Energy
FG Urges Oil Companies to Boost Production Towards 2.5 Million bpd Target by 2027
The Federal Government has called on International Oil Companies (IOCs) operating in Nigeria to take decisive steps to increase crude...
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Nigeria Set to Resume Petrol, Diesel Import Permits by Mid-February 2026
Nigeria may resume the issuance of petrol and diesel import permits as early as mid-February 2026, marking the first approvals...
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FG Unveils Measures to Strengthen Nigeria’s Gas-to-Power Value Chain
The Federal Government has announced new measures to reinforce Nigeria’s gas-to-power value chain, emphasising natural gas as the backbone of...
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Dangote Refinery Warns Coastal Logistics Could Push Petrol Prices Near ₦1,000 Per Litre
Dangote Refinery has outlined its fuel production and distribution operations, warning that heavy reliance on coastal logistics could significantly raise...
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NNPC in Talks with Chinese Firm to Revive Nigerian Refineries
Nigeria’s state-owned oil company, the Nigerian National Petroleum Corporation (NNPC), is in discussions with a Chinese firm to revive one...
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Shell Profit Rises 11% Despite Falling Oil Prices, Raises Dividend
British energy giant Shell on Thursday reported an 11 per cent rise in net profit for 2025, as higher production...
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Nigeria Saves Over N6 Trillion on Petroleum Imports Through Bold Downstream Reforms – NMDPRA
Nigeria’s downstream petroleum sector has saved over N6 trillion in petroleum product imports in just the first nine months of...
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FG slams DisCos for slow installation of World Bank-backed free meters
Only about 200,000 smart meters have been installed under the federal government’s $500 million World Bank-backed Distribution Sector Recovery Program...
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Dangote Refinery Not Importing Finished Fuel, Operates Merchant Refining Model — MD
The Managing Director of the Dangote Petroleum Refinery, Mr David Bird, has clarified that the $20bn Lekki-based facility is not...
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REA Commissions 100kWp Solar Mini-Grid in Kaduna Community, Powers Homes and Water Supply
The Rural Electrification Agency (REA) has unveiled a 100-kilowatt-peak (kWp) solar mini-grid in Damau village, Kubau Local Government Area of...
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