ABUJA – The Management of the Nigerian National Petroleum Corporation, NNPC, on Thursday announced that production of premium motor spirits at its three refineries in Kaduna,...
LAGOS – Nigerian stocks rose to their highest level in more than three weeks on Thursday, lifted by a 10 percent gain in biggest listed firm...
LAGOS – International oil companies, IOCs, and other operators in the Nigerian maritime industry and the oil and gas sector have kicked against the implementation of...
LAGOS – Lagos State coordinator of the National Directorate of Employment, Mr. Joseph Mordi, says over 3,000 youths are currently employed and benefiting under the Subsidy...
NEW YORK – Shell’s chief executive Peter Voser has announced he will retire next year as the Anglo-Dutch supermajor posted a rise in first quarter earnings....
ABUJA – The Federal Government has said it is no longer possible for it to attain 10,000 megawatts electricity generating capacity this year. The government had...
PORT HARCOURT – The Power Holding Company of Nigeria, PHCN, in Port Harcourt, Rivers State, Thursday, decried the high rate of meter by-passing by consumers in...
ABUJA – The Federal Government plans to build more dams to boost electricity supply, a statement by the government said in Abuja on Thursday. The statement,...
LAGOS – United Kingdom-listed Heritage Oil has said it plans to “expand” its portfolio in Nigeria after last year’s acquisition of stake in a string of...
DAR ES SALAAM– UK’s BG Group says the Mzia-2 well on Block 1, off the coast of Tanzania, flowed oil as it completed a successful drill...