![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Muhammadu-Buhari-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Muhammadu-Buhari-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Muhammadu-Buhari-475x267.jpg","width":"475"},"jaw_blog-16_9-big":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Muhammadu-Buhari-878x494.jpg","width":"878"},"large":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/10\/Muhammadu-Buhari-1024x576.jpg","width":"1024"}})
Nigeria to lose $9Bn in assets to engineering company in aborted gas project
A judge in London said on Friday he would grant a firm called Process and Industrial Developments Ltd (P&ID) the right to seek to seize some $9 bi...
Energy
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Kenya Power loses Sh60m to street vandals in 7 months
Kenya Power says it has incurred losses of Sh60 million in seven months after criminals vandalised street lights. The acting general manager for Netwo...
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Congo Republic discovers more oil, could produce up to 359 million barrels
The recent onshore discovery made in the Delta de la Cuvette deposit in the Republic of Congo is a game-changer for Congo and Africa. The discovery wa...
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Nigerian government to probe ex-president Obasanjo in alleged $16bn power scam
The Economic and Financial Crimes Commission (EFCC) will conduct a “comprehensive and forensic” probe” of the $16 billion allegedly spent on power pro...
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‘Failed investors’ to sell power distribution assets back to Nigeria at N736 billion
In a bid to revamp the country’s power sector, the Federal Government (FG) is considering repossessing no fewer than 10 electricity distribution firms...
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Uncertainty surrounds take-off of $14 billion Dangote Refinery in Nigeria
There is an air of uncertainty as regards the commencement date of Dangote Refinery’s operation. This is according to Devakumar Edwin, the Group Execu...
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Oil inches above $60 as US delays tariffs on Chinese goods
Oil prices continued to rally yesterday, following reports that the United States has decided to delay the next round of tariffs that were to be impos...
Nigerian crude overhang slow to clear due to light, sweet crude in the Atlantic Basin.
Some prompt-loading Nigerian crude cleared on Tuesday but there was still an overhang of at least 25 cargoes of Nigerian grades due to the plentiful a...
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Nigeria’s NNPC MD wants to open books, turn into fuel exporter
Nigeria’s state oil company plans to partner with a private refinery under construction on the shores of Lagos to turn the oil-producing country into ...
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Lessons to be learnt from Ghana’s excess electricity shambles
Access to energy plays a critical role in economic development. But bad government policies have affected energy security in many developing countries...