Fuel prices at filling stations across Lagos and Ogun States have started falling below the N900 per litre mark following a N40 reduction in ex-depot prices by Dangote Petroleum Refinery. …
Energy
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BusinessDangote IndustriesEconomyEnergyMarketsNigeriaOil & Gas
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EconomyEnergyGOVERNMENTInfrastructureInternational RelationsNigeriaTechnology
FG Unveils $150,000 Solar Testing Centre to Tackle Substandard Products
The Federal Government has commissioned Nigeria’s first Mini-grid Simulation and Standardisation Centre, a $150,000 facility aimed at regulating the quality of solar components and promoting local manufacturing of renewable energy …
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DevelopmentEconomyEnergyEnvironmentGOVERNMENTNigeriaOil & GasPolicies
NUPRC Generates N28.11bn from Oil Licence Fees in Five Months
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …
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DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
IMF hails CBN’s reforms, warns Nigeria to adjust 2025 budget over oil revenue
The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …
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DevelopmentEnergyEnvironmentInfrastructureInternational RelationsPolitics
Ethiopia Completes Blue Nile Mega Dam Amid Regional Tensions
Ethiopian Prime Minister Abiy Ahmed has announced that the long-awaited Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile River is now fully completed. He made this known on Thursday …
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BusinessEconomyEnergyGOVERNMENTOil & GasPolitics
Oil Companies Oppose Govt’s Order to Supply Dangote, Local Refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
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DevelopmentEconomyEducationEnergyNigeriaTechnology
Instollar Launches Second Phase of InstallHER to Empower Nigerian Women in Solar Sector
Instollar Technologies has announced the second phase of its InstallHER Initiative, a clean energy training programme designed to increase the number of women participating in Nigeria’s growing solar energy sector. …
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AfricaAFRICA NEWSDevelopmentEnergyGOVERNMENTInfrastructurePoliciesTANZANIA
Tanzania Moves Forward With Nuclear Energy Plan
The Ministry of Energy has begun taking initial steps to implement President Samia Suluhu Hassan’s directive to introduce nuclear energy as part of Tanzania’s long-term plan for electricity generation. The …
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BusinessEnergyEnvironmentInfrastructureInnovationTransportation & Logisitics
Atlas Core Launches Clean Mobility Plan for Logistics and Urban Transport in Nigeria
A Nigerian clean energy infrastructure firm, Atlas Core Energy and Logistics, has unveiled a new initiative aimed at transforming the country’s transport and logistics sector. The company has officially launched …
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BusinessBusiness PoliciesEconomyEnergyINVESTMENTNigeriaOil & GasPolicies
Bureaucracy, Regulatory Hurdles Threaten Investment in Nigeria’s Oil and Gas Sector – Neconde Energy
The Nigerian oil and gas industry is battling serious investment and operational setbacks caused by excessive bureaucracy and a complex regulatory framework, according to Neconde Energy Limited, one of the …