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In order to reduce sharp practices in the oil and gas sector, the President, Nigeria Stock Exchange and Chairman, WAPIC Insurance, Mr. Aigboje Aig Imoukhede, has insisted that a reform should be carried out in the sector that will lead to development where people set up refineries, create new technologies...

Despite its exemption from oil quota cut, Nigeria is faced with fall out from mass job loss, oil price rout, Niger Delta violence and power grid collapse...

How N5 trillion loans to energy sector got banks into trouble The banks’ loans to Nigeria’s energy sector is going bad, putting recovery move by the...

Regardless of huge number of dormant residential/office properties adorning high-brow locations of Lagos such as Ikoyi, Lekki and Victoria Island in Lagos, warehouse rents in Apapa, Ilupeju and Oshodi are increasing, New Telegraph has learnt. While rents of warehouses in Apapa are the most expensive at N1,400 per square foot (psf) per annum, Ilupeju and Oshodi are following...

Portugal has surged revenues accruable to Nigeria from gas as it has taken delivery of a cargo of liquefied natural gas from Africa’s biggest crude exporter, shipping data from the port of Sines seen by New Telegraph has shown The 174,900-cbm LNG Finima II liquefied natural gas carrier departed Nigeria’s Bonny export facility, according to LNG World Reports and is...

ADEOLA YUSUF, in this report, reveals reasons the unbundling of the Nigerian National Petroleum Corporation (NNPC) will remain a tall dream, notwithstanding...

Royal Dutch Shell, the world’s second-biggest publicly listed oil company, has swollen its investment in green energy. One of such investments, according...

About 80 million Nigerians, being 44 per cent of the over 170 million population, lack access to electricity, a document of the Boston Consulting Group (BCG) seen by New Telegraph at the weekend showed. This figure, the document showed, is well below the average of 80 per cent for all three comparison groups. The report, entitled: ‘’Unlocking Nigeria’s Potential-...

Nigeria, a country in recession, spent $1 billion as subsidy on imported Dual Purpose Kerosene (DPK) in 2015 while its 445, 000 barrels per day refineries...

As DISCOS and the Federal Government bicker over payment of N100billion power debts, electricity consumers are the ones bearing the brunt. ADEOLA YUSUF...

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