Energy

NNPC slashes petrol price to N880/litre in Lagos, N935/litre in AbujaNNPC slashes petrol price to N880/litre in Lagos, N935/litre in Abuja

NNPC slashes petrol price to N880/litre in Lagos, N935/litre in Abuja

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit (PMS), otherwise known as…

15 hours ago
Minister: Power sector generated N1.7trn revenue in two yearsMinister: Power sector generated N1.7trn revenue in two years

Minister: Power sector generated N1.7trn revenue in two years

The Minister of Power, Adebayo Adelabu, has disclosed that the sector generated N1.7 trillion revenue between 2023 and 2024. The…

5 days ago
NSCDC uncovers 5 illegal crude oil dumps, nabs 7 suspects in AbujaNSCDC uncovers 5 illegal crude oil dumps, nabs 7 suspects in Abuja

NSCDC uncovers 5 illegal crude oil dumps, nabs 7 suspects in Abuja

The operatives of the Nigeria Security and Civil Defence Corps (NSCDC) have uncovered five illegal crude oil dumps in the…

5 days ago
Again, Dangote refinery reduces petrol price to N835/litreAgain, Dangote refinery reduces petrol price to N835/litre

Again, Dangote refinery reduces petrol price to N835/litre

Dangote refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), fondly called petrol, to N835 per litre. Dangote…

6 days ago
NMDPRA: Nigeria’s petrol importation reduced by 29.9m litres in 8 monthsNMDPRA: Nigeria’s petrol importation reduced by 29.9m litres in 8 months

NMDPRA: Nigeria’s petrol importation reduced by 29.9m litres in 8 months

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country has significantly reduced its importation of Premium Motor…

6 days ago
Blackout looms as GenCos threaten shutdown over 4trn debtBlackout looms as GenCos threaten shutdown over 4trn debt

Blackout looms as GenCos threaten shutdown over 4trn debt

The Power Generation Companies (GenCos) have appealed to the Federal Government and stakeholders in the power sector to settle over…

7 days ago
Troops uncover 11 new illegal bunkering facilities, nab 7 suspectsTroops uncover 11 new illegal bunkering facilities, nab 7 suspects

Troops uncover 11 new illegal bunkering facilities, nab 7 suspects

The troops of the Nigerian Army have uncovered 11 new bunkering facilities and made some seizures during a six-day operation…

1 week ago
 Nigeria’s gas reserves hit 210.54tcf as crude oil rises to 37.28bn barrels Nigeria’s gas reserves hit 210.54tcf as crude oil rises to 37.28bn barrels

Nigeria’s gas reserves hit 210.54tcf as crude oil rises to 37.28bn barrels

Nigeria’s crude oil and gas reserves have hit a record high of 37.28 billion barrels and 210.5 trillion cubic feet,…

1 week ago
NERC fines 8 DisCos N628m for overbilling customersNERC fines 8 DisCos N628m for overbilling customers

NERC fines 8 DisCos N628m for overbilling customers

The Nigerian Electricity Regulatory Commission (NERC) has fined eight Electricity Distribution Companies (DisCos) N628,031,583.94 for non-compliance with capping of estimated…

2 weeks ago
Dangote refinery reduces petrol price to N865/litreDangote refinery reduces petrol price to N865/litre

Dangote refinery reduces petrol price to N865/litre

Dangote refinery has reduced the price of its ex-gantry loading cost of Premium Motor Spirit (PMS), otherwise known as petrol,…

2 weeks ago