The federal government has issued a three-month ultimatum to power Distribution Companies (Discos) to improve the quality of power

Nigeria to suffer $15.4bn loss, Africa’s biggest Africa’s oil producers should unfold incentives, plan for future to survive Ben

Ikeja Electric (IE) has announced the suspension of all disconnection activities of non-paying customers for a period of two weeks

Fears over Nigeria descending into a recession have intensified after US crude tested levels below $20 for the first time in more than

dis The Nigerian Electricity Regulatory Commission says there will be a 3-month delay in the implementation of the proposed

The federal overnment on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a

The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22 per barrel. This

While the landing cost of petrol has tumbled on the back of the sharp drop in crude oil prices, major fuel marketers are not keen to

Fuel scarcity may likely hit the country next week as fuel tanker drivers have resolved to keep away from the depots from Friday

By Omobayo Azeez Seplat Petroleum Development Company Plc recorded 13.4 per cent uptick in profit before deferred taxes to $270m for