Energy
NUPRC Unveils Action Plan to Reclaim Nigeria’s Oil Investment Lead in Africa
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a strategic push to reclaim the country’s leading position in Africa’s...
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Over Half of Nigeria’s Power Capacity Idle in July, Says NERC
Nigeria’s electricity sector continued to underperform in July 2025, with almost 60 per cent of installed generation capacity sitting idle,...
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FG Mobilises $980m as CNG Stations Surge from 7 to 350 in 18 Months
The Federal Government yesterday announced that at least $980 million has been mobilised in Nigeria’s Compressed Natural Gas (CNG) sector,...
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NISO Seeks Balance Between State Tariff Changes and National Grid Stability
The Nigerian Independent System Operator (NISO) has reaffirmed its commitment to harmonising state-level electricity tariff adjustments with the operational stability...
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Nigeria’s Oil Output Rises to 1.546m bpd in July, Retains Africa’s Top Producer Spot — OPEC
Nigeria’s crude oil production rose to 1.546 million barrels per day (bpd) in July 2025, up from 1.505 million bpd...
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FG Pledges Steady Gas Supply to Togo, Benin, and Ghana to Tackle Energy Poverty
Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, gave the assurance on Tuesday in Abuja during a meeting with...
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Petrol Price Set to Drop Below N900 as Dangote Refinery Cuts Ex-Depot Rate
The pump price of petrol in Nigeria is projected to fall below N900 per litre following Dangote Petroleum Refinery’s decision...
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Dangote Refinery Deploys 4,000 CNG Trucks for Fuel Distribution
Dangote Petroleum Refinery & Petrochemicals has commenced the receipt of 4,000 compressed natural gas (CNG)-powered trucks for its fuel distribution...
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Nigeria Launches ₦100bn National Public Sector Solarisation Initiative to Power Critical Infrastructure
The Rural Electrification Agency (REA) has signed a Memorandum of Understanding (MoU) with the Budget Office of the Federation, Infrastructure...
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Nigeria’s Oil Tax Revenue Hits N3.69tn in H1 2025, Up 41.7%
Nigeria’s oil tax revenue rose to N3.69 trillion in the first half of 2025, marking a 41.7 per cent increase...
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