Tuesday, March 3, 2026
Nigeria meter assets providers must accommodate 40 percent local content, says electricity market regulator, NERC
Nigeria's electricity market regulator, the Nigerian Electricity Regulatory Commission (NERC), has issued directive that every investment made in the meter...
Read moreDetailsNigerian firm, Oranto Petroleum, wins oil exploration deal in Uganda
Nigeria’s Oranto Petroleum has signed two production-sharing agreements with Uganda to explore for oil and gas around Lake Albert, the...
Read moreDetailsNigeria made N118trn from crude production in 53yrs – NBS
The National Bureau of Statistics (NBS) says Nigeria has realised more than N118 trillion from crude oil production and refining...
Read moreDetailsIndigenous oil and gas companies have capacity to achieve 80 percent of engineering design – NCDMB
Simbi Wabote, executive secretary of Nigerian Content Development and Monitoring Board (NCDMB), says Nigerian oil and gas companies have the...
Read moreDetailsBotswana grants Tlou Energy licence for coal-bed methane project
Botswana has granted Tlou Energy a mining licence for its Lesedi coal-bed methane (CBM) project, Tony Gilby, the company’s Managing...
Read moreDetailsIBEDC earmarks N4.5bn for enumeration of consumers, equipment
Ibadan Electricity Distribution Company (IBEDC)has earmarked over N4.5 billion for the enumeration of consumers and equipment in its areas of...
Read moreDetailsConoil records N2.84bn profit for FY 2016
Conoil Plc has recorded  a gross profit of N2.84 billion for the 2016 business year,  up from the N2.31billion it...
Read moreDetailsJulius Berger, Petralon venture into oil exploration despite global price instability
Still searching for growth opportunities, Nigeria’s construction giant, Julius Berger Nigeria Plc said it is venturing into crude oil exploration...
Read moreDetailsBEDC to publish power availability schedules to customers
Benin Electricity Distribution Company (BEDC) has indicated that in view of prevailing electricity generation limitations, it would start publishing power...
Read moreDetailsOil surges 2.5 percent, soothes cyber nerves
A bounce in oil and other commodities prodded stock markets higher on Monday, cushioning the hit to sentiment from a...
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