Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
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.
Multichoice Nigeria announces massive price cuts on DStv and GOtv decoders just in time for Christmas. Limited-time offers make premium entertainment more affordable for Nigerian families.
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.
Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.
NASU sounds alarm over worsening economic crisis as workers struggle to survive amid skyrocketing living costs and relentless fuel price hikes across Nigeria.
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
A Nigerian man's revelation of his entry-level compensation package at an oil company has sparked massive reactions online, with many stunned by the attractive benefits.
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
As gold prices hit unprecedented heights, a new generation of fortune seekers is flooding California's historic mining regions, creating a modern-day gold rush phenomenon.
OPEC+ agrees to boost oil output by 500,000 barrels daily starting January 2024, potentially impacting global oil prices and Nigeria's economic outlook.
Shocking new data projects over 34 million Nigerians will experience acute food insecurity in the coming years. Discover the driving factors and urgent solutions needed to prevent this looming catastrophe.
The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.
Nigerians rejoice as 22 vessels carrying petrol, frozen fish, and food items arrive Lagos ports, causing significant price drops across major markets. Get the latest on how this maritime boom is affecting commodity costs.
Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
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.
Lagos State Governor Babajide Sanwo-Olu has initiated a massive ₦2.7 billion financial relief program for vulnerable households, while the Federal Government expands its cash transfer scheme nationwide with ₦75,000 payments to millions of Nigerians.
President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.
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.
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 economic activities across Nigeria.
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.
The Federal Government has elevated food security to the highest national priority level, announcing comprehensive measures to combat hunger and ensure affordable food for all Nigerians.
Nigerian student groups are urging President Tinubu to prioritize domestic refining by allocating all crude oil to Dangote Refinery, promising cheaper fuel and economic revival.
American appliance giant Admiral launches in Nigeria, offering innovative refrigerators, freezers, and cooking solutions designed for Nigerian families seeking modern, efficient home living.
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, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.