Energy

Dangote Petroleum Refinery and Petrochemicals reported net income of N6.29 trillion for the nine months ended 30 September 2026, as...

Electricity distribution companies recovered N603.64 billion from customers in the second quarter of 2026 even as the volume of power...

Nigeria’s domestic refineries processed 683,000 barrels of crude oil per day in August 2026, a 16.75 per cent increase from...

Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit by N25 a litre to N1,325. The cut...

Brent crude eased to about $101.71 a barrel while US West Texas Intermediate slipped below $100 as investors assessed renewed...

Oil prices rose more than two per cent on Monday as renewed military exchanges between the United States and Iran...

Nigeria’s energy inflation rate declined to 4.37 per cent in July 2026, its lowest reading in four months, according to...

The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has said that Nigeria’s fuel subsidy bill could have ballooned to...

Nigeria’s foreign exchange demand for oil-sector imports rose sharply by 114.91 per cent in 2025, underscoring the country’s continued reliance...

The Nigerian National Petroleum Company Limited has cut the pump price of petrol from N1,335 to N1,299 per litre, a...