Nigeria Risks Losing Energy Windfall Due to Policy Failures
Nigeria may forfeit a generational opportunity in global energy markets due to policy missteps and inconsistent crude supply at Dangote Refinery, warns expert Abdulrazaq Hamzat.
Category : Energy Power
Industrial Decarbonisation Critical for Climate and Economy
At the 2026 World Economic Forum, Schneider Electric's CEO Oliver Blum urged governments to boost policy support for industrial decarbonisation, highlighting its role in climate mitigation, profitability, and job creation.
NISO Reveals Cause of National Grid Collapse
The Nigerian Independent System Operator attributes Friday's national grid collapse to simultaneous tripping of 330kV transmission lines and disconnection of power generation units. Restoration efforts are ongoing across the country.
Nigeria's Petrol Price Variations Widen Amid Import Surge
Significant price differences for petrol have emerged across Nigerian cities, with MRS stations selling at N739 per litre while others charge up to N930. Analysts attribute this to increased fuel imports and uneven supply dynamics in the deregulated marke
FG Bans DisCos from Meter Installation Charges
The Federal Government has prohibited electricity distribution companies from collecting fees for meter installation under the DISREP program, warning of prosecution for violators.
National Grid Collapses First Time in 2026, Power at Zero
Nigeria's national electricity grid collapsed on January 23, 2026, with power generation dropping to zero megawatts, affecting all 11 distribution companies nationwide.
Elumelu Joins Seplat Board After Acquiring 20% Stake
Billionaire investor Tony Elumelu has been appointed as a non-executive director at Seplat Energy Plc after his firms acquired a 20.07% equity stake in the company, marking a significant shift in Nigeria's energy sector leadership.
Nigeria's First 2026 Blackout as National Grid Collapses
Nigeria experienced its first nationwide blackout of 2026 as the national power grid collapsed, dropping electricity generation to zero megawatts and affecting all 11 distribution companies across the country.
FG Bans Meter Installation Charges, Warns DisCos
Federal Government bans payment for meter installation, declaring it illegal. 500,000 smart meters arrive to close Nigeria's meter gap at no cost to consumers.
Petrol and Diesel Prices Rise at Nigerian Depots
Private depot owners in Nigeria have increased petrol and diesel prices, with petrol reaching N800 per litre in Lagos, Warri, and Port Harcourt due to import licence delays and reduced product inflows.
Japan Suspends World's Biggest Nuclear Plant Restart
Japan has suspended the restart of the Kashiwazaki-Kariwa nuclear plant after an alarm triggered during startup, with no timeline for resolution. The plant had been offline since the 2011 Fukushima disaster.
Nigeria Among Top 10 Cheapest Petrol Countries in 2025
Nigeria has been ranked among the top 10 countries with the cheapest petrol prices globally in 2025, thanks to Dangote Refinery's price reductions and increased local refining capacity.
Woman Cries Out Over Fast-Draining Free Prepaid Meter Units
A Nigerian woman shares her frustration as her free government-installed prepaid meter consumes N30,000 worth of electricity units in just 11 days, sparking online reactions.
Local Refineries to Cut Petrol Imports by 2026, Marketers Face Losses
Nigeria's downstream oil sector is undergoing a major transformation as Dangote Refinery and modular plants increase production, aiming to significantly reduce petrol imports by 2026 while fuel marketers face declining margins.
Kano Darkness: KEDCO Workers Strike Over Welfare Issues
Kano residents face prolonged blackout as electricity workers strike indefinitely over unpaid pensions and selective promotions. KEDCO denies allegations, claiming 80% pension payments made.
NAFDAC Enforces Ban on Sachet Alcohol Nationwide
NAFDAC has begun enforcing a ban on alcohol in sachets and small PET bottles to protect minors from health risks, following Senate authorization.
Cooking Gas Prices Soar Despite 87% Local Production in Nigeria
Nigeria's LPG market shows 87% domestic supply in 2025, yet households face rising prices due to high transport costs and distribution challenges despite declining imports.
Refineries Seek Govt Support to End Fuel Imports
Domestic refiners in Nigeria say they have enough capacity to reduce petrol imports in 2026 if crude supply challenges are addressed. CORAN calls for targeted funding and better data collection.
NNPC Struggles to Match Dangote Refinery's Petrol Pricing
The Nigerian National Petroleum Company faces challenges in aligning petrol prices with partners as Dangote Refinery offers competitive rates, impacting Nigeria's energy sector and economy.
Dangote's $350M Refinery Deal to Make Nigeria Fuel Exporter
Dangote Group's $350 million expansion of its Lekki refinery to 1.4 million barrels daily aims to end Nigeria's fuel imports and position it as a net exporter in West Africa.
Major Power Outage Hits Parts of Ibadan
IBEDC announces power outage across multiple Ibadan areas due to a major transformer fault. Businesses, media stations, and residential communities affected. Technical team working on restoration.
NNPC Petrol Prices Unchanged This Week Despite Global Oil Rise
NNPC will not adjust petrol prices this week, with Lagos cheapest at N785 and Gombe most expensive at N965. Depots cut prices to compete with Dangote Refinery. Full state-by-state breakdown inside.
Cooking Gas Prices Fall in Major Nigerian Cities
LPG prices see a significant drop in Abuja, Lagos, and other cities. Dealers cite improved supply and FX stability. Find out the new rates and what it means for households.
3 Modular Refineries Supply 2.4% of Nigeria's Diesel
New data reveals Waltersmith, Edo, and ARADEL refineries contributed modestly to diesel supply in December 2025, as Dangote Refinery ramps up petrol production. Read the full analysis.
Abuja Disco Restructures into HoldCo, Unveils New Subsidiaries
Abuja Electricity Distribution Plc (AEDC) has restructured into a Holding Company, creating Niger and Kogi DisCos to comply with the 2023 Electricity Act. Read about the new leadership and strategic goals.
Fuel Price Risk as 3 Refineries Shut Down
PETROAN warns prolonged shutdown of Port Harcourt, Warri, Kaduna refineries threatens fuel price stability. Marketers urge FG to restore operations by early 2026 to avert economic and political fallout.
Julius Rone: Nigeria's Energy Man of the Moment
Julius Rone of UTM Offshore clinches New Telegraph & The Sun awards for pioneering Nigeria's first FLNG project, boosting gas exports and energy security. Discover his impact.
Petrol Prices Fall in Lagos, Calabar as Competition Grows
Nigerians see relief as depot owners slash petrol prices to ₦702 per litre. Increased competition and supply drive the drop, with more reductions expected. Read the full analysis.
N-HYPPADEC, Taraba Govt Strengthen Ties for Development
N-HYPPADEC seeks stronger partnership with Taraba State to tackle environmental and socio-economic challenges in power-producing communities. Governor Kefas pledges full support.
Expert: Digital Tools, SaaS Can Transform Nigeria's Energy
Schneider Electric's Elijah Daniel urges investment in IoT, analytics & SaaS to tackle Nigeria's strained grid. He says tech must align with policy for real progress. Read the full analysis.
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