Energy

DisCos generate N570bn in Q3 2025 ― NERC

The Nigerian Electricity Regulatory Commission (NERC) has disclosed electricity distribution companies (DisCos) collected N570.25 billion in the third quarter of…

2 months ago

Power supply increases over Lagos-Escravos gas pipeline repairs ― FG

The Federal Government says power generation has increased nationwide following the repairs and restoration of the vandalised Lagos-Escravos gas supply…

3 months ago

Oil prices slip after US govt threatens to sell Venezuelan crude

Oil prices slipped on Tuesday, December 23, 2025, as traders weighed geopolitical risks against bearish fundamentals, after the United States…

3 months ago

Marketers seek Tinubu’s intervention in NMDPRA, Dangote face-off

Some oil and gas marketers have called on President Bola Tinubu to urgently resolve the ongoing trade war in the…

3 months ago

Oil prices slip amid Russia-Ukraine peace deal talks

Oil prices fell on Tuesday, December 16, 2025, as prospects for a Russia-Ukraine peace deal appeared to strengthen. This raised…

3 months ago

Dangote: NMDPRA approved ‘reckless’ licences to import 7.5bn litres of petrol

The President of the Dangote Group, Aliko Dangote, has accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of…

3 months ago

Dangote: Petrol’ll sell for N740/litre in Lagos from Tuesday

The President of Dangote Group, Aliko Dangote, says Premium Motor Spirit (PMS), fondly called petrol, would sell at no more…

3 months ago

Oil prices rise over Venezuelan supply disruptions

Oil prices rose on Monday, December 15, 2025, as supply disruptions linked to escalating United States-Venezuela tensions outweighed oversupply worries…

3 months ago

Yuletide: Dangote refinery reduces petrol price to N699

Dangote Refinery has slashed its ex-depot petrol price to N699 per litre, down from N828, in a move aimed at…

3 months ago

Oil prices near 2-week high as investors eye US interest rate cut

Oil prices hovered at a two-week high on Monday, December 8, 2025, as investors expect a likely United States Federal…

3 months ago

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