Energy
Oil Prices Rise as Iran–U.S. Tensions Renew Supply Fears
Global oil prices rose on Monday following comments by U.S. President Donald Trump describing Iran’s response to a proposed peace...
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Isolo Power Gen Limited Secures Approval for 9MW Embedded Power Project in Lagos
Isolo Power Gen Limited has secured approval to develop a 9MW embedded power generation project in Lagos State under the...
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Eight Fuel Vessels Carrying 164,000MT of Petrol, Diesel Head to Nigerian Ports
No fewer than eight vessels carrying about 164,000 metric tonnes of petroleum products are expected at Nigerian ports following fresh...
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Aliko Dangote Eyes Kenya for Proposed $17bn East Africa Refinery
Africa’s richest man, Aliko Dangote, is considering Kenya as the preferred location for a proposed 650,000 barrels-per-day oil refinery in...
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FG begins power debt repayment, says Transcorp CEO
The President and Group Chief Executive Officer of Transnational Corporation Plc, Owen Omogiafo, has confirmed that the Federal Government has...
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Oil Prices Climb Over 1% as US–Iran Fighting Threatens Ceasefire and Hormuz Stability
Global oil prices rose more than 1 percent on Friday after renewed fighting between the United States and Iran threatened...
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LASERC Issues Licences to 14 Operators, Moves to Strengthen Lagos Electricity Market
The Lagos State Electricity Regulatory Commission has reaffirmed its commitment to strengthening the Lagos electricity market through smart regulation and...
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FG Approves Petrol Import Licences for Six Marketers
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has issued petrol import licences to six...
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Dangote Refinery Denies Fuel Price Hike, Maintains Petrol Price at N1,275 per Litre
Dangote Petroleum Refinery and Petrochemicals has dismissed reports of a fresh increase in petrol prices, confirming that its ex-depot price...
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Nigeria’s DisCos Generate N196bn in February as Revenue Collection Slips Slightly
Electricity distribution companies (DisCos) in Nigeria generated a total of N196 billion in revenue in February 2026, according to the...
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