Energy
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48Nigeria spends N9trn on petrol imports, Despite huge oil wealth
Nigeria’s dependence on imported petrol persisted in 2025, with oil marketers spending N8.96tn on Premium Mo- tor Spirit imports between January and...
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44Reps Warns Nigeria May Face Petrol Scarcity In 48 Hours, Blames Supply Crisis
Nigeria may face acute fuel shortages within the next 48 hours if urgent steps are not taken to address mounting supply challenges,...
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60Nigeria With 39.6% Leads Countries With Highest Petrol Price Hike—Survey
Since Middle East conflict BY BONNY AMADI With Agency Report Africa’s top crude oil producer, Nigeria has recorded the sharpest increase in...
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40$13B in African Power Investment Is Waiting – Proven Sponsors Can Deliver
Africa’s power sector is drawing growing global capital attention, with investment reaching an estimated $13.84 billion in 2025 across energy deals –...
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68NNPC lowers pump price of petrol in Lagos, Abuja
The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of petrol at its retail outlets to N1,130 per litre...
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78Nigeria’s Petrol consumption drops to 56.9million litres daily
Nigeria’s average daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, fell to 56.9 million litres in February 2026, down...
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53African Oil and Gas Industry to Boycott Africa Energies Summit
Over Local Content, Representation Concerns The African Energy Chamber (AEC) the voice of the African energy sector – is calling for an...
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72
Anxiety as N1,200/Litr new Petrol Price Triggers 100% Rise in Transport Fare
BONNY AMADI WITH AGENCY REPORT Nigeria, with a refinery that sources crude locally, is currently hard hit on rising petrol price, by...
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70Petrol Price may hit N1,500, as Dangote Refinery Increases Price again
now sells at N1,175/litre BY BONNY AMADI Pump price of petrol in home to Africa’s largest producer of crude may hit N1500...
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93US court jails ex-NNPC GM for 87 months over $2.1m bribe from Chinese oil firm
A United States district court has sentenced Paulinus Okoronkwo, a Nigerian American, to 87 months in prison for receiving a $2.1 million...
