Lekoil Nigeria Limited, the oil and gas exploration and production company and affiliate of Lekoil Limited Cayman, has announced the appointment of Mrs. Aisha Muhammed-Oyebode as Chairman of the Board.
Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden’s inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth.
The Petroleum Products Pricing Regulatory Agency (PPPRA) says Nigeria’s domestic consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has exceeded one million Metric Tonnes (MT) in 2020.
The average price per litre paid by consumers for National Household Kerosene decreased slightly to N352.79 in December 2020 from N353.38 in November, according to the National Bureau of Statistics (NBS).
Oil demand recovery will take a hit from a spike in new coronavirus cases before vaccine roll-outs and stimulus measures help in the second half of the year, International Energy Agency (IEA) said on Tuesday.
The Northwest zonal office of the Special Investigation and Prosecution Taskforce on Electricity Offences have announced the arrest of seven suspects in connection with pre-paid metre cloning, theft, metre vandalism and other related offences in Kaduna State and its environs.
Oil prices climbed on Tuesday as optimism that government stimulus will buoy global economic growth and oil demand trumped concerns that renewed COVID-19 pandemic lockdowns globally could cool fuel consumption.
Chevron Nigeria Limited (CNL) and the communities impacted by the crude oil spill from Funiwa oil fields in Koluama in Southern Ijaw Local Government Area of Bayelsa State have been sharply divided over where the crude oil leakage noticed over the weekend was coming from.
Chief Executive Officer of Century Power Generation Limited, Dr Chukwueloka Umeh, says that the Nigerian Electricity Regulatory Commission, NERC’s, failure to increase electricity tariff in smaller, steady steps from 2015, as stipulated in the Multi-Year Tariff Order, MYTO, has made the almost 100 per cent increase for some consumers very discomforting, especially at this time of unprecedented economic hardship.
Chevron Nigeria Limited (CNL) has disagreed with members of its host communities in Bayelsa on leakages reported at Funiwa Oil Fields operated by the oil firm off Bayelsa Coast.
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 of September 2020.
Premium motor spirit (petrol) was most expensive in Abia in December 2020, a report released by the National Bureau of Statistics (NBS) has shown.
Kano Electricity Distribution Company (KEDCO) is set to engage over 200 communities in its effort to boost revenue collection and improve service delivery.
Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.
No fewer than 77,000 prepayment meters are currently being distributed to customers in four states, the Port Harcourt Electricity Distribution Company (PHED) has said .
President Nana Addo Dankwa Akufo-Addo has decided that there will be no Deputy Regional Ministers, a statement signed on his behalf by the Acting Director of Communications at the Presidency Mr Eugene Arhin, has said on Thursday January 21.
A medical practitioner, Dr Arinzechukwu Ogbu, told Nigerians on Thursday to vaccinate themselves against yellow fever, to stay alive.
The Corps Marshal, Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has said that all stakeholders must ensure compulsory installation of speed limiting device in their vehicles to curtail incidences of speed related crashes.
President Muhammadu Buhari on Thursday directed the Federal Inland Revenue Services (FIRS) and related government agencies to plug all revenue leakages by ensuring strict compliance of tax payments by foreign companies operating in Nigeria, urging the deployment of more digital platforms and seamless connections.
The management of Club VICTORIA in Lagos has appealed to the Lagos State Government to kindly reconsider the closure of the facility following a violation of the COVID-19 protocols.
A former FIFA/CAF Instructor, Chief Adegboye Onigbinde, has identified lack of proper football development programme (FDP) as major factor hindering soccer development in the country.
A member of Oyo State House of Assembly, Mr Olasunkanmi Babalola, on Wednesday, urged lawmakers across the country to embark on aggressive sensitisation on COVID-19 in their respective constituencies.
A presidential aspirant for 2023 general election and former Chief Judge of Anambra State, Professor Peter Umeadi has argued that electing an Igbo as president of Nigeria in 2023 would ensure full integration of all sections of the country, which is being clamoured for since the end of the Nigeria civil war 51 years ago.
Kano State Deputy Governor Dr Nasiru Yusuf Gawuna has described the conduct of the local governments election exercise in the state as peaceful.