The Nigerian National Petroleum Company Limited (NNPC Ltd.) has again increased the pump price of Premium Motor Spirit (PMS), marking the second adjustment within 48 hours and deepening concerns over …
AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
Category:
Energy
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
Manufacturers’ energy, raw materials cost surges 21% to N1.01tn
Eight major manufacturing companies in Nigeria spent a combined N1.01 trillion on energy and raw materials in the nine months ended September 30, 2025, representing a 21.1 per cent increase …
- AfricaAFRICA NEWSEnergyEnergy Sector
Nigeria Targets 146,000 Daily Crude Production From Chevron-NNPC New Discovery
Nigeria’s drive to ramp up crude oil production received a fresh boost on Monday as the Nigerian National Petroleum Company Limited (NNPCL) confirmed a new oil and gas discovery by …
- Climate ActionCorporate GovernanceEnergy
Seplat Energy Drives ESG, Gas, and LPG Investments in Nigeria
Seplat Energy Plc has reaffirmed that oil and gas will remain a key part of Nigeria’s energy mix, while calling on operators to conduct their activities responsibly, efficiently, and sustainably. …
- Business and EconomyEnergyInfrastructureOil & Gas
DAPPMAN Flags Job Risk as Fuel Supply Pattern Changes
Nigeria’s downstream petroleum sector is facing a major shift as members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) raise concerns over persistently low activity levels across …
- Business and EconomyCorporate NewsEnergySustainability
Dangote Cement Rewards Distributors with ₦15bn Incentives
Dangote Cement Plc has rewarded its distributors and customers with incentives worth about ₦15 billion, in a move the company says is aimed at appreciating loyalty, resilience and strong performance …
TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the onshore assets of the Renaissance Joint …
The Federal Government has commenced enforcement of a 0.5 per cent levy on the wholesale price of petroleum products and natural gas, tightening regulatory oversight in the downstream segment of …
- BankingBusinessEconomyEnergyFinanceInfrastructurePower Sector
Sahara Power Services $438m Loan, Backs Nigeria Power Sector Growth Plans
by Radarr Adminby Radarr AdminSahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
- African EconomyBusiness and InvestmentEnergyInfrastructureOil & Gas
Africa Bets on Floating LNG to Fast-Track Gas Development
by Radarr Adminby Radarr AdminAfrica’s growing energy needs are pushing governments and investors to look for faster and safer ways to develop natural gas, and a new report has identified Floating Liquefied Natural Gas …