Serbia faces severe winter energy crisis as US sanctions on Russian-owned NIS refinery threaten fuel supplies. With reserves depleting by November 25, Belgrade's diplomatic balancing act hits critical point. Read full analysis.
Nigeria's Petroleum Industry Act has revolutionized oil governance in 4 years, boosting local refining and gas infrastructure. Discover how PIA achievements are shaping energy future.
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
NMDPRA reviews 215 gas projects targeting $20bn investment to boost Nigeria's gas economy. 70 priority projects identified with 15bscf/d demand potential by 2030.
Dangote Petroleum Refinery has increased petrol prices by N32 per litre just days after a reduction, causing depot operators to follow suit. Learn how this impacts Nigeria's fuel market.
Dangote Refinery's N59 price slash forces filling stations to reduce petrol rates. MRS, AP, Heyden stations adjust pumps as marketers halt imports. Discover how this affects Nigeria's energy sector.
G7 foreign ministers meet in Canada to address funding for Ukraine's war effort and counter China's dominance in critical mineral supply chains. Key global partners join the talks.
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.
Governor Dikko Radda launches massive water infrastructure project in Katsina State, promising to provide clean water to over 500,000 residents and transform agricultural activities in the region.
Adamawa State government has approved a groundbreaking ₦114 billion infrastructure plan targeting healthcare, water supply, and electricity projects across the state in a major development push.
As the global AI race intensifies, Nigeria's unreliable power supply threatens to leave the nation behind in the technological revolution. Discover how electricity is becoming the decisive factor in Africa's digital transformation.
Nigerian petrol marketers react strongly to President Tinubu's new 15% import tax policy, warning of severe consequences for fuel prices and economic stability across Nigeria.
Nigerian fuel market experiences dramatic shift as imported petroleum products undercut Dangote Refinery prices following President Tinubu's tariff reforms. Discover how this price war is reshaping Nigeria's energy landscape.
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.
China exempts Nexperia from Dutch semiconductor export restrictions, securing chip supply chain and highlighting strategic importance of Chinese-owned tech firms in global market.
Massive traffic crisis unfolds as Lithuania closes border crossings with Belarus, creating unprecedented queues and supply chain disruptions affecting international trade routes.
Breaking: China makes unexpected decision to lift rare earth export restrictions to European Union, reshaping global supply chains and economic dynamics. Official confirmation reveals strategic trade shift.
Nigerians face potential petrol price surge to ₦1000 per litre as oil marketers warn of dire economic consequences unless President Tinubu addresses critical issues immediately.
NVIDIA is shipping 260,000 cutting-edge AI chips to South Korea in a strategic power move that's set to revolutionize the country's artificial intelligence sector and global tech competition.
Nigerians brace for tougher times as the Federal Government's new petrol tariff could push pump prices to unprecedented levels while aiming to generate massive revenue.
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
Nigerian fuel depot owners have dramatically reduced petrol prices in response to competitive pressure from Dangote Refinery, bringing relief to consumers amid ongoing market shifts.
World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.
CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Significant economic boost expected as 16 vessels carrying petroleum products, general cargo, and containers prepare to dock at Lagos ports this week, enhancing Nigeria's supply chain.