KEY POINTS The Centre for the Promotion of Private Enterprise, CPPE, has raised concerns that the recent surge in energy prices could endanger the survival of small and medium-scale enterprises …
In the News
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In the NewsMarketsOil & Gas
NLC Urges Federal Government to Intervene as Petrol Prices Soar to N1,300 per Litre
KEY POINTS The Nigeria Labour Congress, NLC, has called on the Federal Government to urgently intervene following the sharp increase in petrol prices, which have climbed to between N1,230 and …
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KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has called on the Federal Government to channel potential gains from rising global oil prices into the development …
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KEY POINTS Officials of the government of Togo have approached Nigeria to increase the volume of electricity supplied to the country as demand for power continues to surge across its …
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In the NewsOil & Gas
NUPRC Declares End to Era of Dormant Oil Licences as ‘Drill or Drop’ Rule Takes Effect
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has announced that the long-standing practice of oil companies holding petroleum licences without developing the associated assets has effectively come to …
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Energy TransitionIn the News
Nersa Sets New Deadlines for Municipal Electricity Tariff Applications Ahead of 2026/27 Financial Year
KEY POINTS The National Energy Regulator of South Africa, Nersa, has announced a new schedule for municipalities and electricity distributors to submit their tariff applications for the 2026/27 financial year. …
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In the NewsOil & Gas
France, Italy open talks with Iran to secure safe passage for ships in Strait of Hormuz amid Middle East conflict
KEY POINTS France and Italy have reportedly initiated diplomatic contacts with Iran in an effort to ensure the safe passage of their commercial vessels through the Strait of Hormuz, a …
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In the NewsMarketsOil & Gas
Dangote Refinery Raises Petrol Price to N1,175 per Litre Amid Global Oil Price Surge
KEY POINTS The Dangote Refinery has increased its ex-gantry price for Premium Motor Spirit (PMS), commonly known as petrol, to N1,175 per litre, marking a N100 rise from its previous …
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KEY POINTS Eskom is losing an estimated R6 billion annually in KwaZulu-Natal due to widespread electricity theft, with around 50% of its 1.2 million provincial customers illegally accessing power. Many …
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KEY POINTS The National Energy Regulator of South Africa, NERSA, has approved an electricity tariff increase of 8.76% for Eskom direct customers and 9.01% for municipal distributors for the 2026/27 …