African trade agreement will boost electricity generation, supply, say GENCOs
The electricity generation companies, GENCOs, say they are optimistic the African Continental Free Trade Area (AfCFTA) agreement signed last Sunday ...
Saturday, March 14, 2026
Tag: Energy
1151 days after Kachikwu’s boast to fix refineries, PHRC stays dead
Down for several months Grappling with TAM, last done 18 years ago After several claims of a purported turn around ...
Fuel energy: Gas usage will save Nigeria $10 billion in 2019
The development and usage of Nigeria's vast liquefied petroleum gas resources as energy source rather than kerosine will save the ...
Let’s not play politics with pump price of fuel – Donald Duke warns
Donald Duke, Nigeria’s presidential candidate for the Social Democratic Party (SDP) warns that “the oil and gas sector are too ...
Nigeria spends N488bn to subsidise fuel consumption in 8 months
Nigeria is spending heavily to subsidise petroleum products consumption for its citizens thus eroding the gains from increases in international oil prices, ...
OPEC, allies mull 1.4 million bpd cuts as crude prices plunge
The Organization of Petroleum Exporting Countries (OPEC) and the non-OPEC allies are discussing potentially cutting oil production by as much ...
India crude imports from Nigeria, others hit 874,000bpd
India’s imports from Nigeria and other African countries jumped in October to 874,000 barrels per day, their highest level in three ...
Nigeria raises $2.86bn eurobonds to fund fiscal deficit, financing needs as high investor interest sees offer come in at $9.5bn
The Nigerian government on Wednesday night said it has successfully raised $2.86 billion triple series notes under its Global Medium ...
IEA predicts oil glut in 2019
The global oil market is to experience a glut throughout 2019, as heightened exploratory activities lead to increased output in ...
Nigeria’s works minister says N206bn 2nd Niger Bridge delayed by high water level
Babatunde Fashola, Nigeria’s minister of power, works and housing has explained that the slow pace of work on the construction ...
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