The Federal Government has announced a comprehensive $2.5 billion strategy to settle power sector debts and upgrade transmission infrastructure, aiming to stabilize electricity for 12 million customers.
A Nigerian woman shares her experience switching to solar energy, spending N3.8 million for a system that powers her air conditioner and refrigerator round-the-clock.
The Nigerian government will restart petrol and diesel import permits by mid-February 2026 due to supply concerns as Dangote Refinery experiences falling crude deliveries and rising prices.
Nigeria has spent approximately ₦7 trillion on electricity since privatization in 2013, yet power supply remains unstable under four successive administrations. Experts blame partial privatization, corruption, and weak political will for the persistent da
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Dangote Petroleum Refinery has revealed its high-capacity gantry loading facility with 91 bays, capable of evacuating nearly 3,000 trucks daily to enhance fuel supply efficiency and reduce logistics costs across Nigeria.
Japan will restart the Kashiwazaki-Kariwa nuclear plant next week after fixing an alarm malfunction. This marks TEPCO's first reactor restart since Fukushima 2011, amid local opposition and national energy strategy.
Ghana's move to import petrol from Nigeria's Dangote Refinery could reshape West Africa's energy market, potentially affecting pump prices across the region while highlighting Nigeria's growing refining dominance.
NNPC Limited has revealed that Nigeria's four government-owned refineries were shut down due to persistent commercial losses, low utilization rates, and rising operating costs.
Dangote Refinery confirms petrol now sells at N839 per litre, marking significant reduction from previous highs while emphasizing role of local refining in lowering fuel costs across Nigeria.
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Nigeria's NNPC confirms discussions with a major Chinese petrochemical company for potential equity partnership to revitalize state-owned refineries through operational expertise.
Dangote Petroleum Refinery warns that petrol prices could approach N1,000 per litre if Nigeria continues relying on coastal fuel evacuation methods, citing N75 per litre additional costs.
The Nigerian government has disclosed that only about 200,000 smart meters have been installed under the DISREP program, blaming electricity distribution companies for slow deployment despite receiving hundreds of thousands of units.
Power generation companies have criticized the federal government's proposal to share electricity subsidy costs across all tiers of government, warning it could worsen sector liquidity issues.
The Federal Government and World Bank have unveiled a $500 million Distribution Sector Recovery Programme targeting DisCos nationwide to reduce losses, close metering gaps, and eliminate estimated billing.
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PETROAN condemns NNPC GCEO's comments on Port Harcourt Refinery, demands accountability for $1.5 billion rehabilitation funds, and warns against relying on private refineries.
Nigeria's NNPC is in advanced discussions with a Chinese petrochemical company and other investors to revive its four non-operational refineries through equity partnerships.
Electricity workers under NUEE and SSAEAC threaten nationwide strike over salary demands, risking blackout. Power Minister Adelabu urges realism amid revenue constraints.
NNPC GCEO Bayo Ojulari disclosed at NIES 2026 that political demands forced state refineries to operate despite internal reviews showing unsustainable losses and low efficiency.
Private depot owners across Nigeria are implementing strategic price reductions on petrol to attract customers away from Dangote Refinery, sparking renewed competition in the fuel market.
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Nigeria has officially handed over the African Energy Bank headquarters in Abuja, with operations scheduled to commence by June 2026. The bank aims to mobilize capital for energy projects across Africa.
Petrol and diesel prices remain elevated across Nigerian depots despite a 5% decline in international crude oil prices, with supply constraints driving local market dynamics.
The newly established African Energy Bank aims to mobilize $10 billion for strategic energy projects across Africa, with initial focus on Nigeria, Angola, and Libya to unlock stalled developments.
Nigerian petrol prices fell significantly in December 2025, with Oyo State emerging as the cheapest location for fuel purchases according to NBS data.
Petrol marketers warn Nigerians to prepare for irregular fuel supply due to rising import costs, heavy bank debts, and global oil price pressures that threaten to push pump prices higher.
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The Federal Government has directed state governments to begin sharing electricity subsidy costs through the Power Assistance Consumers Fund, replacing blanket subsidies with targeted support.
The Federal Government plans to end its solo funding of electricity subsidies, introducing a cost-sharing framework with state and local governments starting in 2026 to enhance transparency and sector stability.
Latest NBS data shows significant drop in cooking gas prices across Nigeria in December 2025, with Katsina emerging as the cheapest state for both 5kg and 12.5kg cylinders.
The Transmission Company of Nigeria has scheduled a four-day preventive maintenance exercise at the Ife/Ondo Transmission Substation, causing temporary power outages in parts of Ondo State from February 2-5, 2026.
The Nigerian Meteorological Agency forecasts thunderstorms and rainfall across central and southern regions from Tuesday to Thursday, advising residents to take precautions.
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Dangote Industries Limited has signed expanded gas supply agreements with NNPC to power its refinery, cement, and fertiliser plants, supporting cleaner energy and production growth.
