed a 100 per cent remittance from the Yola Electricity Distribution Company (YEDC). Investors, who took over the assets at privatization had deserted the utility company…
24 Jan
The International Energy Agency (IEA) has projected a sustained surge in global renewable energy capacity over the next five years to 7,300 gigawatts.
24 Jan
Delta State Governor, Sheriff Oborevwori, has said the country is poised for a significant leap in domestic cooking gas supply with the signing of the Shareholders Agreement for the pioneering Floating Liquefied Natural Gas (FLNG) project.
17 Jan
Nigeria is exploring options to increase crude oil production amidst challenges facing producing companies in the country. The Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the plan to ramp up production remains on course. 
17 Jan
Africa’s geothermal sector will attract, at least, $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing energy demand. 
17 Jan
Copper prices are poised for a remarkable surge of over 75 per cent in the coming two years as mining supply disruptions and escalating demand fuelled by the global shift towards renewable energy have created market disruption.
10 Jan
Stakeholders in the oil and gas sector have emphasised the need for Nigeria to prioritise downstream and midstream infrastructure for competitiveness.
10 Jan
Executive Chairman of the African Energy Chamber, NJ Ayuk, has called for sustained gas investment in Africa amidst the energy transition programme. 
10 Jan
Skills gap in the Nigerian power sector and other African countries as well as rising changes in the global energy landscape may force Nigeria to take strategic steps in dealing with the situation, Executive Director, Corporate Services and head of Mainstream Energy Academi, Umar Usman, has said. 
10 Jan
Nigeria is in a strategic move with leaders of the oil-producing region to douse security tension and ensure the safety of oil and gas infrastructure, especially pipeline assets.

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The National Film and Video Censors Board (NFVCB) and the Economic and Financial Crimes Commission (EFCC), says they are collaborating on checkmating the glamourization of crimes in Nigerian films and other video works.
6 mins ago
The High Court in Abuja has dismissed the charges of fraud, bribery, and conspiracy filed against a former Attorney-General of the Federation, Mohammed Adoke, by the Economic and Financial Crimes Commission (EFCC). In his ruling, Justice Abubakar Kutigi said the EFCC failed to prove its charges of fraud, bribery, and money laundering. He eventually ruled…
32 mins ago
Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
41 mins ago
The bodies of two construction workers were found in the cold waters of Baltimore harbor Wednesday, trapped in their red pick-up truck after a giant cargo ship slammed into the bridge they had been filling potholes on, causing a thunderous collapse.
1 hour ago
Nobel Prize winner Daniel Kahneman, who pioneered theories in behavioural economics that heavily influenced the discipline, has died at age 90, his employer confirmed Wednesday.
1 hour ago
The National Bureau of Statistics (NBS) says the All-commodity group import index on average increased by 0.79 per cent in Q4 2023.
1 hour ago
The Federal Competition and Consumer Protection Commission (FCCPC) said it discovered a deceptive claim about the weight of a bag of rice at the Garki Modern Market in Abuja. Ag. Executive Vice Chairman/Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi, disclosed this in a statement on Friday after the Commission conducted a targeted enforcement operation…
1 hour ago
Nigerian singer, Yemi Alade, has debunked a claim credited to her that she was not getting awards because she refused to give in to sexual demands from organisers. “So yall gonna start creating false stories every time you get bored; SMH, stupidity at its peak, very unintelligent write-up," Yemi Alade said in an Instagram reel…
1 hour ago
The Bidens' dogs grabbed headlines with their bad behavior, but "First Feline" Willow is getting a book all to herself.
2 hours ago
American Musician, Taylor Swift, has joined the club of world billionaires, according to Hurun’s world richest people's list. The report revealed that “At 34, Taylor Swift joins the billionaire club with US$1.2 billion, not from typical celebrity side hustles, but uniquely through her music. "Over half her fortune stems from royalties and touring, including US$190…