A sharp drop in oil prices to around $60 per barrel has cast a shadow over the record-breaking shareholder payouts...
Global energy investment is set to hit a record $3.3 trillion in 2025 despite headwinds from elevated geopolitical tensions and...
Since 1973, June 5 has been celebrated annually as World Environment Day (WED). This day is dedicated to raising awareness...
Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel...
…Secures $375m Afreximbank financing to drive production Oando Plc, one of Nigeria’s indigenous energy groups, recorded a 267 percent rise...
Adebayo Adelabu, Minister of Power on Wednesday made a direct and urgent appeal to President Tinubu to prioritise the resolution...
Oando Plc, has announced a $550 million crude prepayment contribution to the Nigerian National Petroleum Company’s (NNPC) Project Gazelle. The...
Nigeria’s natural gas export sector has recorded a milestone, with volumes reaching their highest level in 15 months. This surge,...
…says CNG infrastructure recording progress The Presidential Compressed Natural Gas Initiative (PCNGI) has announced that the Compressed natural gas sector...
The President of the Dangote Group, Aliko Dangote, said that most Nigerians are unaware that they currently pay 55 per...
Dangote, President of the Dangote Group, has announced that the price of petrol in Nigeria is currently 55 percent below...
The Economic Community of West African States (ECOWAS) has issued a resounding call for an end to petrol imports within...
Nigeria’s chronic power shortages have birthed a booming generator economy, powering everything from roadside stalls to corporate towers. With households...
Summary: Power shortages are crippling Nigerian farmers and driving up food prices. From poultry to vegetables, the lack of reliable...
A recent BusinessDay poll on Nigeria’s power sector has found that most citizens have yet to see any improvement in...