Adebayo Adelabu Promises Improved Electricity Supply Amid Gas Constraints
Nigeria’s Minister of Power, Adebayo Adelabu, has assured citizens that electricity supply will soon improve as the Federal Government intensifies...
Nigeria’s Balance Of Payment Falls 38% To $4.23bn
Data from the Central Bank of Nigeria (CBN) indicates that Nigeria’s Current Account remained in surplus in 2025 but shrank...
Brent Crude Surges Over 5% Amid Middle East Tensions and Threats to Energy Facilities
Brent crude oil jumped more than 5 per cent on Thursday following renewed concerns over energy supply disruptions in the...
Dangote Refinery Imports $3.74bn Crude Oil in 2025 Amid Nigeria’s Domestic Production
Despite being a major crude oil-producing country, Nigeria saw the Dangote Petroleum Refinery import $3.74 billion worth of crude oil...
African Energy Chamber Urges Greater African Representation Ahead of Africa Energies Summit 2026
The African Energy Chamber has called for increased African representation as preparations intensify for the Africa Energies Summit 2026, scheduled...
NGX Loses N900bn as Profit-Taking Pushes Market Below N130tn
The Nigerian Exchange Limited recorded a slight downturn on Wednesday as investor caution and profit-taking activities dragged market capitalisation below...
Transcorp Hits N4.87tn Market Value, Promises Record Dividends to Shareholders
Transnational Corporation Plc has announced a historic combined market capitalisation of N4.87tn ($3.57bn) as of March 16, 2026, signaling its...
NNPC Moves to Boost Crude Supply to Dangote Refinery Amid Rising Global Oil Prices
The Nigerian National Petroleum Company Limited has intensified efforts to ensure a steady supply of crude oil to the Dangote...
REA-Lotus Bank Deal Yields First Result as Firm Secures N7.4bn for Ebonyi Power Project
Barely weeks after signing a landmark N100bn agreement, the partnership between the Rural Electrification Agency and Lotus Bank has begun...
Imported Petrol Cheaper Than Domestic, Vessels Deliver 156M Litres Amid Rising Prices
The landing cost of imported petrol in Nigeria is currently N94.53 cheaper than the domestic gantry price, according to the...
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