Energy

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…

2 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…

2 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…

2 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…

2 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…

2 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…

2 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…

2 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…

3 months ago

Dangote refinery’s production block hits 650,000bpd capacity

The Dangote Petroleum Refinery has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation…

3 months ago

Oil prices drop as traders weigh supply risks amid US–Iran talks

Oil prices dropped on Tuesday, February 10, 2026, as traders gauged the potential for supply disruptions after United States guidance…

3 months ago

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