FG takes major step to clear N4tn power sector debt
The Federal Government has moved closer to resolving Nigeria’s long-standing power sector debt after five electricity generation companies signed settlement ...
Tag: Energy
Oil Sector Repositions as Nigeria Seeks Stable Production
Nigeria’s oil and gas industry is recalibrating operations as producers navigate global price volatility, regulatory reforms, and rising operational costs. ...
Imports Still Supply 62% of Nigeria’s Petrol Despite Refinery Push
Petrol imports remained Nigeria’s primary source of fuel supply in 2025, accounting for nearly two-thirds of total consumption, despite increased ...
Cooking Gas Prices Crash Across Nigeria
In a significant relief for households and small businesses across the country, the price of Liquefied Petroleum Gas (LPG), commonly ...
Nigeria’s LNG Exports Hit Five-Year High as Gas Supply Improves
Nigeria recorded its strongest liquefied natural gas (LNG) export performance in five years in December 2025, as shipments rose to ...
Power Subsidies Near ₦2tn as Fiscal Pressure Mounts on FG
Nigeria’s electricity subsidy bill has risen to nearly ₦2 trillion, intensifying pressure on the Federal Government to reassess power tariffs ...
Cooking Gas Now Sells Around ₦1,000/kg as Supply Picks Up
Retailers and consumers of liquefied petroleum gas (LPG), commonly known as cooking gas, are reporting improved availability and more stable ...
Nigeria Risks Losing $2.5 Billion Solar Carbon Market as Experts Urge Swift Policy Action
Energy and climate experts are warning that Nigeria could miss out on an estimated $2.5 billion opportunity in the global ...
Dangote Refinery’s First U.S. Exports Valued at $18 Billion
Nigeria's Dangote Refinery has officially entered the U.S. market, marking a major milestone. According to shipping data, the first U.S.-bound ...
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