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Energy and Power

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Port Harcourt, Warri, Kaduna refineries owe NNPC N4.5trn without producing oil

TWO refineries in Port Harcourt, one in Warri and another in Kaduna owed the...

Dangote considers selling $20bn refinery to NNPC as Tinubu keeps mum amid dispute

AFRICA'S richest man and President of Dangote Group, Mr Aliko Dangote, says he is...
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Aso Villa Insiders: Dangote is not a darling of Tinubu’s government and must guard his comments

ASO Villa insiders have told Economy Post that Africa's richest man and President of...

Dangote Refinery has no operating license, company only 45% completed – Nigerian Regulator

CHIEF Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr....
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Confirmed: Tinubu spends N5.4trn on petrol subsidy in 2024 amid lies, denials by ministers

PRESIDENT Bola Ahmed Tinubu spent N3.6 trillion on petrol subsidy in 2023 and will...

REVEALED: Tinubu-led Oando Plc incurs N156bn losses in two years, lacks assets to repay loans, other liabilities

MR Wale Tinubu-led Oando Plc has finally released the full-year financial report of 2023...
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Tinubu-led Oando in survival battle as oil firm goes technically bankrupt

Oil firm, Oando Plc, is on a survivalist battle as it faces severe financial...

Again, 19 staff lose their jobs as Conoil’s profit rises by 94%

Nineteen staff members lost their jobs in 2023 at Conoil Plc after the company...
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