Energy

Dangote refinery to gulp N1.7tn crude monthly – Report

The Dangote Petroleum Refinery is going to need about N1.7tn worth of crude oil monthly following the directive of President Bola Tinubu mandating the...

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...

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