Energy

Lagos govt targets 3,000MW electricity supply to end blackouts

The Lagos State Government has announced plans to increase electricity supply to 3,000 megawatts (MW) from the current level of…

3 weeks ago

NNPC: Petrol discount not restoration of subsidy

The Nigerian National Petroleum Company (NNPC) Limited (NNPC) has clarified that its petrol discount initiative is a temporary customer relief measure…

3 weeks ago

‘No subsidy, public funds involved’: FG slams critics, defends NNPC petrol discount

The Federal Government has dismissed claims that the recent reduction in petrol prices at Nigerian National Petroleum Company (NNPC) Retail…

3 weeks ago

NMDPRA seals filling stations over petrol under-dispensing

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has expressed concern over under-dispensing of petrol by filling stations, in…

3 weeks ago

Power plants utilise 81% capacity in September — NERC

The Nigerian Electricity Regulatory Commission (NERC) says Nigeria’s grid-connected power plants utilised an average of 81 per cent of available…

3 weeks ago

FG unveils 4 investment frontiers to boost power supply

The Federal Government has identified four major investment opportunities in Nigeria’s multi-tier power market to improve electricity supply and drive…

3 weeks ago

FG announces petrol discount for one month

The Federal Government has announced a discount on Premium Motor Spirit, commonly known as petrol, dispensed by the Nigerian National…

3 weeks ago

Oil prices rise amid Middle East shipping attacks

Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase…

3 weeks ago

Oil prices rise as US storm, Houthi airstrikes threaten supply

Oil prices climbed on Wednesday, October 7, 2026, as the market weighed supply constraints from a storm heading for United…

3 weeks ago

DisCos generate N603.64bn in Q2 2026

The Nigerian Electricity Regulatory Commission (NERC) has announced that 11 Electricity Distribution Companies (DisCos) generated N603,64 billion in the second quarter…

4 weeks ago

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