The Ikeja Electricity Distribution Company (IKEDC) has revised its electricity tariff for Band A customers, increasing the rate from N206.80/kWh to N209.5/kWh. This new tariff, set...
In a significant protest against an anti-smuggling operation, nearly 2,000 petrol stations in Nigeria’s North-East have shut down, causing widespread fuel shortages and forcing motorists to...
The stark contrast in power generation between Nigeria’s national grid and Dangote Refinery has come into sharp focus as Dangote Refinery generates twice the national power...
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...
