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NNPC speaks on Naira crude contract with Dangote Refinery

Nigeria, March 11 -- The Nigerian National Petroleum Company Limited (NNPC Ltd) has addressed reports alleging unilateral termination of the crude oil sales agreement in Naira between NNPC and Dangote... Read More


Reps secure commitment of seven oil companies to settle $37.4 million debt

Nigeria, March 10 -- The House of Representatives has obtained a commitment from seven major oil companies to settle their outstanding debts totalling $37,435,094.52 (approximately N58 billion) to the... Read More


BREAKING: Nigeria generates highest ever electricity in its history - TCN

Nigeria, March 6 -- Nigeria generated 5,801 megawatts of electricity on Tuesday, the highest ever by the country whose citizens grapple with incessant power outages. The head of the Transmission Comp... Read More


Nigeria generates highest ever electricity in its history - TCN

Nigeria, March 6 -- Nigeria generated 5,801 megawatts of electricity on Tuesday, the highest ever by the country whose citizens grapple with incessant power outages. The head of the Transmission Comp... Read More


UPDATED: Nigeria generates highest ever electricity in its history - TCN

Nigeria, March 6 -- Nigeria generated 5,801 megawatts of electricity on Tuesday, the highest ever by the country whose citizens grapple with incessant power outages. The head of the Transmission Comp... Read More


Potential of Nigeria's mining sector hampered by poor finance - Expert

Nigeria, March 5 -- Poor access to finance has been identified as a major hindrance to the growth and development of the Nigerian mining sector, according to the President of the Nigerian Mining and G... Read More


NNPC reduces petrol price

Nigeria, March 4 -- The Nigerian National Petroleum Company Limited (NNPC Ltd) has reduced the price of petrol in its retail stations. A PREMIUM TIMES correspondent observed Monday evening that NNPC ... Read More


IPMAN gives updates on bridging claims, urges members to remain calm

Nigeria, Feb. 28 -- The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged its members to refrain from any action(s) that may disrupt its collective efforts as negotiations conti... Read More


Nigeria's govt owes generation, distribution companies N4 trillion debt

Nigeria, Feb. 27 -- The Minister of Power, Adebayo Adelabu, on Thursday, said the Nigerian government is owing electricity generation companies (GenCos) and distribution companies (DisCos) in the coun... Read More


Nigerian govt set to 'regularise' electricity tariff

Nigeria, Feb. 27 -- The Nigerian government on Thursday announced plans to regularise the country's electricity tariffs. The move, according to the government, aims to address the significant dispari... Read More