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Energy
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Fuel Costs Climb as Abuja Filling Stations Shut Down Amid Pricing Turmoil
Abuja experiences fuel shortages and price hikes as marketers struggle with dollar-denominated product sales and unresolved crude supply disputes following the Dangote Refinery's policy shift.
Cooking gas supply increases to 5.1 metric tonnes daily, reports NMDPRA
NMDPRA data shows LPG supply hit 5.1 metric tonnes daily in June, while retail prices for cooking gas have significantly dropped across Lagos following government-mandated distribution orders.
IPMAN Denies Halting Fuel Collection at Dangote Refinery
IPMAN has clarified that its members are still loading petrol at the Dangote Refinery, despite reports suggesting a boycott over dollar-denominated pricing.
ECOWAS Formalizes Deal for Nigeria-Morocco Gas Pipeline
ECOWAS member states have signed a vital intergovernmental agreement to begin the execution phase of the 6,900-kilometre Nigeria-Morocco gas pipeline project.
IPMAN Challenges NMDPRA Import Permits as Local Fuel Prices Remain Competitive
IPMAN has petitioned the NMDPRA to reconsider petrol import licenses, arguing that locally refined fuel is cheaper and more sustainable than increasingly expensive imported supplies.
ECOWAS Greenlights Nigeria-Morocco Natural Gas Pipeline Project
ECOWAS leaders have officially approved the $27 billion Nigeria-Morocco gas pipeline, a 6,000-kilometer project aiming to connect African energy markets to Europe by 2031.
Revitalizing the Nigerian Oil Sector: NUPRC’s Strategic Transformation
Under the leadership of Oritsemeyiwa Eyesan, the NUPRC is boosting Nigeria's oil sector through regulatory reforms, increased production, and a push for greater transparency and international investor engagement.
IPMAN raises alarm over surging import licences and potential fuel price hikes
IPMAN warns that an increase in petrol import licences is inflating fuel prices and straining the naira, urging the government to prioritize domestic refining to ensure stability.
Nigeria records 207% jump in petrol imports as local refining dips
New data from the NMDPRA reveals a sharp 207% increase in Nigeria's petrol imports during June 2026, driven by a decline in local refinery output and crude oil supply constraints.
Former TCN Chief Urges Meritocracy and Stable Policy to Resolve Nigeria’s Power Crisis
Former TCN boss Abubakar Atiku-Tambuwal asserts that Nigeria's power sector requires merit-based leadership and consistent policy to overcome deep-rooted systemic failures.