NNPC’s stake in Dangote Refinery reduced due to non-payment
The Nigerian National Petroleum Corporation (NNPC) has seen its shareholding in the Dangote refinery reduced from 20% to 7.2% due to non-payment of the...
Nigerians grapple with fresh petrol scarcity as prices rise
Fuel scarcity worsened across Nigeria on Monday, with most filling stations in Abuja and other states closed and some charging up to N900 for...
Siemens, PANA in partnership to modernize Nigeria’s power sector
Siemens, a global technology leader, and PANA Infrastructure, a Nigerian conglomerate, have announced a partnership aimed at transforming Nigeria's electric power infrastructure.
The collaboration focuses...
Nigerians to pay more as electricity rate goes up again
Nigerians are to pay more for electricity as distribution companies (DisCos) have announced another increase in tariffs, effective July 1.
This comes just two months...
Nigeria boosts crude oil production with new Akwa Ibom field
The Nigerian National Petroleum Corporation (NNPC) has begun production at a new oil field in Akwa Ibom state, aiming to ramp up output to...