Energy
7 Jun
Nigeria’s premium motor spirit (PMS) subsidy has existed in two forms – the first being the payment of the difference in the actual pump price of PMS, which is arrived at after calculating the landing cost and the extant margins.
31 May
There is no doubt that a lot needs to be done in the sector, but I may not agree that the power sector has completely failed. We have made some progress but we are still far from meeting the expectations of Nigerian consumers and businesses.
31 May
The Ministry of Mines and Steel Development has said Mineral Sector Support for the Economic Diversification Project (MinDiver) is key to diversifying Nigeria’s economy.
24 May
The International Renewable Energy Agency (IRENA) said a new collaboration with Bloomberg Philanthropies would enable the global community to improve access to renewable energy, especially in developing and emerging economies.
24 May
Nigeria is expanding its onshore oil exploration as STRYDE, a seismic acquisition technology and solutions provider, announced the award of a contract worth over $1 million for the supply of 10,000 seismic receiver nodes.
24 May
Ikeja Electric Plc has upgraded its Singleview 2.0 web application to provide a seamless customer experience with an enhanced customer self-service package and consolidated account management features.
24 May
The Centre for Transparency Advocacy (CTA) has asked the incoming administration to revive Nigeria’s dead refineries despite the coming of the Dangote plant.
24 May
WiSolar, a green digital energy provider based in South Africa, is seeking to provide simplified solar solutions that can power over one million houses in Nigeria.
17 May
The International Renewable Energy Agency (IRENA) is pushing for low-cost capital to accelerate renewable energies.
17 May
Former President of the Chartered Institute of Bankers of Nigeria (CIBN) and professor of economics at Babcock University, Segun Ajibola, said until the government legalises compulsory metering, bridging the metering gap in the country might remain a challenge.
17 May
It has been estimated that the 650,000 barrels per day (bpd) Dangote Refinery, which is ready for commissioning next week, would add about $21 billion (N9.7 trillion at the current exchange rate) yearly to the Nigerian economy.
17 May
Oil giant, Eni has pledged commitment to a just energy transition that will ensure access to efficient and sustainable energy.