BY SYLVESTER THOMPSON Nigeria’s electricity crisis has deepened recently, as declining generation, gas supply constraints, and persistent grid instability have worsened outages...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s crude oil and condensates reserves dropped to 37.01 billion barrels as of...
The Nigerian National Petroleum Company (NNPC) Limited will allocate seven cargoes in May to Dangote refinery, an increase from the five allocated...
The industry-wide boycott of the upcoming Africa Energies Summit will continue as the conference organizers Frontier Energy Network refuse to abandon their...
BY BONNY AMADI I want to apologise, want to apologise, coming from me as a minister of power, for this temporary issue...
Petrol prices in Nigeria have further risen to record levels, eliciting fears of inflation as the conflict in the Middle East rages...
Nigeria’s petrol import bill dropped to $10 billion in 2025, according to Central Bank of Nigeria (CBN) data. In its 2025 balance...
Nigeria’s dependence on imported petrol persisted in 2025, with oil marketers spending N8.96tn on Premium Mo- tor Spirit imports between January and...
Nigeria may face acute fuel shortages within the next 48 hours if urgent steps are not taken to address mounting supply challenges,...