Energy

The oil-producing alliance known as OPEC+ has decided to halt further production increases for the first quarter of 2026, following...

Nigeria's recent approval of a 15% ad valorem import duty on petrol and diesel represents a pivotal moment in the...

The indigenous energy major, Oando Plc, has delivered a remarkable turnaround in its nine-month (9M) results, yet the ripples of...

The Federal Government has suspended plans to introduce a 5 percent fuel surcharge until the economy shows signs of recovery,...

The Federal Government has defended its new 15 percent import duty on petrol and diesel, saying the measure is intended...

The Nigerian Electricity Regulatory Commission (NERC) has urged the Federal Government to re-evaluate how the $2 billion under the Rural...

For decades, Nigeria’s economic narrative has been inextricably linked to the fortunes of crude oil. As the nation’s primary source...

As the cost of liquefied petroleum gas nearly triples in some cities, households and small businesses are forced to make...

The Nigerian National Petroleum Company Limited (NNPCL) has initiated a comprehensive technical and commercial review of its three major refineries...

The Federal Government has successfully secured N700 billion from the Federation Account Allocation Committee to fund the deployment of 1.1...