Energy

FG approves $128m gas debt payment to boost power supply

The Federal Government has approved the payment of N185 billion ($128 million) to settle longstanding debts owed to gas suppliers…

2 weeks ago

Oil prices steady at $63.24/barrel

Oil prices held firm on Tuesday, December 2, 2025, as traders weighed up risks from Ukrainian drone strikes on Russian…

3 weeks ago

Oil prices rise over OPEC+ output plan

Oil prices rose on Monday, December 1, 2025, after OPEC+ members reaffirmed a plan to hold output steady. Brent crude…

3 weeks ago

Oil prices rise after hitting one-month low

Oil prices increased on Wednesday, November 26, 2025, after sliding to a one-month low in the previous session. Brent crude…

3 weeks ago

Oil prices drop amid Ukraine peace talks

Oil prices took a breather on Monday, November 24, 2025, as investors weighed the chances for a United States rate…

4 weeks ago

Dangote refinery: We didn’t reduce petrol price over 15% import duty reversal

Dangote Petroleum Refinery has debunked reports claiming that the recent reduction in petrol pump prices was over the Federal Government’s…

1 month ago

Oil prices drop as markets eye US govt reopening

Oil prices dropped a little on Wednesday, November 12, 2025, amid expectations that an end to the longest-ever United States…

1 month ago

Oil prices drop amid US sanctions on Russian firms

Oil prices dipped on Tuesday, November 11, 2025, as oversupply concerns outweighed uncertainty over the impact of United States sanctions…

1 month ago

Oil price rises to $64/barrel

Oil prices rose on Monday, November 10, 2025, on optimism that the United States government shutdown could end soon and…

1 month ago

Abuja DisCo sacks 800 workers

The management of the Abuja Electricity Distribution Company (AEDC) has sacked no fewer than 800 workers. This was contained in…

1 month ago

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