The Nigeria Labour Congress (NLC) has called on the Federal Government to consolidate the Ministries of Power and Petroleum Resources into a single Ministry of Energy...
Gold prices declined on Monday as surging oil prices, a stronger U.S. dollar, and shifting monetary policy expectations triggered a broad sell-off across the precious metals...
Global oil prices climbed sharply on Monday as escalating tensions in the Middle East triggered one of the most significant supply disruptions in recent years. Data...
Despite having one of Africa’s largest crude oil reserves, Nigeria’s production continues to lag behind global peers after decades of efforts to strengthen its energy sector....
Global oil prices climbed sharply on Thursday as escalating tensions in the Middle East triggered fresh concerns over supply disruptions, pushing Brent crude above the $115...
Nigeria’s power crisis worsened as several electricity generation companies shut down operations amid mounting debts estimated at about N6.8 trillion. Data from the national grid showed...
Global oil prices declined on Wednesday as renewed export flows from Iraq through Turkey’s Ceyhan port provided temporary relief to a market already strained by escalating...
Nigeria and the Republic of Togo are exploring opportunities to strengthen cross-border electricity trade as both countries seek to improve energy security and expand regional power...
Global oil prices remained above the $100 per barrel threshold on Monday as escalating tensions in the Middle East continued to raise concerns over potential supply...
Asian equities declined on Friday and remained on track for a second consecutive weekly loss as the ongoing conflict involving Iran continued to push oil prices...
