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...
Ikeja DisCo laments rise in energy theft
Ikeja Electricity Distribution Company has lamented the rise in energy theft in the past three months of the Band A tariff increase.
This is even...
Fuel import: FG working against local refineries, operators cry out
Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government...
