Energy

The Nigerian Content Development and Monitoring Board (NCDMB) has announced new measures aimed at ensuring that only qualified Nigerian companies...

Independent petroleum marketers have renewed calls for the restoration of fuel import licences, arguing that broader access to international fuel...

The Federal Government has called on petrol marketers across the country to reduce the prices of petrol and other petroleum...

The Federal Government has intensified efforts to reduce the cost of Premium Motor Spirit (PMS), commonly known as petrol, by...

The Federal Government, through the Tertiary Education Trust Fund (TETFund), has commenced construction of a 1.6-megawatt peak (MWp) solar photovoltaic...

Nigeria’s power sector can become more reliable and attractive to investors if the country focuses on expanding mini-grids instead of...

Nigeria's power sector continued to struggle despite substantial government intervention, with the Federal Government spending N358.32 billion on electricity subsidies...

The Federal Government spent N358.32 billion on electricity subsidies during the first quarter of 2026 as it continued to keep electricity tariffs...

Global investment bank UBS has reduced its oil price forecasts for 2026 and 2027 after the quicker-than-expected recovery of oil...

Nigeria's lubricant industry is facing mounting supply pressures as tightening global base oil availability threatens to disrupt imports, raising the...