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Falling crude prices to maintain pull on petrol prices in 2025
Sopuruchi Onwuka The price war between the two main refiners in the country-Nigerian National Petroleum Company Limited and Dangote Industries Limited-will intensify in the new year to maintain strong pull on petrol prices as projections are unanimous that crude oil…
NERC authorizes Ogun State to regulate electricity market
Sopuruchi Onwuka The National Electricity Regulatory Commission (NERC) has finally authorized the government of Ogun State to conduct regulatory activities in the electricity market in the state. According to a public notice circulated from the Public Affairs unit of NERC,…
Axxela, other investors grab stakes in Eko Disco
New investors to transform EKEDC into integrated power firm Sopuruchi Onwuka A number of deep pocket investors have acquired significant equity stakes in the Eko Electricity Distribution Company (EKEDC) Limited, clearing the path for the power marketing company to transform…
Catholic priest sentenced to 11 years in Belarus
A Catholic priest in Belarus on Monday was convicted on charges of high treason for criticising the government and handed an 11-year sentence, in the first case of politically-driven charges against Catholic clergy since Belarus became independent after the Soviet…
Ardova Plc in bulk purchase deal with Dangote Refinery
In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery. The framework, according to Head…
170 graduates benefit from Shell, partners’ internship programme
A total of 170 young graduates have benefitted from the NCDMB/PETAN/SPDC JV Graduate Internship programme, in which they were attached to indigenous technical oilfield service companies in the upstream and downstream sectors for hands-on experience. Some 133 of the interns…
Confirmed: Russia shot down crashed Azerbaijan jetliner
Azerbaijan’s President Ilham Aliyev said Sunday that the Azerbaijani airliner that crashed last week was shot down by Russia, albeit unintentionally, and criticized Moscow for trying to “hush up” the issue for days. “We can say with complete clarity that…
Abia APC will rebound, Emenike assures followers
Blames party’s Governorship loss in 2023 on internal sabotage From Boniface Okoro, Umuahia Following the poor performance of the All Progressives Congress (APC) in Abia State during the 2023general election, the party’s state leader, High Chief Ikechi Emenike, has assured…
Budget: Otti pledges massive infrastructure development
Signs 2025 budget into law From Boniface Okoro, Umuahia Abia State Governor, Dr. Alex Otti, while assenting to the state’s 2025 budget of N750,282, 200,000 into law on Friday, December 27, 2024, promised that his administration would continue to do…
