Shell plans to cut more costs, boost gas sales

Shell plans to cut more costs, boost gas sales   British energy giant Shell on Tuesday announced plans to slash costs by billions of dollars and...

Shell raises shareholder distributions and LNG sales target, trims spending

Shell raises shareholder distributions and LNG sales target, trims spending   Shell on Tuesday pledged to return more cash to shareholders, mainly via buybacks, trimmed its...

Seplat Energy to redeem $3.2m notes

Seplat Energy to redeem $3.2m notes CHIGOZIE AMADI Seplat Energy Plc has announced plans to redeem its outstanding notes worth $3.2m on April 1, 2025, in...

Dangote Polypropylene Production to Revive Textile Industry, Save Nigeria $267m – MAN

Dangote Polypropylene Production to Revive Textile Industry, Save Nigeria $267m – MAN CHIGOZIE AMADI The Manufacturers Association of Nigeria (MAN) has stated that the production of...

Power generators fear collapse over N4.7tn debt

Power generators fear collapse over N4.7tn debt CHIGOZIE AMADI The Federal Government said it is taking necessary steps to offset the N4.7tn debt owed to power...

Benin, Togo owe Nigeria $8.8m electricity debt — FG

Benin, Togo owe Nigeria $8.8m electricity debt — FG   Benin Republic and Togo owe Nigeria $8.84m for the electricity consumed in the fourth quarter of...

Fake pipeline explosion videos circulating, Fubara tells police

Fake pipeline explosion videos circulating, Fubara tells police CHIGOZIE  AMADI Suspended Rivers State Governor, Siminalayi Fubara, has raised the alarm over fake reports of pipeline explosions...

Dangote refinery, others may import $1.4bn crude monthly

Dangote refinery, others may import $1.4bn crude monthly CHIGOZIE AMADI The Dangote Petroleum Refinery and some modular refineries in Nigeria may spend about $8.56bn to import...

Analysis: CNG adoption grows amid oil sector challenges

Analysis: CNG adoption grows amid oil sector challenges   CHIGOZIE AMADI Nigeria is actively embracing Compressed Natural Gas (CNG) as a sustainable energy alternative, aligning with global...

Petrol crisis eases in Niger after Nigeria’s bailout

Petrol crisis eases in Niger after Nigeria’s bailout   The pump prices of Premium Motor Spirit (petrol) in neighbouring Niger Republic have started reducing following the...
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