Energy
FG Steps in to Avert Fuel Supply Disruption Amidst Rising Operational Costs as Petrol Tankers begin strike
In an effort to prevent the planned suspension of operations by the Nigerian Association of Road Transport Owners (NARTO) members,...
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Dangote Oil Refinery Issues Tenders for First Fuel Exports, Marking Milestone for Nigeria
Nigeria's Dangote oil refinery, the largest in Africa with a capacity of 650,000 barrels per day, has issued tenders for...
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Oil Prices Dip as U.S. Crude Inventories Surge, Raising Demand Concerns
Oil prices experienced a decline in early trade on Thursday following a significant increase in U.S. crude inventories, triggering concerns...
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FG Attributes Low Electricity Supply to N3 Trillion Debt to Gas and Power Companies
In a press briefing on Wednesday, the Minister of Power, Adebayo Adebayo, revealed that the federal government's outstanding debt of...
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Crude Oil Prices: Agusto & Co. Warns of significant Impact on Nigeria’s Economy and GDP growth in 2024
Pan-African Credit Rating Agency Agusto & Co. has predicted a shift in crude oil prices, estimating that they may settle...
Read moreGlobal Economic Concerns Stifle Oil Price Surge Despite Geopolitical Unrest
In a challenging start to the week for the energy markets, oil prices faced resistance on Monday as economic uncertainties...
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Nigeria’s Major Oil Marketers Register with Dangote Refinery, Set to Distribute Refined Product
The seven major oil marketers in Nigeria have officially registered with the Dangote Petroleum Refinery for the distribution of refined...
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Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says No plans for gas price hike Citing PIA Compliance
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has asserted that there will be no hike in gas prices,...
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Oil Prices Edge Up Amidst Middle East Tensions Following US and British Strikes in Yemen
In the wake of recent strikes by US and British forces to thwart Houthi militia attacks on ships in the...
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SERAP Calls on NNPC to Disclose Oil Production and Revenue Details Post Fuel Subsidy Removal
Socio-Economic Rights and Accountability Project (SERAP) has directed a request to Mr. Mele Kolo Kyari, the Group Chief Executive Officer...
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