The Nigerian National Petroleum Company Limited (NNPC Ltd) remitted a total of N7.91 trillion to the Federation Account between January and July 2026, reinforcing its contribution...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a sharp decline in profitability in July 2026, as lower crude oil and condensate production, weaker gas...
Nigeria’s electricity, gas, steam and air-conditioning supply sector contracted by 10.63% year-on-year in real terms in the second quarter of 2026, marking its second consecutive quarterly...
Dangote Petroleum Refinery and Petrochemicals is considering cutting petrol supplies to major marketers that continue to import Premium Motor Spirit (PMS), as imported fuel accounted for...
Nigeria recorded $11.16 million in outstanding electricity payments from Togo, Benin and Niger in 2025, despite the three countries being billed a combined $73.91 million for...
The Transmission Company of Nigeria (TCN) has added more than 8,500 megavolt-amperes (MVA) of transformation capacity to Nigeria’s electricity transmission network as part of a broader...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set the first quarter of 2027 as the new target for completing its proposed headquarters in Abuja, saying...
Nigeria’s 11 electricity distribution companies (DisCos) left ₦669.49 billion in unpaid electricity bills in 2025, despite billing customers a total of ₦2.99 trillion during the year....
The Federal Government has set a target of increasing power supply to 6,500 megawatts (MW) by December 2026 and 8,000MW by the end of 2027. The...
Nigeria’s domestic petrol supply fell by 21% in July 2026 as imported fuel increased, signalling a renewed reliance on foreign supplies despite the country’s growing refining...
The Nigerian National Petroleum Company Limited (NNPC Ltd) and contractors to the OML 118 Production Sharing Contract (PSC) have signed agreements to advance the Bonga Southwest/Aparo...
Nigeria’s oil production losses have dropped sharply from as high as 97% before President Bola Tinubu assumed office in 2023 to 2% as of June 2026,...
The Dangote Petroleum Refinery has expanded its free petroleum products delivery initiative to Kano, Imo, Anambra and Nasarawa states as part of efforts to reduce distribution...
Kenya’s proposed 10% holding is valued at about $500 million, while the combined regional stake could raise about $1.5 billion for the project. Aliko Dangote has...
The Nigerian Electricity Regulatory Commission(NERC) has commenced the transfer of regulatory oversight of the electricity market in Akwa Ibom State from the federal regulator to the...
Nigeria’s deep offshore oil production could receive a significant boost from the $10bn Bonga South project and eight other developments with approved Field Development Plans, the...
Geregu Power Plc has appointed Engr. Mohammed Sani Jaoji as its acting Chief Executive Officer following the end of Sean Manley’s tenure as interim CEO. The...
