Kingsley Jeremiah, Author at Guardian Nigeria News

Local Refineries: Why crisis over crude supply will persist

• Concerns Over Refineries’ Approval Process, Weak Enforcement Of DCSO By NUPRC • Accusing IOCs Of Sabotage Is Misplaced Priority Amid Divestment, Fawibe Warns • Regulatory Agencies Should Ward Off Threats Against

9 hours ago

by Kingsley Jeremiah

Nigeria to create renewable utilities for 20m electricity customers

The Federal Government yesterday in Abuja said there was a need for a renewable energy ecosystem in the country to serve over 20 million Nigerians, accounting for about 23 per cent of

10 hours ago

News·Nigeria

SIGNING CEREMONY: from Left: Sales & Business Development Manager, FrazEnergy Limited (A subsidiary of Oilserv Group) Chris Onyebueke; General Manager, FrazEnergy Ltd, Mr. Osi Okonkwo; Commercial VP Africa/Mena/Asia Pacific of Galileo Technologies, Gabriel Lorenzi and Commercial Manager, FrazEnergy Limited, Olugbenga Ashiru, during the signing agreement between FrazEnergy Ltd and Galileo Technologies at the ongoing Nigeria Oil & Gas, NOG Energy week in Abuja.

Nigeria’s gas infrastructure needs $20b, says FrazEnergy

The growing push for gas utilisation and development in Nigeria will require over $20 billion investment in transmission and distribution infrastructure, FrazEnergy said yesterday after signing a liquified natural gas (LNG) development

1 day ago

Business

NNPCL denies $6b debt as fuel queues resurface

• Queues return to Abuja amid 12 new CNG stations • Marketers decry low supply from NNPCL • Black marketers hike price to N1000/litre • NNPCL denies owing traders Nigeria may face fresh scarcity of Premium

1 day ago

News

Nigeria beats Ghana, S’Africa, others to hosting $5b energy bank

Nigeria has won the bid to host the $5 billion Africa Energy Bank (AEB), which aims to address funding crisis for energy infrastructure on the continent. After an over four-hour meeting

1 day ago

News

Nigeria wins bid to host $5bn Africa Energy Bank

Nigeria has won its bid to host the $5 billion African Energy Bank, which aims to address funding crisis for energy infrastructure on the continent. Rising from over four hours of meeting

2 days ago

Business·Energy·Slide

NNPC targets Dec for IPO amid IOCs’ worry over Nigeria’s deepwater assets

The Nigerian National Petroleum Company Limited, yesterday, said the company would be ready for its initial public offering (IPO) by December as international oil companies (IOCs) raised concerns about the company’s over

2 days ago

Business·Slide

Africa’s exports decline by 5% as global trade nears $32 trillion

The United Nations Trade and Development (UNCTAD), yesterday, said global trade was on the way to recovery, and might hit $32 trillion before the end of 2024 as the first half of

3 days ago

Business

‘Nigerians spend N16.5tr, 60% of 2024 electricity budget on generators’

About N16.5 trillion, which translates to 60 per cent of the country’s 2024 budget of N27.5 trillion is being spent on electricity generating sets for homes and industries, the Minister of Power,

3 days ago

National·News

Nestoil raises concerns over contracts bidding loopholes in oil sector

A Nigerian Engineering, Procurement, Construction and Commissioning (EPCC) company, Nestoil has raised concerns over the impacts of the nation’s contract bidding process, insisting that the development will affect local content growth and

3 days ago

Energy

Nigeria loses $7.2b to low production as NNPCL, firms declare ‘war’

Nigerian National Petroleum Company Limited (NNPCL) has led indigenous and International Oil Companies (IOCs) in the regular hope of improving the country’s oil production despite losing $7.2 billion to low oil production

3 days ago

National·News

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Local Refineries: Why crisis over crude supply will persist

Nigeria to create renewable utilities for 20m electricity customers

Nigeria’s gas infrastructure needs $20b, says FrazEnergy

NNPCL denies $6b debt as fuel queues resurface

Nigeria beats Ghana, S’Africa, others to hosting $5b energy bank

Nigeria wins bid to host $5bn Africa Energy Bank

NNPC targets Dec for IPO amid IOCs’ worry over Nigeria’s deepwater assets

Africa’s exports decline by 5% as global trade nears $32 trillion

‘Nigerians spend N16.5tr, 60% of 2024 electricity budget on generators’

Nestoil raises concerns over contracts bidding loopholes in oil sector

Nigeria loses $7.2b to low production as NNPCL, firms declare ‘war’

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