Energy

Oil prices hit one-year high as Israel-Iran war escalates

Oil prices jumped 7% to their highest levels in months on Monday, March 2, 2026, as Iran and Israel stepped…

4 months ago

OPEC+ mulls oil output boost as Israel-Iran war disrupts shipments

OPEC+ will consider a larger-than-expected oil output increase on Sunday, March 1, 2026, sources have disclosed The grouping has a…

4 months ago

Oil prices rise as US, Iran extend talks

Oil prices rose about 3% on Friday, February 27, 2026, as traders remained on alert for potential supply disruptions after…

4 months ago

Power generation drops to 4,300MW amid gas shortage ― NISO

The Nigerian Independent System Operator (NISO) says power generation has dropped to approximately 4,300 megawatts due to inadequate gas supply…

4 months ago

Oil prices drop amid Iran nuclear talks

Oil prices fell about 1% on Monday, February 23, 2026, as the United States and Iran prepared for a third…

4 months ago

Oil prices rise over US-Iran tensions

Oil prices rose and headed for their first weekly gain on Friday, February 20, 2026, on growing concerns that a…

4 months ago

Nigeria loses N1.76trn to OPEC production shortfall

Nigeria’s oil sector forfeited an estimated N1.76 trillion in potential revenue after failing to consistently meet its crude oil production…

4 months ago

Oil prices rise as traders weigh progress in US–Iran talks

Oil prices increased on Wednesday, February 18, 2026, after falling about 2% in the previous session as investors assessed progress…

4 months ago

Oil prices steady ahead of US–Iran nuclear talks

Oil traded little changed on Monday, February 16, 2026, with investors weighing the market implications of upcoming United States-Iran talks…

4 months ago

Tax ID data update applies only to corporate customers ― Ikeja DisCo

The Ikeja Electric Distribution Company (IKEDC) has reassured customers that its ongoing data update exercise introduced in compliance with the…

4 months ago

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