Uncovered: How desperate homes, businesses bypass meters in massive electricity theft
With rising electricity tariffs, households and businesses in Nigeria are increasingly turning to illicit means to manage their soaring utility bills. GODFREY GEORGE, in...
Dangote Refinery Reselling Imported, Nigerian Crude Oil – Reuters
Dangote Petroleum Refinery, is reselling crude oil cargoes from both the United States and Nigeria.
Reuters sources indicate that this move, unusual for refineries, stems...
Construction begins at Midoil refinery
Midoil Refining and Petrochemicals Company Limited has finally performed the turning of sod ceremony, marking the commencement of construction activities in Lagos.
The turning of...
W’Bank, AfDB to invest $7.5bn in Nigeria’s power sector
The Minister of Power, Adebayo Adelabu, has said that the World Bank and the African Development Bank have concluded plans to invest $30bn in...
Dangote says firm will drop plan to invest in Nigeria’s steel industry to avoid monopoly allegations
The President and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, has announced that the company will abandon its plans to enter Nigeria’s...
