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Energy and Commodities

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 ...

  • 4 March 2025
  • Business
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 ...

  • 27 February 2025
  • Business

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 ...
  • 26 February 2025
  • Business
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 ...
  • 26 February 2025
  • Business
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 ...
  • 14 February 2025
  • Business
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 ...
  • 23 January 2025
  • Energy and Commodities
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 ...
  • 17 January 2025
  • Business
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 ...
  • 12 January 2025
  • Business
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 ...
  • 8 January 2025
  • Business
oil prices

Oil Prices Fluctuate Amid Dollar Strength and Supply Concerns

Oil prices rise to near three-month highs, with Brent trading at $76, as a stronger ...
  • 7 January 2025
  • Business
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The surface of the human skin is 6.5 square feet (2m).

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