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DisCos bill N250.79bn, collect N205.53bn in July - NERC

Nigeria, Sept. 25 -- The latest commercial performance report by the Nigerian Electricity Regulatory Commission (NERC) has revealed that Nigeria's electricity distribution companies billed N250.79 bil... Read More


Ethiopia, Djibouti hail Dangote's $660 million pipeline as energy security boost

Nigeria, Sept. 25 -- Ethiopian Prime Minister Abiy Ahmed and Djibouti President Ismail Omar Guelleh have commended Dangote Group's $660 million Damarjog-Dewele Oil Terminal and Pipeline Project, descr... Read More


Nigeria, West Africa can emerge as global oil pricing hub - S&P Global

Nigeria, Sept. 25 -- The Executive Director, Strategy and Benchmarks at S&P Global Energy, Joel Hanley, has said Nigeria and the wider West African region have the potential to become a major pricing ... Read More


Dangote refinery drove Nigeria's petrol supply in August as NNPC refineries remain shut - Report

Nigeria, Sept. 24 -- Nigeria's domestic refining sector recorded increased crude oil intake and petrol supply in August, driven largely by the performance of the Dangote refinery, while the country's ... Read More


Tinubu hails $800m Ima Gas FID as Nigeria unlocks 50-year-old gas resource

Nigeria, Sept. 23 -- President Bola Tinubu has welcomed the $800 million Final Investment Decision (FID) on the Ima Gas Development Project by AMNI International, an independent oil and gas exploratio... Read More


NMDPRA approves 830,000-tonne petrol imports amid Dangote legal battle

Nigeria, Sept. 23 -- The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple companies ahead o... Read More


NMDPRA speaks on petrol price rise, regulatory action

Nigeria, Sept. 20 -- The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has acknowledged the financial strain caused by the recent increase in the pump price of Premium Moto... Read More


JPMorgan struggles to forecast oil price as Iran war deepens Nigeria's petrol concerns

Nigeria, Sept. 19 -- JPMorgan, one of the world's largest investment banks, says it no longer has a clear baseline view for the global oil market as the prolonged US-Israeli conflict with Iran continu... Read More


Sanusi urges CBN to leverage Fintech Data for savings, insurance

Nigeria, Sept. 17 -- The Emir of Kano and a former Central Bank of Nigeria (CBN) Governor, Sanusi Lamido, has called for deeper integration between Nigeria's financial system and the real economy to e... Read More


Cross River, Okomu National Parks added to CITES elephant monitoring network

Nigeria, Sept. 17 -- Cross River National Park and Okomu National Park in Nigeria have been added to the Monitoring the Illegal Killing of Elephants (MIKE) Programme of the Convention on International... Read More