News as it breaks
The order also extended to PENGASSAN members in TotalEnergies, Chevron, Seplat, Shell Nigeria Gas, Oando, and other upstream and midstream operators, mandating them to cut supplies immediately. The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has ordered its members to immediately cut off gas and crude oil…
The Minister of Power, Chief Adebayo Adelabu, has summoned the chief executives of Abuja Electricity Distribution Company and Ibadan Electricity Distribution Company over the worsening power supply in their regions. Also summoned is the Managing Director, Transmission Company of Nigeria, Sule Abdulazeez, over the deteriorating power situation across the country…
In the I&E window, the local currency depreciated 3.9 percent W-o-W to N803.9/$ from N776.9/$ the previous Friday.
