Powering Africa summit holds in Washington DC

The annual Powering Africa Summit returns to Washington DC this March providing a platform for Africa’s energy sector stakeholders and developers to engage multilaterals,...

Expert lauds Senate on oil benchmark of 44.5 dollars

A financial expert yesterday described the oil price benchmark adjustment by the Senate in the 2017 budget from 42.5 dollars per barrel to 44.5...

Dangote Refinery, PTI partner on human capital development

Dangote Refinery and Petrochemicals and the Petroleum Training Institute, (PTI) Efunrun are to partner together in the area of human capital development and professional...

‘Challenges impeded ability to transform power sector’ – Amoda

Operators in the power sector have faced enormous challenges in the last three years when the new owners took over the operation in the...

Economy: Obaseki in talks with CBN to grow Edo economy

Edo state governor, Mr. Godwin Obaseki, has reassured the people of his administration’s continued economic revolution that would guarantee youth empowerment in the state. ...

FG must borrow to meet demands- Adeosun

Minister of Finance, Mrs Kemi Adeosun, said inability of Federal Government to generate enough revenue to meet its obligation left it with no choice...

Afreximbank to disburse $90 billion over five years

The African Export-Import Bank (Afreximbank) has announced the inception of a new five-year strategic plan that will see the African continental trade finance institution...

Industry experts endorse WAIPEC 2017

The organizers of WAIPEC 2017 have unveiled an overview of its programme ahead of the three-day conference and exhibition, taking place next month (21-23rd...

N660bn debt, forex scarcity hamper fuel importation

The Depot and Petroleum Products Marketers Association (DAPPMA) has blamed the inability of its members to import more petrol on the over N660billion debt...

Future oil demand: World needs $25trn investment

Saudi Aramco’s chief executive, Amin Nasser, has said in order to meet up with future oil demands, the world needs to invest US$25 trillion...

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