Energy

NUPRC: We didn’t collect bribe during 2024 oil licensing bid round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has denied any underhand dealings in the allocation of oil blocks during the…

9 months ago

NNPC slashes petrol price to N880/litre in Lagos, N935/litre in Abuja

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit (PMS), otherwise known as…

9 months ago

Minister: Power sector generated N1.7trn revenue in two years

The Minister of Power, Adebayo Adelabu, has disclosed that the sector generated N1.7 trillion revenue between 2023 and 2024. The…

10 months ago

NSCDC uncovers 5 illegal crude oil dumps, nabs 7 suspects in Abuja

The operatives of the Nigeria Security and Civil Defence Corps (NSCDC) have uncovered five illegal crude oil dumps in the…

10 months ago

Again, Dangote refinery reduces petrol price to N835/litre

Dangote refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), fondly called petrol, to N835 per litre. Dangote…

10 months ago

NMDPRA: Nigeria’s petrol importation reduced by 29.9m litres in 8 months

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country has significantly reduced its importation of Premium Motor…

10 months ago

Blackout looms as GenCos threaten shutdown over 4trn debt

The Power Generation Companies (GenCos) have appealed to the Federal Government and stakeholders in the power sector to settle over…

10 months ago

Troops uncover 11 new illegal bunkering facilities, nab 7 suspects

The troops of the Nigerian Army have uncovered 11 new bunkering facilities and made some seizures during a six-day operation…

10 months ago

Nigeria’s gas reserves hit 210.54tcf as crude oil rises to 37.28bn barrels

Nigeria’s crude oil and gas reserves have hit a record high of 37.28 billion barrels and 210.5 trillion cubic feet,…

10 months ago

NERC fines 8 DisCos N628m for overbilling customers

The Nigerian Electricity Regulatory Commission (NERC) has fined eight Electricity Distribution Companies (DisCos) N628,031,583.94 for non-compliance with capping of estimated…

10 months ago

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