Browsing Category
Energy
Group urges Tinubu to halt fuel import licences
The Yoruba Council Worldwide (Igbimo Apapo Yoruba L’Agbaye) has urged President Bola Ahmed Tinubu to immediately…
NLC Warns 15% Fuel Import Duty Could Trigger Petrol Price Manipulation in Nigeria
The Nigeria Labour Congress (NLC) has warned that the federal government’s newly approved 15 per cent import duty…
Fuel Import Duty: Marketers Warn 15% Levy Will Drive Petrol Prices Above ₦1,000…
Oil marketers across Nigeria have raised alarm over the Federal Government’s newly approved 15% import duty on…
CSOs Applaud Tinubu’s 15% Fuel Import Tariff as Step Toward Energy Independence
A coalition of civil society organisations under the banner of the Coalition of Civil Rights Activists has…
OPEC+ Pauses Oil Output Increases for Q1 2026 After December Hike
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have announced plans to pause oil…
Transcorp CEO Owen Omogiafo Urges Faster Energy Access to Power Africa’s Economic…
The President and Group Chief Executive Officer of Transcorp Plc, Dr. Owen Omogiafo, has called for urgent action…
Oando Suffers $450 Million Revenue Loss as Dangote Refinery Reshapes Nigeria’s Oil…
Oando Plc, one of Africa’s largest integrated energy companies, has reported a significant $450 million decline in…
Seplat Energy Reports N3.36 Trillion Revenue in 9 Months, Declares 7.5 US Cents…
Seplat Energy PLC has posted impressive financial results for the nine months ended September 30, 2025, with…
Presidency Defends 15% Fuel Import Tariff
The Nigerian Presidency has confirmed that President Bola Tinubu has approved a 15 per cent import tariff on petrol…
Nigeria Launches National Carbon Market Framework to Unlock $3 Billion in Annual…
President Bola Tinubu has approved the adoption of a National Carbon Market Framework (NCMF), alongside the…
Bonny Light Holds at $66 as Market Eyes Trump-Xi Trade Breakthrough
Nigeria’s premium crude blend, Bonny Light, steadied at $66 per barrel on Wednesday, lifted by renewed optimism…
Petrol Price May Rise to ₦1,163 as Tinubu’s New Tariff Targets ₦4.8 Trillion…
Nigerians may soon pay as much as ₦1,163 per litre of petrol as the Federal Government introduces a new tariff…
Dangote Rejects NNPC Refinery Purchase, Urges Private Investors to Step Up
Africa’s richest man, Aliko Dangote, has dismissed suggestions that he should acquire one of Nigeria’s moribund…
BVI Court Orders Ex-Seplat Chairman Orjiako to Pay $220 Million in Landmark Debt…
In a landmark decision that has sent ripples across international financial and legal communities, the British…
JUST IN: Tinubu okays 15% import duty on petrol, diesel
President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on imported petrol and…
What we’re doing to get Nigeria’s refineries back on track — NNPC’s Ojulari
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr.…
Cooking Gas Price Surge Threatens Nigeria’s Clean Energy Transition Goals
The sharp and persistent surge in cooking gas prices across Nigeria is endangering the country’s clean energy…
Seplat Energy’s $1.1 Billion Earnings Surge in Nine Months, Driven by Mobil…
Seplat Energy Plc has delivered one of its strongest financial performances to date, reporting Earnings Before…
World Bank Forecasts Sharp Decline in Global Commodity Prices as Oil Surplus…
Global commodity prices are projected to drop to their lowest levels in six years by 2026, extending a four-year…
NUPRC Urges Bank of America to Prioritize Funding Nigeria’s Oil Sector Growth
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on the Bank of America and other major…
Energy Leaders Push for Policy Harmony to Boost Africa’s Oil and Gas Integration
At the 19th Oil Trading and Logistics (OTL) Africa Downstream Energy Week 2025 in Lagos, regulators and industry…
FG Secures ₦700 Billion to Deploy 1.1 Million Electricity Meters by December 2025
The Federal Government has announced it has secured about ₦700 billion from the Federation Account Allocation…
NNPCL Launches Strategic Infrastructure Projects to Boost Nigeria’s Oil and Gas…
The Nigerian National Petroleum Company Limited (NNPCL) has unveiled a major strategic infrastructure development…
Gas Marketers Set 6 Million-Tonne LPG Supply Target, Forecast Price Drop as Local…
Nigeria’s Liquefied Petroleum Gas (LPG) marketers have announced plans to boost the nation’s annual gas supply to…
Nigeria’s GenCos Mark 10 Years of Privatisation Amid N4 Trillion Debt Crisis and…
Nigeria’s power generation companies (GenCos) yesterday commemorated a decade since the country’s electricity…
Dangote Refinery Expansion Gets Full FG Backing to Reach 1.4 Million BPD –…
The Federal Government has thrown its full support behind Dangote Refinery’s ambitious plan to expand its…
Dangote Refinery Eyes $55 Billion Annual Revenue as Afreximbank Considers $5…
Africa’s richest man, Aliko Dangote, has announced plans to expand the capacity of his Lagos-based Dangote…
Dangote Refinery Rehires Sacked Engineers, Redeploys Staff to Borno, Zamfara, and…
The Dangote Refinery has re-employed several engineers previously dismissed amid its dispute with the Petroleum and…
Dangote Refinery Expansion to 1.4 Million BPD Begins, Promises Stable Fuel Supply…
Africa’s richest man, Aliko Dangote, has officially kicked off the expansion of the Dangote Petroleum Refinery in…
Nigeria Energy Conference 2025 to Drive Investments and Reforms for a Sustainable…
The 12th edition of the Nigeria Energy Exhibition and Conference is set to return to Lagos from October 28th to…