Brent crude futures eased from recent highs and settled around $84.3 a barrel on Tuesday, pressured by prospects of lower industrial demand for energy products. Traders...
Brent crude futures gained 0.64% to $84.5 a barrel on Friday, hovering near its highest since October 2018 and heading for a 2.4% rise for the...
Electricity consumer protection groups on Tuesday advised the federal government against removing electricity subsidies so as not to create a rate hike. Ms Zainab Ahmed, Minister...
Ikeja Electric has explained that the outage resulting from the upgrade of the 132kv lines embarked upon by TCN, is not a total blackout as misrepresented...
Oil prices surged on Monday as OPEC+ kept to its plan to not boost output further, while US and European stocks slumped amid worries over inflation...
Technology companies led a broad slide for stocks on Wall Street Monday, as rising bond yields and energy prices stoked investors’ concerns about higher inflation. The...
The establishment of the Nigeria Electricity Services Agency (NEMSA) in Enugu will help check the proliferation of substandard electricity members in the Southeast network and environs....
Brent crude futures traded around $74.7 a barrel on Monday, extending losses from Friday, amid signs of more supply entering the market as US production continues...
President Muhammadu Buhari has approved the appointment of Ifeanyi Ararume as Chairman of the Nigerian National Petroleum Company Limited’s Board of Directors and Management. Mele Kolo...
The Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, has disclosed that 85, 264.803 metric tonnes of cooking gas was supplied across the country...