Energy
Oil Prices Slip Again as OPEC+ Output Hike Fuels Oversupply Fears
Oil prices edged lower on Tuesday amid growing concerns of oversupply, as OPEC+ proceeded with another significant output increase despite...
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Petrol Importers Undercut Dangote Refinery as Price War Heats Up
Petrol importers have begun undercutting the Dangote Petroleum Refinery by offering lower fuel prices, igniting a fresh wave of competition...
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FG Wades into Electricity Tariff Dispute, Urges Unity Among Regulators
The Federal Government has stepped into the ongoing electricity tariff controversy following the recent decision by the Enugu Electricity Regulatory...
Read moreOil Prices Steady After Spike Amid Trump’s Russia Ultimatum
Oil prices paused in Asian trade on Wednesday following a sharp rally of over 3% in the previous session, as...
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Enugu, Other States Challenge NERC’s Authority Over Electricity Tariffs
Enugu State and several others have pushed back against the Nigerian Electricity Regulatory Commission (NERC)'s claims that states lack the...
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Dangote Urges Tinubu to Ban Fuel Imports Under ‘Nigeria First’ Policy
Alhaji Aliko Dangote, President of the Dangote Group, has urged President Bola Tinubu to include refined petroleum products such as...
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NERC: DisCos Owe N2.75trn in Liabilities, Hold N3.61trn in Assets
The Nigerian Electricity Regulatory Commission (NERC) has revealed that Nigeria’s 11 electricity distribution companies (DisCos) owe a combined N2.75 trillion...
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IBEDC Warns Against Energy Theft, Outlines Sanctions for Meter Tampering
The Ibadan Electricity Distribution Company (IBEDC) has issued a stern warning to customers against energy theft, including meter tampering, illegal...
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NERC Clarifies States’ Limits on Power Regulation, Cautions on Tariff Cuts
The Nigerian Electricity Regulatory Commission (NERC) has clarified that state governments do not have jurisdiction over the national electricity grid...
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AKK Gas Pipeline Project Reaches 86% Completion, NNPC Targets November for Mechanical Delivery
After several postponements, the Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline...
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