featured

KEY POINTS The Eko Electricity Distribution Company, EKEDC, has announced a planned three-day power outage that will affect residents and businesses in the Lekki District of Lagos. The electricity distribution …

KEY POINTS Israeli warplanes on Saturday evening carried out airstrikes on oil storage depots and refining facilities in Iran’s capital, Tehran, according to reports by Israel’s public broadcaster. The attacks …

KEY POINTS The Federal Government, through the Nigerian National Petroleum Company Limited, NNPC, has begun sourcing crude oil from international traders to support operations at the Dangote Petroleum Refinery amid …

KEY POINTS The Dangote Refinery has raised the ex-gantry price of Premium Motor Spirit, petrol, to N995 per litre, marking a N121 increase from its previous rate of N874 per …

KEY POINTS Global oil prices have surged past $90 per barrel following the escalating conflict involving Iran, triggering fears of another wave of global inflation. The international oil benchmark, Brent …

KEY POINTS Nigeria’s national power grid is once again under strain, with only a small number of power plants contributing electricity to the system. Latest operational data from the Nigerian …

KEY POINTS South Africa’s state-owned power utility, Eskom, has issued a formal notice warning that it could reduce or completely interrupt electricity supply to large parts of the Ekurhuleni Metropolitan …

KEY POINTS The Edo State House of Assembly has summoned the management of the Benin Electricity Distribution Company to appear before lawmakers over the persistent and worsening electricity outages across …

KEY POINTS Nigeria’s electricity generation has fallen below the 4,000-megawatt mark due to ongoing gas supply challenges, the Nigerian Independent System Operator, NISO, reported on Thursday. As of 5 a.m., …

KEY POINTS President Bola Tinubu on Thursday announced the successful conclusion of a landmark settlement between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL) over the …