48 Die In Niger Tanker Explosion
A fuel tanker has collided head on with another truck in Nigeria, causing an explosion that killed at least 48 people, the country’s emergency response agency [Read more …]
Energy, Oil and Gas
Minimum Wage Strike: Power Outage As Labour Shuts National Grid
The Transmission Company of Nigeria (TCN) says the Labour union has shut down the national grid, resulting in a blackout as a nationwide strike begins. [Read more …]
Electricity To Cost More For 15% Top Users
The Federal Government has approved an upward review of electricity tariff for customers on band ‘A’ nationwide with immediate effect. Under the new tariff, customers [Read more …]
No Cuts In Fuel Price, Says NNPC
The Nigerian National Petroleum Corporation Limited has debunked media reports (not in The Dream Daily) that it has reduced the pump price of petrol and [Read more …]
Subsidy On Electricity Soon To Go, Says Power Minister, Adelabu
The subsidy regime in the nation’s power sector is likely to go the way of the subsidy on petrol as the Minister of Power, Adebayo [Read more …]
FG Moves To Audit NNPCL
The Minister of Finance & Coordinating Minister for the Economy, Olawale Edun has disclosed that plans were under way to audit the accounts of the [Read more …]
Akinyelure Chairs NNPCL Board As Tinubu Rejigs Company’s Management Team
President Bola Ahmed Tinubu has constituted a new board and management team of the Nigerian National Petroleum Company Limited (NNPCL). According to a statement on [Read more …]
‘Terminal Operators Behind Cooking Gas Price Manipulation’
The Nigerian Association of Liquefied Petroleum Gas Marketers has accused terminal operators of incessantly increasing the price of gas, exploiting and limiting its availability to [Read more …]
Military Foils N1.2 Billion Oil Theft
The Defence Headquarters said on Thursday that troops in the last two weeks intercepted stolen crude worth N1.2 billion as Nigeria’s oil production capacity increased [Read more …]
Israel-Hamas War: ‘Oil Price May Hit $150’
Oil prices could surge well into to the triple-digits and market volatility could skyrocket in the most severe scenario of an uncontained Israel-Hamas war, according [Read more …]