Energy and Commodities

Libya oil exploration

Libya Opens First Oil Exploration Bidding Round in 17 Years

Libya has announced its first oil and gas exploration bidding round in over 17 years, ...

NNPCL

NNPCL Cuts Petrol Price to ₦860 as Fuel Price War Escalates

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor ...

Gbenga Komolafe

Nigeria’s Rig Count to Hit 50 by Year-End as Oil Sector Gains Momentum

Nigeria’s oil and gas industry is set for a significant boost as the Nigerian Upstream ...

Nigeria’s Oil Refining Sector Sees First Quarterly Growth in 5 Years, Driven by Dangote Refinery

Nigeria's oil refining sector experiences its first quarterly growth in five years, largely due to ...
OPEC

OPEC Urges Africa to Unlock 120 Billion Barrels of Oil, Reject ‘Misguided’ Energy Policies

OPEC urges Africa to unlock its 120 billion barrels of oil reserves, cautioning against rushed ...
Dangote

Dangote Unveils Locally Assembled Peugeot Vehicles, Expands Nigeria’s Auto Industry

Dangote Peugeot unveils locally assembled Peugeot 3008 GT in Kaduna, aiming to boost Nigeria’s auto ...
electricity infrastructure

FG Spends Over ₦9bn on Restoring Vandalized Electricity Infrastructure, Allocates ₦8bn for Anti-Vandalism Campaign

Nigeria’s FG spent over ₦9bn to restore vandalized electricity infrastructure and allocated ₦8bn for anti-vandalism ...
TCN

Vandals Steal TCN Underground Cables, Plunge Abuja into Darkness

Power outage hits Abuja as vandals steal TCN underground cables, affecting key areas, including the ...
Electricity Debt

Eko, Ikeja DisCos Record Highest Customer Complaints as Nigerians Face N349bn Electricity Debt

Eko and Ikeja DisCos face rising customer complaints over billing issues as Nigerians accumulate ₦349 ...
Nigerian Electricity

Over 53% of Nigerian Electricity Consumers Still Unmetered, Says NERC

Over 53% of Nigerians remain unmetered, according to NERC’s Q3 2024 report, highlighting challenges in ...

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Today in History

August 13th is the day in 1913 that First production in the UK of stainless steel by Harry Brearley.

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