abubakar saidu

Increasing the price of Premium Motor Spirit (PMS), also known as petrol, may reverse the already diminishing effects of fuel subsidy removal in Nigeria, according to the World Bank. The Bretton Wood institution made this warning in…
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Concerns that Nigeria’s financial liquidity may run into more murky waters may have been justified by latest developments in its oil exploration sector Crude oil remains the major source of revenue for the country and there are…
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Shell Petroleum Development Company’s Managing Director, Osagie Okunbor, emphasized the company's ongoing commitment to Nigeria despite its decision to divest from onshore assets. Speaking at the Nigeria Economic Summit, Okunbor…
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The Conference Of Nigeria Political Parties (CNPP) has reacted to the recent release of N15 billion worth of products to independent oil marketers by the Nigerian National Petroleum Company Limited (NNPC). In a statement signed by…
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Adebayo Adelabu, minister of power, says 1.3 million meters will be delivered between December and the second quarter (Q2) of 2025. Adelabu spoke on Tuesday at the ongoing Nigeria Energy Summit held in Lagos. The minister said…
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By William Emmanuel Ukpoju The Transmission Company of Nigeria (TCN) has announced that recovery efforts are almost complete after a partial grid disturbance on Monday, October 14, 2024. According to TCN's General Manager…
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As Nigerians continue to groan over the recent increase in fuel prices by the Nigerian National Petroleum Company (NNPC) Limited, Naija News brings you the latest update on petrol scarcity, fuel price increase and Govt/citizens’…
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Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase month-on-month. This is the first increase in three months after the country’s inflation rate…
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Tim Latimer, CEO of Fervo Energy, at one of the company's enhanced geothermal drill rigs in Beaver County, Utah There’s a valley in rural southwest Utah that’s become a hub for renewable energy. Dozens of tall white wind turbines whoosh…
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Nigerian crude traded at a premium, above $80 a barrel, despite moderation in China’s inflation rate and an opaque situation surrounding the country’s economic stimulus plans, which have triggered concerns about energy demand in the…
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