Nigeria saves 30% of petrol use, says Customs CG
Businessam Staff
November 29, 2019
Nigeria’s fuel consumption has reduced by 30 per cent since the stoppage of petrol sale at towns/villages within 30 kilometres of the
Discos reject 8,848MW of electricity in one week
Businessam StaffNovember 26, 2019
Power distribution companies in the country left a total of 8,848.24 megawatts of electricity unused in one week, latest data from the
Oil coys proritising asset management as competition edges up, says GlobalData
Businessam StaffNovember 25, 2019
By Samson Echenim
Licence cancellation: FG gives Discos December 7 deadline
Businessam Staff, Mudashir TundeNovember 6, 2019
By Moses Obajemu Power distribution companies have till December 7 to submit their written responses providing reasons why
Nigerian law makers will demand accountability in power sector, says senate president
Businessam Staff, Mudashir TundeNovember 5, 2019
Tola Akinmutimi President of the Senate, Ahmad Lawan, on Monday, said that the Ninth National Assembly would demand
We may have to worry about peak oil demand soon
Businessam StaffNovember 4, 2019
By Mudashir Tunde A peak oil demand might continue to result in its rise in value for the next ten years if the world
Oil prices extend decline as Saudi promises speedy restoration of production output
Businessam StaffSeptember 18, 2019
Oil prices extended decline to Wednesday as Saudi Arabia said it would quickly restore full production following last weekend’s
Wall Street falls as energy drags; focus shifts to Fed meeting
Businessam StaffSeptember 17, 2019
U.S. stocks edged lower on Tuesday as a drop in oil prices weighed on the energy sector, while investors stayed away from making big
New energy order: firm advises Nigeria to court Asia as new major oil market
Moses ObajemuJuly 18, 2019
As international trade dynamics continue to threaten the future of fossil fuels in Europe and America, an economic research company
African trade agreement will boost electricity generation, supply, say GENCOs
Businessam StaffJuly 10, 2019
The electricity generation companies, GENCOs, say they are optimistic the African Continental Free Trade Area (AfCFTA) agreement