Energy
Tinubu Approves 2026 Oil Licensing Round as NUPRC Targets Fresh Upstream Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has secured presidential approval to commence the 2026 oil licensing round before the...
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NERC Introduces Net Billing Framework to Reward Renewable Energy Users for Excess Power
The Nigerian Electricity Regulatory Commission (NERC) has introduced a new billing framework that enables electricity consumers with renewable energy installations...
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Anambra Signs Four Electricity Laws to Boost Power Supply, End Distribution Monopoly
The Anambra State Electricity Regulatory Commission (ASERC) has announced that four new regulatory instruments have been signed into law to...
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TCN Extends Outage on Jos-Bauchi-Gombe Transmission Line Until June 30
The Transmission Company of Nigeria (TCN) has extended the scheduled outage on the Jos-Bauchi-Gombe 330kV Single Circuit transmission line until...
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DisCos Collect Nearly N600bn Despite Power Supply Challenges in Q1 2026
Nigeria’s Electricity Distribution Companies (DisCos) collected nearly N600bn from electricity consumers in the first quarter of 2026, despite persistent power...
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Oil Prices Surge as US-Iran Tensions Escalate, Global Markets React Sharply
Oil prices surged sharply on Monday as renewed tensions between the United States and Iran rattled global markets and disrupted...
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NUPRC Workers Begin Indefinite Strike Over Welfare, Governance Concerns
Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have commenced an indefinite strike over welfare and administrative issues, leading...
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Petrol Price Soars 643% in Three Years as Nigerians Battle Rising Cost of Living
The price of Premium Motor Spirit (PMS), popularly known as petrol, has surged by about 643 per cent in the...
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Dangote Refinery Cuts Petrol, Diesel Ex-Depot Prices to Boost Affordability
Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS), popularly...
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NNPC Revenue Jumps 79% to N4.97tn in April as Profit Hits N481bn
The Nigerian National Petroleum Company Limited (NNPCL) has reported a sharp increase in revenue and profit for April 2026, reflecting...
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