Category: Business News

Crude oil production has risen steadily in the past one year and has stabilized around two million barrels per day which has in turn led to Nigeria’s exit from economic recession. According to the Downstream View, the rise in oil production could be directly attributed to reduced restiveness in the oil rich Niger Delta as…

By Energy Worth Ibadan Electricity Distribution Company (IBEDC) has said the 33KV lines to Lalupon town and its environs are under rehabilitation. The IBEDC said in a statement on Wednesday, said that contractors were working assiduously to ensure that power supply would improve up to the tail end of Lalupon feeder by the end of…

By Energy Worth Landlord and landladies resident in Ado Ekiti, Ekiti State capital, on Wednesday, staged a peaceful protest against the Benin Electricity Distribution Company(BEDC) over what they termed ‘over-billing’. The protesters, who operated under the auspices of Ado Ekiti Landlords and Ladies Electricity Consumers Association of Nigeria (ALLECA), accused the company of demanding for…

African Utility Week (AUW) has disclosed that this year’s event will focus strongly on water challenges on the continent, including investment needed in water solutions by the public and private sectors to enable universal access, water security and resilient societies. According to a release by the organisation, the water conference will further showcase how partnerships,…