Non-Functioning Warri, Port Harcourt, Kaduna Refineries Lose N152.08bn For 15 Months
The nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle, the latest data from the Nigerian National Petroleum Corporation...
NNPC Posts $120.49m Crude Oil Receipt For September
The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month...
How Tony Elumelu’s Coy Acquired Shell, Total, ENI Stakes In Niger Delta Oil Block For $1.1bn
Three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining Lease 17 and related assets in...
Africa’n Richest Man, Dangote, Rating Drops After Losing $900m A Day
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship company emerged the...
Nigeria Makes History As Power Generation Hits 5,552.8MW For The First Time
Nigeria has recorded an all-time power generation peak of 5,552.8 megawatts, the Transmission Company of Nigeria announced on Thursday.
According to TCN, the new peak...