Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
Category : Search result: energy sector reform
FG Mandates Financial Transparency for Nigerian Universities
Federal Government mandates full financial transparency for all tertiary institutions starting Q1 2024. Universities, polytechnics, and colleges of education required to publish detailed annual financial statements publicly.
Nigeria's Oil Chief to Address Pan-African Parliament
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
$5B Funding for 500,000bpd Nigerian Refinery
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
Australia Offers 3 Hours Free Solar Power Daily
Australia don launch groundbreaking solar initiative wey go provide millions of residents with three hours of free electricity every single day. This revolutionary policy na part of dem commitment to renewable energy.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
NLC Urges Workers to Build Political Power, Demands Health Reform
Nigeria Labour Congress calls for urgent healthcare reforms and political mobilization of workers to address systemic failures and improve working conditions across sectors.
Nigeria's Energy Future Depends on Local Expertise
Discover how Nigeria's energy sector is shifting from foreign dependency to homegrown solutions, with local capacity building becoming the cornerstone of sustainable power development.
Denmark launches revolutionary carbon-hydrogen plant
Denmark inaugurates revolutionary carbon capture and hydrogen production facility, marking significant milestone in Europe's clean energy transition and climate action efforts.
Activists Demand Oil Decommissioning Commission in Nigeria
Energy rights advocates stage powerful protest in Abuja, calling on National Assembly to pass crucial legislation addressing abandoned oil infrastructure and environmental hazards in Niger Delta communities.
BAT Nigeria Leads Private Sector Climate Action Drive
British American Tobacco Nigeria is spearheading Nigeria's energy transition with ambitious solar projects and advocating for stronger private sector leadership in climate initiatives across West Africa.
OPEC Poised for Major Oil Production Increase
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
FG Pays ₦12B Health Workers Arrears in 72 Hours
Federal Government commits to settling ₦11.995 billion in withheld salaries for doctors and healthcare professionals, promising payment within three days to resolve lingering industrial disputes.
Nigeria's 2060 Net-Zero Plan Needs Tech Boost
Energy specialists reveal Nigeria's ambitious climate targets require stronger technological infrastructure and digital innovation to become achievable reality.
Nigeria Converts Plastic Waste to Diesel Fuel
Groundbreaking Nigerian innovation transforms plastic pollution into valuable diesel fuel, offering dual solution to environmental waste and energy security challenges while creating economic opportunities.
Exxon & Chevron Profits Dive as Oil Prices Fall
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
Nigeria: Africa's New Oil Trading Powerhouse Emerges
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
Africa Must Scale Energy Supply Quickly: Transcorp President
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.
Cooking Gas Prices Set for Major Drop in Nigeria
Cooking gas marketers predict substantial price reduction as Nigeria targets 6 million metric tonnes to meet growing consumer demand and ease economic pressure on households.
Tinubu Cuts Petrol Import Duty to 15%
In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.
Rana Energy Raises $3M for AI Clean Energy in Africa
Nigerian energy startup Rana Energy raises $3 million in funding to expand its AI-driven clean energy solutions across Africa, tackling electricity challenges with innovative technology.
Shell Profit Jumps to $7.7B Amid Oil Price Surge
Shell records massive profit jump to $7.7 billion amid rising oil prices, signaling positive trends for Nigeria's oil-dependent economy and energy sector investments.
FG Plans Electricity Subsidy for Vulnerable Nigerians
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
Economic Saboteurs Threaten Dangote Refinery - NAPS
The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.
FG & Nasarawa Partner for Rural Mini-Grid Electrification
Federal Government collaborates with Nasarawa State to launch groundbreaking rural electrification initiative, bringing reliable power to underserved communities through innovative mini-grid technology.
Equinor's $251M Loss: Nigerian Oil Prices Plunge
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Nestoil Clarifies Receivership Situation with Lenders
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
Nigeria's Metering Crisis: 100K vs 7M Target
Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.
Nasarawa Teachers Turn Schools Into Gossip Centers
NSUBEB Chairman reveals how teachers in Nasarawa State have abandoned teaching duties for gossiping under trees and breaking melon seeds during school hours.
Nigeria Exports Solar Panels to Ghana
Nigeria achieves groundbreaking milestone in renewable energy sector as Minister of Power Adebayo Adelabu announces successful solar panel exports to Ghana, marking new era of regional energy collaboration.
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