No more oil sale discounts from July — NNPC
The Nigerian National Petroleum Corporation (NNPC) has saidit will discontinue crude sales discount regime effective from July this year. Mele ...
Friday, March 13, 2026
Tag: Energy
Seven Discos face NERC’s sanction over uncapped estimated billing
Nigerian Electricity Regulatory Commission (NERC) yesterday gave seven Distribution Companies (Discos) 14 days to explain why they should not be ...
FG bars debtors from bidding for oil fields
Companies, including their promoters, indebted to the federal government will not be allowed to participate in the newly launched bid ...
World Bank, AfDB, inaugurate $550m solar off-grid power plants to serve 30,000 MSMEs, 300,000 households in Bayelsa
…targets universities, teaching hospitals in Nigeria Global money lender, the World Bank and African Development Bank (AfDB), in collaboration with ...
Oilfield bid round: FG may generate N3.17bn from fees
The federal government may generate at least N3.17bn from the payment of fees for the marginal fields put on offer ...
Senate summons finance minister over N1.8trn power intervention funds
The senate committee on power, said on Thursday that it has perfected plans to begin a three-day investigative hearing with ...
Oil rebound eases concerns about devaluation of Nigeria’s naira
The rebound in oil prices has given Nigeria’s naira a reprieve, easing investors’ concern that a steep devaluation may be ...
Brent oil rises to $40 amid hopes for recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers ...
N’Assembly raises 2020 budget oil price benchmark to $28
The National Assembly yesterday increased the oil price benchmark to $28 per barrel from the $25 proposed by the executive ...
Govt invites investors to bid for 57 oil fields
The federal government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part ...
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