Energy
NLC Rejects N6tn Power Sector Bailout, Calls for Energy Ministry Merger
The Nigeria Labour Congress (NLC) has rejected the Federal Government’s proposed N6tn bailout for power generation companies, describing it as...
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Dangote Refinery Exports 456,000 Tonnes of Fuel to Five African Nations
The Dangote Petroleum Refinery has expanded its regional footprint with the export of 12 cargoes of refined petroleum products, totalling...
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Nigeria’s Power Sector Faces Renewed Strain Amid Gas Supply Disputes
Nigeria’s electricity supply chain is under renewed pressure as financial and contractual disputes between Generation Companies (GenCos) and gas suppliers...
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African Nations Turn to Dangote Refinery Amid Global Fuel Disruptions
Several African countries, including South Africa, have approached the Dangote Petroleum Refinery to secure fuel supplies following disruptions linked to...
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Adebayo Adelabu Promises Improved Electricity Supply Amid Gas Constraints
Nigeria’s Minister of Power, Adebayo Adelabu, has assured citizens that electricity supply will soon improve as the Federal Government intensifies...
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Brent Crude Surges Over 5% Amid Middle East Tensions and Threats to Energy Facilities
Brent crude oil jumped more than 5 per cent on Thursday following renewed concerns over energy supply disruptions in the...
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African Energy Chamber Urges Greater African Representation Ahead of Africa Energies Summit 2026
The African Energy Chamber has called for increased African representation as preparations intensify for the Africa Energies Summit 2026, scheduled...
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NNPC Moves to Boost Crude Supply to Dangote Refinery Amid Rising Global Oil Prices
The Nigerian National Petroleum Company Limited has intensified efforts to ensure a steady supply of crude oil to the Dangote...
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REA-Lotus Bank Deal Yields First Result as Firm Secures N7.4bn for Ebonyi Power Project
Barely weeks after signing a landmark N100bn agreement, the partnership between the Rural Electrification Agency and Lotus Bank has begun...
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Imported Petrol Cheaper Than Domestic, Vessels Deliver 156M Litres Amid Rising Prices
The landing cost of imported petrol in Nigeria is currently N94.53 cheaper than the domestic gantry price, according to the...
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