Energy
Oil rises as falling US inventories refocus market on demand
Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling U.S. crude oil...
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$21 billion divestment hits Nigeria’s oil, gas sector hard
Nigeria’s oil and gas sector is currently feeling the impact of about $21 billion in divestments by oil multinationals, as...
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FG cuts power firms from national grid
The Federal Government, on Tuesday, declared that it had commenced the disconnection of some power firms from the national grid...
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Oil prices stable as investors ponder China demand, rate hikes
Oil prices were steady on Tuesday as investors weighed strong holiday travel in China that could boost fuel demand against...
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Oil dips as potential Fed rate hike overshadow falling stocks
Oil drifted lower on Wednesday as the market weighed potential interest rate hikes from the Federal Reserve that could slow...
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Energy Summit: PIA Passage Our Greatest Energy Sector Achievement – Buhari
President Muhammadu Buhari has said the $2.8billion Ajaokuta-Kaduna-Kano AKK natural gas pipeline project, is currently at 43 per cent completion....
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Number Of Metered Electricity Customers Hits 5.13m
Latest data by the National Bureau of Statistics has shown that the rate of metered electricity customers stood at 5.13...
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Oil edges up as China’s economy gathers pace
China's economy grew at a faster-than-expected clip in the first quarter, official data showed, expanding 4.5% year-on-year as policymakers move to bolster...
Read moreOil climbs on tightening supply; IEA demand outlook awaited
Oil prices rose on Friday on signs of lower Russian output and tighter supplies, with the market looking ahead to...
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Fuel subsidy, oil theft gulped N29tn, says FG
The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and...
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