Nigeria's oil firms survive on $7 per barrel as insecurity tames profit
Nigeria’s oil producers are clinging to razor-thin margins despite crude prices hovering around $70. After paying for production and protection,...
- Friday, June 19, 2026
BusinessDay
Nigeria’s oil producers are clinging to razor-thin margins despite crude prices hovering around $70. After paying for production and protection,...
When Juwon Adesanya, a Lagos resident, installed a solar system on his home in August last year for about N1...
International energy companies bidding for oil and gas assets in Nigeria’s 2025 licensing round will not need to establish local...
Participants at the just-concluded Nigeria International Energy Summit (NIES) brought to the forefront the urgency required to facilitate the utilisation...
Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading...
…Prices hover at N1000/kg Nigeria households are finally catching a break at the stove. According to new data from the...
Aradel Holdings Plc breached the N1,000-per-share threshold on the Nigerian Exchange, becoming one of a rare clutch of stocks to...
Nigeria has the potential to transform the risks inherent in its oil and gas sector into opportunities for growth, provided...
A senior African energy executive has warned that the continent must urgently pursue coordinated policy-making and shared infrastructure or risk...
Ikeja Electric Distribution Company has given customers eight days to submit tax identification details or risk having their electricity supply...