FCCPC vows 24/7 vigilance for consumer rights, urges swift action from DisCos
Oredola Adeola The Federal Competition and Consumer Protection Commission (FCCPC) has reaffirmed its commitment to maintaining a 24/7 presence to ensure that electricity distribution companies (DisCos) adhere to the…
Transcorp Power Plc makes NGX debut with 7.5bn shares listed at N240 per share, valuation surges to N1.98 trn
Oredola Adeola Transcorp Power Plc has made its debut on the Nigerian Exchange (NGX) through a listing of 7.5 billion ordinary shares of 50 kobo each at N240 per…
NNPC Ltd recommends collaborative war room among upstream producers to tackle oil, gas sector challenges
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd) has recommended increased cooperation among independent producers to tackle security, financial, technological, and other hurdles impeding the optimal…
President Tinubu reconstitutes FGN Power Company Ltd mgt team, reappoints Anuwe, Prof. Lawal
Oredola Adeola President Bola Tinubu has initiated the restructuring of key members to the management team of the FGN Power Company Limited, with the reinstatement of Kenny Osebi Anuwe…
FG pays about N1trn monthly petrol subsidy, Pinnacle Oil MD reveals, challenges NNPCL to open up
Oredola Adeola Robert Dickerman, the Managing Director/Chief Executive Officer of Pinnacle Oil and Gas Ltd, has revealed that Nigeria is currently paying a staggering N1 trillion monthly as a…
Lokpobiri inaugurates NCDMB Governing Council with Ogbe as Secretary
Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) Governing Council has been officially inaugurated, with Senator Heineken Lokpobiri, Minister of State, Petroleum Resources,Oil, as the Chairman and…
Kaduna DisCo assures 24/7 uninterrupted power supply for maximum demand customers
Oredola Adeola Kaduna Electric has promised to provide uninterrupted power supply 24 hours a day, 7 days a week, to its Maximum Demand customers and other segments, dedicated to…
NUPRC defends proposed 2024 closed bids round for oil, gas fields
Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to conducting the 2024 closed bids through a rigorous, fair, and competitive process, emphasising that the move…
OPEC urges NNPC Ltd. to supercharge oil, gas production, seize $14tr investment opportunity for global energy security
Oredola Adeola The Organization of the Oil Exporting Countries (OPEC) has charged the Nigerian National Petroleum Company Limited (NNPC Ltd.) to do everything possible to raise Nigeria's crude oil…
NNPC Ltd not hindering IOC’s divestment, but facilitating incremental production on all assets -Kyari
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd), has assured that its role in the divestment of the International Oil Companies from onshore and shallow water assets…
