Energy
Petrol Landing Cost Now N870, Higher than Dangote’s Price
The landing cost of Premium Motor Spirit (petrol) has now averaged N870 per litre, reports by the Major Energies Marketers...
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Afreximbank Launches $3 billion Revolving Oil Trade Financing Programme to boost Intra-African, Caribbean Petroleum trade
The African Export-Import Bank (Afreximbank) has launched a $3 billion Revolving Intra-African Oil Trade Financing Programme. The facility aims to...
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Nigerian Government Launches “PowerHer 774” to Provide 3 Million Women with N5 million Worth of Renewable Energy Credit
The Federal Government of Nigeria, through the Ministry of Women Affairs, in collaboration with the Nigeria Consumer Credit Corporation (CrediCorp)...
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NNPC Subsidiary Set to Boost Nigeria’s CNG Infrastructure with New Acquisition
NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited, is preparing to acquire a 5.2...
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Kano State Targets $10 Billion Investment from Morocco for Renewable Energy and Minerals
Kano State’s ambitious partnership with Morocco is expected to be a game-changer for the region, with a focus on harnessing...
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NNPC Cuts Petrol Price to N880 in Lagos and N935 in Abuja
The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of premium motor spirit (PMS), commonly known as...
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Solar Costs are Holding Back SMEs From Achieving Net Zero
Despite increased government backing for renewable energy adoption, many small and medium enterprises (SMEs) in the UK are finding it...
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OPEC Trims Oil Demand Forecast as Tariffs and Market Volatility Weigh on Global Outlook
The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised its oil demand forecast downward for 2025, citing rising...
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Nigeria Cuts Natural Gas Price for Power Firms, But Experts Say Impact on Electricity Tariffs May Be Minimal
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has slashed the domestic base price of natural gas for power...
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NERC Sanctions 8 DisCos for Overbilling Unmetered Customers
The Nigerian Electricity Regulatory Commission (NERC) has imposed sanctions on eight power distribution companies (DisCos) for failing to comply with...
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