In the News

KEY POINTS Motorists across Nigeria are facing another surge in petrol prices after the Nigerian National Petroleum Company Limited, NNPC, increased pump prices at its retail outlets. The national oil …

KEY POINTS Several communities in Niger State and parts of the North East are experiencing temporary power outages as the Transmission Company of Nigeria begins scheduled maintenance on critical transmission …

KEY POINTS Nigeria’s electricity sector recorded a modest improvement in metering coverage at the end of 2025, even as millions of consumers remain without meters and continue to face estimated …

KEY POINTS Nigeria’s electricity distributors installed more than 109,000 prepaid meters in December 2025, marking another step in the country’s slow effort to reduce estimated billing and improve transparency in …

KEY POINTS Nigeria can unlock large scale industrial growth through its vast natural gas reserves if it fixes long standing problems around regulation, pricing and infrastructure, a senior Shell executive …

KEY POINTS Oando Energy Resources has reaffirmed its commitment to Nigeria’s indigenous upstream oil and gas sector, following a strategic visit by Adegbite Falade, Chairman of the Independent Petroleum Producers …

KEY POINTS • Iraq has sharply cut oil production because the Strait of Hormuz closure has stopped exports and tankers from reaching ports.• Major oilfields including Rumaila, West Qurna 2 …

KEY POINTS MRS Oil Nigeria Plc announced a sharp increase in petrol prices at its retail outlets, raising the cost of Premium Motor Spirit to nearly N975 per litre. The …

KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has ordered all electricity distribution companies to pay customers N20.33 billion in outstanding meter reimbursements. The directive, effective March 1, 2026, requires …

KEY POINTS Africa’s richest businessman, Aliko Dangote, has signed off on a fleet deal that could reshape heavy duty transport across Nigeria. The president of the Dangote Group has ordered …