Business & Economy

The power minister expresses concern over the electricity subsidy surging to N3 trillion

The Federal Government announced on Wednesday that Nigeria's power sector owes approximately N3.3tn to electricity generating companies and gas producers. Additionally, it disclosed that the...

Nigeria’s oil production experiences a decline to 1.419 million barrels per day, as reported by OPEC

Nigeria experienced a slight decline in crude oil production to 1.42 million barrels per day in January 2024, as reported by the Organization of...

Dangote Refinery plans to export two shipments of fuel, according to a report

The Dangote Petroleum Refinery has released tenders for the export of two fuel cargoes from its newly commissioned facility, according to trading sources familiar...

A technical malfunction plunged 14 Ogun communities into a power outage, according to IBEDC

Currently, 14 communities in Ogun State are facing power outages, attributed by the Ibadan Electricity Distribution Company (IBEDC) to technical faults in power installations. IBEDC's...

US aviation lawyer criticizes Flying Wigwe and others for incorrect actions during adverse weather conditions

Aviation lawyer Robert Clifford, the Founder of Clifford Law Offices in Chicago, has suggested that the tragic helicopter crash in California, which claimed the...

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