Why Cooking Gas Price is Skyrocketing - NLNG   At the backdrop of the sustained upswing in the prices of cooking gas, the Nigerian LNG Limited, has indicated that three major factors around the domestic macroeconomic developments as well as global factors have combined to constrain...

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy   President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu also stated that the Federal...

China-Nigeria Trade Volume Hits $17bn   The bilateral trade volume between China and Nigeria in the first three quarters of 2023 stood at $17.25bn, the Consul General of China in Lagos, Yan Yuqing has said. Yuqing disclosed this at the China Commodities Expo-Nigeria Lagos, recently. The Consul noted...

Oil Sector Attracted Zero Foreign Investment in Q2, 2021 - NBS   The oil and gas sector in the country failed to attract any foreign investment for the first time in Q2 2021, amid the global push for cleaner energy, according to the National Bureau of...

How We Are Confronting The Menace of Vandalism - Kaduna Electric Kaduna Electric has expressed great concern over the high frequency of incidents of vandalism of electrical installations across its franchise. In the face of the difficult challenge however, it said it is doing a...

Petrol Ex-depot Price Rises by 7.6% to N608/Litre   The Ex-depot price of petrol, yesterday, rose by 7.6 per cent to N608 per litre from N565 per litre in Lagos and environs. A visit to private depots in Lagos showed that independent marketers, who lift at N608...