Chairman, Tricontinental Group and former President, Nigerian American Chamber of Commerce (NACC), Olabintan Famutimi believe that the divestment by International Oil Companies from Nigeria
Petroleum refiners, marketers, distributors and other stakeholders in the downstream segment of Africa’s oil and gas industry will in the coming weeks, converge to seek leeway
There are indications that the Federal Government will this month move to the second phase of the mass metering programme after failing to achieve projected objectives in the first phase.
The Federal Executive Council (FEC) may, in the coming weeks, approve a plan aimed at the production, recycling and exportation of lead batteries in the country.
Stakeholders in Nigeria’s petroleum industry have called on the Federal Government to fix the supply chain challenges in the downstream sector to allow the segment to operate efficiently.
The Nigeria Consumer Protection Network (NCPN) has insisted that the growing rate of multiple taxation in the nation's electricity industry is worrisome.
Shell has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB).
The Federal Government will revive a 40MW Dadinkowa Power project in Gombe State, Minister of Power, Abubakar Aliyu has said.
With the inadequacy of the national grid to meet the growing electricity needs of Nigerians, some operators have advocated the decentralization of the grid to allow sub-national entities to generate and distribute electricity.
The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank (AfDB) has approved a one-million-dollar grant for the modernisation of Africa’s aging hydropower fleet.
The Nigerian National Petroleum Corporation (NNPC) recently pulled back from the brink of serial deficit turnover that has lasted four decades.
The Federal Government has supported the supply of electricity in the country with about N1.3 trillion as the Distribution Companies remitted N26.8 billion in June this year.