Category : Energy Power


NOG Energy Week 2026 to Boost Africa's Energy Agenda

NOG Energy Week 2026, marking its 25th anniversary, will focus on implementing energy projects like the Gas Master Plan and African Atlantic Gas Pipeline to enhance Africa's energy security and economic growth.

Lagos Fuel Price Surge Sparks Commuter Outrage and Fare Hikes

A sudden N100 increase in ex-depot petrol prices by Dangote Refinery has triggered a chain reaction, with major marketers like NNPC and MRS raising pump prices to N975 per litre in Lagos, leading to widespread frustration and anticipated fare increases.

NNPC, MRS Hike Petrol Prices After Dangote Increase

Major oil marketers including NNPC and MRS have raised petrol pump prices by N100 per litre following Dangote Refinery's ex-depot price adjustment, citing global crude oil volatility and Middle East tensions.

Petrol Prices Jump 13% in Nigeria Amid Global Oil Rally

Nigerian petrol prices have skyrocketed 13% within two days following a global crude oil price surge. Major filling stations like MRS and AP have implemented new rates, with diesel costs also rising sharply, threatening recent inflation gains.

Cooking Gas Prices Rise N100/Kg in Nigeria

Depot owners across Nigeria have increased cooking gas prices by N100 per kilogram due to Middle East geopolitical tensions affecting global oil markets, impacting households and businesses.

Dangote Refinery, Depots Change Petrol Prices After Sales Halt

Dangote Petroleum Refinery and depot operators have suspended petrol loading due to rising global crude oil prices, leading to new pricing structures and diesel price hikes in Lagos. Experts warn of potential higher pump prices as geopolitical tensions dr

MDGIF Commissions CNG Station at OAU to Boost Clean Energy

The Midstream and Downstream Gas Infrastructure Fund has inaugurated a Compressed Natural Gas refueling facility at Obafemi Awolowo University, marking a significant step in Nigeria's energy transition and academic-industry collaboration.

Depot Owners Cut Petrol Prices to N789 to Compete with Dangote

Private depot operators in Nigeria have adjusted petrol prices to an average of N789 per litre, aiming to compete with Dangote Refinery's N774 rate. This move intensifies market competition, offering potential short-term price stability for consumers amid

AEDC Plans Near-24-Hour Power in FCT, 3 States by 2027

The Abuja Electricity Distribution Company announces ambitious plan to cut blackouts and deliver near-24-hour electricity to FCT, Niger, Kogi, and Nasarawa states through new gas plant and infrastructure upgrades.

Petrol Prices Drop 17.77% in January 2026, NBS Reveals

The National Bureau of Statistics reports a significant 17.77% year-on-year decrease in petrol prices for January 2026, with Cross River, Rivers, and Nasarawa recording the highest prices while Ekiti, Enugu, and Kaduna have the lowest.

REA MD Gets 24-Hour Ultimatum Over Billions in Funds

The House Committee on Renewable Energy has ordered the Rural Electrification Agency MD to appear within 24 hours to account for N151 billion in government funds and international grants received between 2015 and 2024.

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