Energy

FG to take over Yola Disco with N27bn

The federal government is set to retake full possession of the Yola Electricity Distribution Company with about N27bn. The National…

Saudi Aramco targets top end valuation of $1.7trn

Saudi Arabia’s oil giant Aramco is assessing setting the final offer price of its initial public offering at the top…

Oil prices surge as Saudi seeks more supply cuts

Kenneth Afor  

Nigeria owes IOCs $3.501bn in cash-call – NEITTI

Nigeria has significantly reduced the accumulated debt it owes International Oil companies (IOCs) for cash-call for oil and gas production…