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Energy
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Dangote Refinery Adjusts Petrol Price and Reintroduces Naira Transactions
Dangote Refinery has officially resumed selling petrol in naira, setting a new ex-gantry price of N1,215 per litre following a recent period of dollar-denominated sales.
Unpaid Government Debts and Fuel Scarcity Force 191MW Ibom Power Plant Shutdown
Ibom Power Company Limited experienced nearly 11 months of idleness due to unpaid government debts and a subsequent cessation of gas supplies, highlighting systemic financial issues within Nigeria's power sector.
Ibiyemi: Minister Tegbe clears path for transparent electricity billing through metering reform
Power Minister Joseph Olasunkanmi Tegbe has resolved a legal dispute that stalled Nigeria's national smart meter rollout, clearing the way for improved billing transparency and consumer protection.
MEMAN Urges Enhanced Truck Regulation Amid Apapa Congestion Concerns
MEMAN defends its members against allegations of causing tanker congestion in Apapa, citing effective automated call-up systems and calling for stronger enforcement of transit protocols.
Nigeria expects 300,000 bpd increase via 2026 licensing bid round
The Nigerian government is targeting a production increase of 300,000 barrels per day through its latest oil block licensing round, with plans already underway for a follow-up 2026 bid phase.
NUPRC Selects 31 Winners for 37 Oil Blocks in Latest Licensing Round
The NUPRC has named 31 companies as winners of 37 oil and gas blocks following a competitive bidding round that drew interest from 143 firms.
31 Companies Secure 37 Oil and Gas Block Licenses in Latest Licensing Round
Nigeria has awarded 37 oil and gas blocks to 31 different companies following the 2025 licensing bid conference in Abuja.
Plateau State Emerges as Primary Beneficiary of Federal Government Renewable Energy Initiative
Governor Caleb Mutfwang of Plateau State announced that the state is a top beneficiary of the Federal Government's 750-million-dollar renewable energy program, launching a 1.5MW solar mini-grid to boost local power supply and industrialization.
Nigeria Plans 300,000bpd Production Boost Following 2026 Licensing Strategy
The Nigerian government projects a 300,000 barrel per day increase in oil production through the 2025 licensing round, with plans for further expansion in 2026 to reach national output goals.
Nigeria Pulls 13 Oil Blocks After No Bids Received
Thirteen oil and gas blocks are returning to the national licensing pool after failing to receive bids during Nigeria's 2025 Licensing Round.