Energy

IBEDC reports N3bn monthly loss from electricity theft

Onome Amuge The Ibadan Electricity Distribution Company (IBEDC) has revealed that electricity thefts by its customers result in a loss…

AfDB issues climate finance guidelines for Nigeria,others

Business A.M The African Development Bank Group (AfDB) has released country-by-country economic reports to support Nigeria and other African policymakers…

NNPC,Indorama seal $7bn gas supply deal to unlock $18bn lifetime revenue

By Onome Amuge. The Nigerian National Petroleum Company (NNPC) Limited has signed a memorandum of  understanding (MoU) with Indorama Eleme…

Cooking gas prices to rise next week, says marketers

Consumers of liquified natural gas, also known as cooking gas, have been told to brace up for tougher times ahead…

OPEC, IEA, World Bank data say Nigeria gas flaring down 45% in 10yrs

By Ben Eguzozie. Data from OPEC, the global oil cartel, validated by the International Energy Agency (IEA) and the World…

AEDC decries increased vandalism of power infrastructure across franchise area

  By Innocent Obasi   Abuja Electricity Distribution Company Plc (AEDC), one of the eleven downstream operators in the Nigerian electricity…