Energy

Amid escalating tensions in the Middle East following Iran's aerial attack on Israel, market watchers are warning of the potential...

Nigeria's crude oil production faced a second consecutive monthly decline in March, dropping to 1.231 million barrels per day (mbpd),...

Nigeria's sovereign fund is set to embark on a groundbreaking venture to construct a 20-megawatt solar power plant in collaboration...

The power sector in Nigeria continues to face challenges, despite recent policy directives aimed at addressing key issues. The struggles...

The European Union (EU) has announced a substantial investment of €37 million in Nigeria's power sector, adding to the approximately...

The Nigerian Electricity Regulatory Commission (NERC) is mulling over the possibility of another price increase for prepaid meters, responding to...

Africa’s largest oil refinery, the Dangote Refinery, has taken a significant step forward in its operations by initiating tenders to...

Independent oil marketers in Nigeria have expressed their capability to sell premium motor spirit, commonly known as fuel, at prices...

Nigeria's crude oil production experienced a minor decline to 1.42 million barrels per day (mbpd) in January 2024, as revealed...

The landing cost of imported petrol has skyrocketed to over N1,000 per litre as Nigeria's foreign exchange crisis worsens, according...