Dangote Refinery has raised petrol prices, the 2nd increase in 24 hours as crude oil hits $114, signaling higher fuel costs and inflation pressures across Nigeria.
Dangote Refinery has raised petrol prices, the 2nd increase in 24 hours as crude oil hits $114, signaling higher fuel costs and inflation pressures across Nigeria.
Nigeria's national grid faces collapse due to technical faults and poor maintenance, generating only 5,000MW. Solutions include metering and grid expansion.
Nigerians will ultimately cover the cost of prepaid meters through tariffs, despite the government’s insistence that the meters are being installed free of charge
Dangote Refinery has resumed gantry operations, adjusting petrol prices. The shift highlights tighter supply discipline in Nigeria's downstream market.
Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, based on production figures from the NUPRC and crude price data published by the CBN.
The NUPRC has opened 50 oil blocks across five basins for the 2025 licensing round, targeting technically strong firms and $10 billion investments.
Dangote Refinery's petrol price hike to N799 per litre sparks nationwide adjustments, as depot owners react to rising crude oil costs amid market volatility.
NNPC has adjusted petrol pump prices nationwide, with motorists now paying between N800 and N915 per litre and it is set to add more pressures on households.
Dangote Refinery hikes Premium Motor Spirit price to N799 per litre, causing confusion for marketers as Abuja petrol prices leap to N910 per litre.
Nigeria has raised N501 billion to settle historic electricity debts, aiming to enhance service for 12 million customers and restore confidence in the power sector.
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