Egbin Power commemorates Tree Planting Day to deepen environmental sustainability
Egbin Power Plc has re-emphasized the derivable benefits of trees to environmental sustainability and biodiversity, as the GenCo today joined Lagos State Government to...
Axxela receives positive credit rating
Axxela Limited, sub-Saharan Africa’s power company has been assigned national scale issuer ratings of BBB+ (NG) and A2 (NG) in the long term and...
TCN petition prevented us from recovering $69.38m debt- NBET
TCN petition prevented us from recovering $69.38m debt- NBET
Chigozie Amadi
The Nigeria Bulk Electricity Trading Company has alleged that a petition by the Transmission Company...
NURPC highlights implications of global change from fossil fuels
OBIORA METU
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) says the goal of the global change to move completely away from fossil fuels has its...
CDMB receives N450m interim dividend from Waltersmith modular refinery
.Firm declares N4.5bn dividend for 2023
Chigozie Amadi
The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend...
Reps Summon DG NBET Over Refusal To appear for Budget Defense
The Nigeria House of Representatives has summoned the Director General of the The Nigerian Bulk Electricity Trading Company (NBET), Dr Nnaemeka Eweluka, for refusal...
Mining: Ministry plans to provide sustainable power to drive mining activities at the sites...
The Minister of State, Mines and Steel Development, Dr. Uchechukwu Sampson Ogah has revealed that the Ministry is looking at creating a project, "Mines...
Gas critical to the development of Nigerian economy – Stakeholders
As the disruption in the global economy due to the Pandemic, leading to declining in oil prices due to low demand, stakeholders in the...
Abuja Disco Leverages Mini-grids to Reach Underserved Customers
The Abuja Electricity Distribution Company (AEDC) and its partners have launched a 352.24kWp interconnected mini-grids scheme in Toto community, Nasarawa State, in its latest...
Divestment: Oando to Double Crude Output to 50,000bpd after Eni Deal
*Insists local firms equipped to rejuvenate Nigeria’s oil sector
Chigozie Amadi
Indigenous oil and gas producer, Oando, has projected that it will double its production to...