The Energy Transparency and Market Justice Initiative warns President Tinubu that new petrol import permits may strain Nigeria's foreign exchange reserves and hinder domestic refining efforts, urging policy reconsideration.
The Transmission Company of Nigeria has scheduled a nine-hour power outage in parts of Lagos for maintenance on the Akangba-Ojo transmission line, affecting Apapa, Kirikiri, and Satellite Town.
Dangote Petroleum Refinery has restored petrol ex-depot price to N1,175 per litre, causing depot owners to temporarily suspend sales to prevent losses. Loading operations were paused for stock reconciliation amid global crude oil price increases.
EKEDC announces planned power outage in Lekki from March 13-15, 2026, for network upgrades to improve electricity supply reliability in Lagos.
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Power Minister Adebayo Adelabu calls for patience from Nigerians, asserting President Bola Tinubu has robust plans for the electricity sector despite worsening power shortages and a N3.3tn debt crisis.
Youths in Lagos protested worsening electricity outages on March 12, highlighting gas supply constraints and Tinubu's unkept campaign promise for 24-hour power supply.
Nigerians face worsening electricity shortages as gas suppliers halt services to power plants over N3.3tn debt, with protests erupting nationwide and government initiatives facing scrutiny.
Nigeria's LPG market sees fresh price adjustments as Dangote Refinery reduces cooking gas to N790 per kilogram. Private depots and retailers adjust rates amid global oil volatility driven by Middle East tensions.
The Federal Government has affirmed it will not intervene to control petrol prices despite Middle East tensions, allowing market forces to determine costs. Finance Minister Wale Edun stated intervention would only be a last resort, highlighting CNG expans
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted import permits to six marketers for 30,000 metric tonnes each of petrol. This comes as industry data reveals Dangote Petroleum Refinery supplied 92% of Nigeria's petrol in Fe
Nigeria's petrol market undergoes dramatic transformation as federal government suspends import licenses, giving Dangote Refinery 92% market share in N14.4 trillion annual industry. Experts warn of monopoly risks while regulators defend policy shift.
Petrol prices at NNPC and other filling stations have dropped significantly after Dangote Refinery reduced its ex-gantry price, providing relief to motorists and families across Nigeria.
Nigeria's electricity supply faces further deterioration as gas suppliers threaten to halt fuel deliveries to thermal power plants over N3.3 trillion in unpaid debts, with generation already falling below 4,000 megawatts nationwide.
EKEDC has scheduled a three-day electricity outage in parts of Lekki, Lagos, from March 13-15, 2026, for equipment upgrades to improve supply reliability.
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Residents of Lagos protested at Fadeyi on March 12, demanding an end to epileptic power supply and estimated billing, citing impacts on businesses and daily life.
Following Dangote Refinery's pricing adjustments, private depots across Nigeria have reduced petrol loading rates, sparking intense competition in the downstream fuel market. Major hubs like Lagos, Warri, and Calabar see significant price cuts, potentiall
The African Energy Chamber urges African governments and companies to boycott the 2026 Africa Energies Summit in London due to alleged discriminatory hiring practices by organizers.
Enugu State government plans to generate 1,000 megawatts of electricity from coal reserves while cracking down on illegal mining operations across the state.
President Tinubu has directed the immediate rollout of 100,000 CNG conversion kits across Nigeria to provide cheaper fuel alternatives amid rising petrol costs, with prices hitting up to ₦1,380 per litre in major cities.
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The Nigerian Electricity Regulatory Commission has issued a directive requiring private transmission substation operators to register and obtain permits within 45 days to enhance grid stability and oversight.
Petrol prices in Enugu have surged to N1,500 per litre, forcing transport operators to raise fares. Many residents now trek between bus stops to cut costs, with further price hikes projected.
PE Energy Limited and Siemens AG are advancing efforts to modernize Nigeria's electricity infrastructure, deploying AI-driven grid technology and local engineering to tackle grid instability and metering issues.
President Bola Tinubu has directed the immediate nationwide deployment of approximately 100,000 compressed natural gas conversion kits to alleviate transportation costs amid rising fuel prices, driven by Middle East conflict.
The Nigerian National Petroleum Company (NNPC) has implemented a significant petrol price hike, raising rates by N180 in Lagos and other states. This marks the fourth increase in one week, with Dangote Refinery citing global market volatility as the prima
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Dangote Refinery's MD reveals that fees from 47 government agencies contribute to rising petrol prices, urging priority crude access for local refineries amid global supply disruptions.
Nigerian petrol prices surge dramatically as depot owners announce fresh rates following Dangote Refinery's adjustments amid global crude oil price volatility triggered by Middle East tensions.
PETROAN urges NNPC to revive domestic refineries to shield Nigeria from global oil shocks, warning petrol may reach N2,000 per litre due to geopolitical tensions.
Dangote Petroleum Refinery has authorized 20 selected marketers for limited petrol loading and increased ex-depot prices to N1,175 per litre, reflecting market dynamics amid global tensions.
Dangote Petroleum Refinery has raised petrol prices to N1,175 per litre and diesel to N1,620 per litre, marking the fourth price adjustment since March 2 amid global crude oil volatility.
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority explains that petrol price fluctuations are driven by market dynamics under a deregulated system, with prices now exceeding N1,000 per litre in many cities.
