Local News
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163GenCos Count Losses, Say Grid Collapses Pose Danger to Power Sector
Power generation companies have expressed concern over the adverse effects of frequent electricity grid collapses in the country, warning that the issue...
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153FG Unveils Credit Scheme to Buy Local Products
The Nigerian Consumer Credit Corporation has kicked off its project tagged Securing Consumer Access for Local Enterprises, an initiative to accelerate the...
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147NNPC’s Utapate Crude Grade Hits Market
In a major boost for Nigeria’s crude oil production, the NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate...
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124Petrol Price Soared by 87.88% in One Year
The National Bureau of Statistics (NBS) yesterday said the average retail price of the Premium Motor Spirit (PMS) rose by 87.88 per...
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85Senate to Approve Tinubu’s $2.2b Loan Request
The Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President,...
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81‘Investments in Road Infrastructure Will Boost Economy’
The Minister of Works, David Umahi, has said despite opposition from some quarters, President Bola Tinubu’s investments in critical road infrastructure across...
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108NERC to DisCos: Customers Not Responsible for Replacing Faulty Meters
The Nigerian Electricity Regulatory Commission (NERC) has warned electricity distribution companies (DisCos) to refrain from instructing customers to pay for the replacement...
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110Disco Blames Load Rejection on Underpayments by Customers
The acting Managing Director/CEO of the Abuja Electricity Distribution Company, Chijioke Okuwuokenye, has stated that the burgeoning debts and electricity overloading are...
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113Dangote, IPMAN Sign 240m Litres Monthly Petrol Deal
The Dangote Petroleum Refinery has offered to supply 60 million litres of Premium Motor Spirit, popularly called petrol, to the Independent Petroleum...
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138
FG Taking Action to Boost Power Supply –Minister
The Minister of Power, Adebayo Adelabu, yesterday said that the federal government was taking practicable steps to resolve Nigeria’s intractable power supply...
