IPO: Dangote Petroleum Refinery extends offer period by two weeks
A Nigerian oil refinery owned by Africa's richest man is extending the deadline for its initial public offering in order to broaden participation, its owner said Monday.
EEDC emerges first in 2017 NEMSA safety ranking
The Enugu Electricity Distribution Company (EEDC) has emerged overall first position in the 2017 Nigerian Electricity Management Services Agency (NEMSA) Safety ranking, indicating a leap from its fifth position in the 2016 NEMSA Safety ranking.
Nigeria loses $749m from OPA deals with five oil firms
Nigeria lost $749 million from Offshore Processing Arrangements, OPA, entered into with five companies in 2015, latest audit by the Nigeria Extractive Industries Transparency Initiative, NEITI, has revealed.
Nigerian banks accused of frustrating solar energy expansion
A solar energy expert and Chairman of AO Demarg, General Ademola Fadunsi, (rtd), has blamed banks for the slow pace of solar energy investments in Nigeria, saying the inability of banks to grant loans to investors in the sector had made investment difficult.
SNG provides gas to 90 industrial customers in Ogun, Rivers, Abia states – Report
Shell Nigeria Gas, SNG, has provided natural gas to about 90 industrial customers in Ogun, Rivers and Abia states, thus boosting socio-economic development in Nigeria.
USADF, All On launch challenge for off grid energy
THE U.S. African Development Foundation (USADF) and All On have officially opened the application period for the 2018 Nigeria Off-Grid Energy Challenge, following the announcement last month of a $3 million public-private partnership between the two organisations.
