Governor Abdullahi Sule stated the US threat against Nigeria was not religiously motivated but rooted in self-interest, calling for unity beyond faith.
Dangote Refinery has reduced the petrol price by N49, triggering fresh price reductions at filling stations as competition intensifies in the downstream sector.
Geometric Power Limited, Nigeria's first integrated power company, has begun plans to construct a N1.8 billion 43km 33KVA power lines to industries in Abia State.
Commercial drivers have reacted to the new fuel prices announced by Dangote Petroleum Refinery and the Nigerian National Petroleum Company (NNPC) Limited.
Canada’s Africa Oil Corporation has announced plans to take control of Prime Oil & Gas Coöperatief with indirect interests in the deep-water Nigerian field.
In Nigeria, many still depend on firewood or kerosene as cost-effective alternatives for cooking but far more costly due to health risks and environmental damage.
The Nigerian government has announced an increase in power generation to 6,000 megawatts of electricity, which it said is the first in Nigeria's history.
Oil prices fell almost 2% to a 12-week low this week on rumors that OPEC+ will proceed with a planned increase in oil supply in April but the naira remains unstable.
Crude oil prices have fallen to a 12-week low, sparking speculations that petroleum product prices could crash further as Nigerian oil refiners continue price war.
Nearly three months after the set deadline, Nigeria's power sector finally hit the 6,000MW target. Minister for Power has given conditions to get to 7,000MW
An expert has said that Nigerians may have to pay more than N1,000 for petrol if the ongoing price competition between Dangote Refinery NNPCL comes to an end.
Energy
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