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...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has described the Federal Government’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order,...
Nigeria’s crude oil and condensate production fell 4 per cent month-on-month to 1.67 million barrels per day in July 2026, although output remained above the country’s...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said West Africa’s plan to establish a regional benchmark for refined petroleum products will require stronger...
The Dangote Refinery accepted 52.6 million barrels of crude oil out of 68.1 million barrels offered by producers under Nigeria’s Domestic Crude Supply Obligation (DCSO) framework...
The Nigerian Electricity Regulatory Commission has dissolved the board of Kaduna Electricity Distribution Plc over N456.5bn in cumulative market obligations, citing prolonged financial defaults, inadequate investment...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has defended the performance of its management under Group Chief Executive Officer (GCEO), Bayo Ojulari, saying crude oil...
Nigeria is projecting up to $50 billion in offshore oil and gas investments by 2030 as it seeks to sustain the recovery in its upstream sector...
