Energy
DisCos in crisis as consumers refuse to pay N348bn electricity bills in 9 months
Electricity Distribution Companies (DisCos) in Nigeria are facing a liquidity crisis as consumers default on the payment of N348 billion in debt owed in nine months.
Marketers, oil companies partner to build new refinery to rival Dangote, NNPC
The Petroleum Products Retail Outlets Owners Association of Nigeria has disclosed that they signed a deal with three oil firms to build a 50,000bpd-capacity refinery
Dangote Refinery expands crude storage with 8 new tanks amid local supply challenges
The Dangote Petroleum Refinery is increasing its crude oil storage capacity by 1 billion litres, equivalent to approximately 6.29 million barrels.
Nigerians attest to long-lasting Dangote fuel, blast others for low-quality
Nigerians praised the quality of refined petroleum products obtained from the Dangote Refinery and offered at MRS Oil Plc filling stations around the country.
NUPRC, NMDPRA in hot waters as audit detects unexplained N313 billion
Audit report from the office of the auditor general has revealed unaccounted sums amounting to N313 billion, under these two petroleum industry regulators
Nigerian Breweries, others secure permit to generate own electricity amid national grid collapses
In the face of high electricity bill and poor supply, several companies and institutions including Nigerian Breweries have secured permit to generate their power.
NNPC announces free eye surgeries for Nigerians, gives locations
The Nigerian National Petroleum Company Limited Foundation is providing hope to Nigerians facing cataracts with screening and surgical intervention programme.
Seplat to bring back 400 idle wells into full operation
Seplat Energy is beginning an initiative to revive inactive oil wells after completing its $1.28bn acquisition of ExxonMobil's onshore oil and gas assets.
Over 53% of electricity consumers in Nigeria still pay estimated bills
NERC report reveals that more than half the electricity consumers in Nigeria remain on estimated billing, despite the attempts to get them metered.
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