Energy

Nigeria secures $500 million AfDB loan to boost energy transition

The African Development Bank (AfDB) has approved a $500 million loan to support Nigeria’s...

Tinubu sacks Mele Kyari as NNPC chief executive

President Bola Ahmed Tinubu has sacked the group chief executive officer of the Nigerian...

Dangote Refinery cuts petrol price to N860 as naira strengthens

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of petrol, cutting...

BP to slash renewable investments, double down on oil and gas

BP is set to announce a major strategic shift, slashing its investments in renewable...

Nigeria to scrap electricity bands, hike tariff for all in 36 months

Nigeria is set to abolish its current electricity tariff band structure and transition to...

Nigerian govt confirms electricity tariffs set to rise again

Despite denials of an imminent 65 percent increase in electricity tariffs, the federal government’s...

Report: NNPC CEO Mele Kyari likely to go before 2025

The Group CEO of the Nigerian National Petroleum Company (NNPC), Mele Kyari, may be...

Nigeria govt finally approves ExxonMobil asset sale to Seplat

The federal government has finally approved ExxonMobil’s sale of its onshore assets to Seplat...

Nigerian researchers build low-wind turbines to power rural communities

By: Jesusegun Alagbe A team of five Nigerian researchers have developed an innovation to generate...

NNPC blames “financial strain” for petrol scarcity, a hint price may rise

The Nigerian National Petroleum Corporation (NNPC) Ltd. says it is facing a “financial strain”...

Nigerians struggle as cooking gas prices surge by 47% in last year

Soaring cooking gas prices are compounding the suffering of millions of Nigerians facing the...

NNPC’s stake in Dangote Refinery reduced due to non-payment

The Nigerian National Petroleum Corporation (NNPC) has seen its shareholding in the Dangote refinery...

Nigerians grapple with fresh petrol scarcity as prices rise

Fuel scarcity worsened across Nigeria on Monday, with most filling stations in Abuja and...

Siemens, PANA in partnership to modernize Nigeria’s power sector

Siemens, a global technology leader, and PANA Infrastructure, a Nigerian conglomerate, have announced a...

Nigerians to pay more as electricity rate goes up again

Nigerians are to pay more for electricity as distribution companies (DisCos) have announced another...

Nigeria boosts crude oil production with new Akwa Ibom field

The Nigerian National Petroleum Corporation (NNPC) has begun production at a new oil field...

More electricity customers moved to Band A as tariff reduced nationwide

The federal government has reduced the electricity rate for top tier users, weeks after...

Nigeria curbs power supply to neighbouring countries

The Nigerian government has directed the grid operator to prioritize domestic power supply and...

Ikeja Disco slashes electricity tariff for Band A customers

The Ikeja Electricity Distribution Company (IKEDC) announced a surprising reduction in tariff for its...

Nigerian govt confirms easing diesel rule for Dangote refinery

The Nigerian government has admitted the Dangote refinery is allowed to produce diesel with...