NAN
Metro Power

Fire guts Lagos Island substation

Eko Electricity Distribution Company (EKEDC) has announced a fire incident at its injection substation in Idumagbo, Lagos Island. Mr Godwin Idemudia, General Manager, Corporate Communications EKEDC, confirmed this in a statement on Tuesday in Lagos. Idemudia said that the incident affected electricity supply to customers in Idumagbo and Ajele areas. He said the incident occurred Read More…

REUTERS
Business Oil & Gas Top Story

Buhari and NUPRC on collision course over sale of Exxon Mobil

Nigeria’s petroleum regulator, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said on Tuesday it stood by its refusal to approve Exxon Mobil’s $1.28 billion sale of shares in its Nigerian unit to Seplat after President Muhammadu Buhari approved the transaction. NUPRC Chief Executive, Gbenga Komolafe, said under a new petroleum law passed last year, the petroleum Read More…