MAN Projects 3.2% Growth, Electricity Act Execution in 2024

The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…

NUPRC to Implement PIA, Increase Crude Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it will prioritise the implementation of the…

Tinubu Promises to Improve Electricity Supply, Tax Laws in 2024

President Bola Tinubu, in his New Year’s speech, said Nigeria will simplify its tax laws and…

NNPC, IPMAN Clash Over Fuel Subsidy Removal, Project N1,200/litre

The Nigerian National Petroleum Company Limited and fuel marketers, under the aegis of the Independent Petroleum…

Dangote Refinery Receives Additional 1m Barrels of Crude Oil

Dangote Refinery received an additional one million barrels of crude oil yesterday. This new addition comes…

BUA Group to Set Up 700-ton LNG Project in Nigeria

BUA Group, a food, mining, manufacturing, and industrial conglomerate in Africa, has signed an agreement with…

TotalEnergies Plans to Invest $6bn in Nigeria’s Oil and Gas

TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…

FG Spends N375.8bn on Electricity Subsidy in Q1 to Q3 2023

The Federal Government spent N375.8 billion on electricity subsidies in the first, second and third quarters…

World Bank Funds Clean Energy in Nigeria

The World Bank allocates $750 million for clean energy projects in Nigeria. This move addresses the…

Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders

Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…