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  • In the NewsMarketsOil & Gas

    Middle East Conflict May Push Petrol Price to ₦2,000 Per Litre – Marketers Warn

    by Ikeoluwa Juliana Ogungbangbe March 10, 2026
    by Ikeoluwa Juliana Ogungbangbe March 10, 2026

    KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has warned that petrol prices in Nigeria could soar to nearly ₦2,000 per litre if the ongoing crisis …

  • In the NewsOil & Gas

    Youth Groups say Dangote Refinery Can Meet Nigeria’s Fuel Needs

    by Oluwatosin Racheal Alabi March 9, 2026
    by Oluwatosin Racheal Alabi March 9, 2026

    KEY POINTS Socio-cultural groups operating under the umbrella of Ethnic Youth Leaders across Nigeria have assured citizens that the Dangote Refinery has the capacity to meet the country’s petroleum needs …

  • Energy TransitionIn the News

    DisCos Collect N207bn from N258bn Bills in December as Revenue Recovery Improves — NERC

    by Oluwatosin Racheal Alabi March 9, 2026
    by Oluwatosin Racheal Alabi March 9, 2026

    KEY POINTS The Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies, DisCos, collected N207.49 billion in revenue from N258.66 billion billed to customers in December 2025. The …

  • In the NewsOil & Gas

    Shell and Venezuela Agree to Develop Dragon Gas Project with First Exports to Trinidad by 2027

    by Oluwatosin Racheal Alabi March 9, 2026
    by Oluwatosin Racheal Alabi March 9, 2026

    KEY POINTS Global energy company Shell has signed a series of oil and gas agreements with the Venezuelan government that pave the way for development of the long-delayed Dragon offshore …

  • Oil & Gas

    NNPCL Raises Petrol Price Again, Marking Second Hike in 24 Hours

    by Oluwatosin Racheal Alabi March 9, 2026
    by Oluwatosin Racheal Alabi March 9, 2026

    KEY POINTS The Nigerian National Petroleum Company Limited, ,NNPCL, has increased its petrol pump price for the second time in less than 24 hours, following a gantry price hike by …

  • In the NewsOil & Gas

    Why Petrol Prices Keep Changing in Nigeria — NMDPRA Blames Market Forces

    by Ikeoluwa Juliana Ogungbangbe March 9, 2026
    by Ikeoluwa Juliana Ogungbangbe March 9, 2026

    KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has explained that the recent fluctuations in petrol pump prices across Nigeria are the result of market forces under …

  • Energy TransitionIn the News

    EKEDC Announces Three-Day Daytime Power Outage in Lekki for Network Upgrade

    by Ikeoluwa Juliana Ogungbangbe March 9, 2026
    by Ikeoluwa Juliana Ogungbangbe March 9, 2026

    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 …

  • In the NewsOil & Gas

    Israel Strikes Oil Facilities in Tehran as Iran Retaliates with Missile Attack

    by Ikeoluwa Juliana Ogungbangbe March 9, 2026
    by Ikeoluwa Juliana Ogungbangbe March 9, 2026

    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 …

  • In the NewsOil & Gas

    NNPC Turns to Foreign Crude to Sustain Dangote Refinery as Petrol Prices Soar

    by Ikeoluwa Juliana Ogungbangbe March 9, 2026
    by Ikeoluwa Juliana Ogungbangbe March 9, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Raises Petrol Price to N995 Per Litre as Global Oil Costs Surge

    by Oluwatosin Racheal Alabi March 8, 2026
    by Oluwatosin Racheal Alabi March 8, 2026

    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 …

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