Ikeja Electric issued seven apologies in nine days over Band A’s missed 20-hour power target, citing grid faults and limits as premium customers face extra costs.
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Power outages hit Lagos, Abuja, 3 other states: FG explains electricity shortages
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NNPC, MRS, Mobil, other filling stations release new petrol prices as costs rise
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Petrol prices fall: Marketers cut rates below Dangote Refinery’s N1,300 per litre
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NNPC reverses increase, announces new petrol pump prices
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Dangote raises petrol price, depot owners react, announce new rates
Energy Latest News
FG unveils 70,000MW electricity plan, moves to develop 21 dams for power generation
Nigeria aims for 70,000MW of electricity by 2060, identifying 21 dams for hydropower as it seeks to strengthen the national grid and reduce energy costs.
3 major African oil refineries to watch in 2026, including Dangote's Kenya project
Major African refinery projects in Kenya, Angola and Uganda aim to boost local fuel production and cut imports, with capacities of up to 700,000 barrels per day.
Relief for Nigerians as Dangote Refinery-backed marketers slash petrol prices to N1,264/L
Dangote Refinery-backed marketers cut petrol prices to N1,264 per litre, as depot competition with independent depots raises hopes of relief for motorists.
DisCo announces six-hour power outage in 2 states, TCN confirms
DisCo has announced a six-hour electricity outage in parts of Abuja and Niger State as TCN carries out scheduled maintenance on its transmission network.
Petrol prices drop nationwide as marketers announce new rates at depots
Petrol depot prices declined across Lagos, Port Harcourt and Calabar, with Dangote offering the lowest rate at N1,290 per litre as marketers reduced prices.
Petrol prices: Depot owners release new rates nationwide as Dangote Refinery sells cheaper
MEMAN reports petrol depot prices of N1,323–N1,349 per litre across cities, while Dangote’s N1,210 rate and tighter import rules reshape Nigeria’s fuel market.
Dangote Refinery faces fresh competition as 7 new refineries prepare to begin operations
Seven modular refineries could add 83,000 bpd to Nigeria’s refining capacity in 2027, strengthening local fuel supply as Dangote reshapes the market.
NNPC plans to restart oil exploration in Borno after governor’s promise
NNPC plans to resume oil exploration in Borno after Governor Zulum pledged security support and urged the company to restore gas supply and upgrade equipment.
NGX hits record high as Dangote Cement leads market rally
The NGX rallied 0.47% as investors gained N779.31 billion, pushing market capitalisation to a record N164.97 trillion, driven by strong gains in Dangote Cement.
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