Nigeria was thrown into darkness once again as the nation’s power grid collapsed early Monday morning. The collapse occurred at exactly 1:47 am, according to officials...
In a landscape where global oil markets often sway with the slightest economic shifts, stability can be a rare commodity. However, amidst discussions from the U.S....
Amidst ongoing debates regarding Nigeria’s power sector and the financial dynamics surrounding it, the latest data from the Nigerian Electricity Regulatory Commission (NERC) has revealed significant...
The Port-Harcourt refinery with a capacity of 210,000 barrels per day, is poised to begin operations by the end of July. This announcement comes after several...
The Dangote Refinery has surpassed some of Europe’s largest refineries in terms of capacity, according to a recent report by Bloomberg. The $20 billion Dangote refinery,...
In a significant move toward a greener and more sustainable future for Nigeria’s transportation sector, the Presidency has announced plans to launch approximately 2,700 Compressed Natural...
Nigeria is setting its sights on attracting $5 billion worth of investments in its oil and gas sector, according to statements made by government officials during...
In February 2024, Nigeria’s oil and gas exploration activities surged with rig count increasing by 23% compared to the previous year. The rig count, a crucial...
The Nigerian National Petroleum Corporation (NNPC) is facing an increasingly daunting subsidy burden as oil prices continue to surge. Investigation has revealed that escalating crude oil...
A brewing dispute among African nations has thrown into question the location of Africa’s inaugural energy bank, with Nigeria encountering fierce resistance from at least six...
