Energy
Oil Prices Jump Nearly 4% After Middle East Strikes Escalate Tensions
Oil prices climbed by more than $3 per barrel on Wednesday as renewed military tensions in the Middle East heightened...
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Oil Prices Fall as Hopes of US-Iran Talks Lift Markets Despite Global Tech Sell-Off
Global oil prices fell sharply on Tuesday as renewed optimism over possible diplomatic talks between the United States and Iran...
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TCN Foils Attempted Theft at Bauchi Transmission Substation
The Transmission Company of Nigeria (TCN) has foiled an attempted theft at its 330/132kV transmission substation in Bauchi, preventing damage...
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Nigeria’s Petrol Consumption Drops 15.7% in Q2 as Higher Fuel Prices Weigh on Demand
Nigeria's petrol consumption declined by 15.7 per cent in the second quarter of 2026 as higher pump prices triggered by...
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Oil Prices Fall as US-Iran Ceasefire Hopes Ease Supply Concerns
Global oil prices fell sharply on Monday after signs of easing tensions between the United States and Iran raised hopes...
Read moreBrent Crude Holds Above $100 as Middle East Tensions Raise Fresh Global Oil Supply Fears
Global oil prices remained above the $100 per barrel mark on Friday, extending a strong upward trend as investors weighed...
Read moreGlobal Markets Slide as AI Concerns Deepen and Oil Surges Above $100 Per Barrel
Global financial markets came under renewed pressure as a sharp selloff in technology stocks gathered pace, driven by growing concerns...
Read moreNigeria’s Mini-Grid Expansion Gains Momentum as 48 Projects Take Shape Across 19 States
Nigeria has taken another major step toward expanding electricity access as the Rural Electrification Agency (REA) announced that 48 interconnected...
Read moreFG Targets N342bn Revenue After Slashing Oil Block Signature Bonus Fees
The Federal Government is expected to generate about N342 billion from signature bonuses payable by successful bidders in the 2025...
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Transport Fares Rise as Petrol Price Hits N1,400 Per Litre in Parts of Nigeria
Commuters across several parts of Nigeria are facing higher transportation costs following another increase in petrol prices, with the product...
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