Energy
Nigeria Posts Strongest Monthly Output Gain in Months as Production Hits 1.436mbpd in November
Nigeria recorded one of the strongest month-on-month crude oil production increases among members of the Organisation of the Petroleum Exporting...
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Nigeria’s Daily Petrol Consumption Drops to 52.9 Million Litres in November 2025
Data from the latest Fact Sheet by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) shows that daily petrol...
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FG Begins Repayment of ₦4tn GenCos Debt with ₦590bn Bond Issuance
The Federal Government has commenced the long-awaited process of repaying the ₦4 trillion debt owed to Power Generation Companies (GenCos)...
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NNPC E&P Records Highest Daily Oil Output in 36 Years at 355,000 Barrels Per Day
The Nigerian National Petroleum Company’s upstream subsidiary, NNPC Exploration and Production Limited (NNPC E&P), has recorded its highest daily crude...
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NERC Threatens Sanctions as DisCos Lag in Meter Rollout, Refunds
Electricity Distribution Companies (DisCos) are facing increased scrutiny over their slow pace of meter deployment and poor refund performance, as...
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TotalEnergies Sells 40% Stake in Nigerian Offshore Licenses to Chevron
TotalEnergies has announced the sale of a 40% stake in two offshore exploration licenses in Nigeria to Chevron, in a...
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Dangote Refinery to Supply 1.5bn Litres of Petrol Monthly to Ensure Nationwide Fuel Availability
The Dangote Petroleum Refinery has announced plans to supply 50 million litres of Premium Motor Spirit (PMS)daily—amounting to 1.5 billion...
Read moreOPEC+ Maintains Nigeria’s 1.5m bpd Oil Production Quota Until 2026
Nigeria’s crude oil production quota has been maintained at 1.5 million barrels per day (bpd) by the Organisation of the...
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FG’s Power Reforms Attract $2bn Investment as Nigeria Moves Toward Multi-Tier Electricity Market — Adelabu
The Federal Government’s ongoing power sector reforms are beginning to yield measurable results, with more than $2 billion in new...
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NEITI Boss Adar Targets Comprehensive Amendment of 2007 Act, Says Law Is Outdated
Newly appointed Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Hon. Musa Sarkin Adar, has pledged to pursue...
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