Power constraints cut Transcorp revenue 13% as profit falls
Transmission bottlenecks and gas supply constraints have dragged down the nine-month earnings of Transnational...
Energy
Kenya pipeline deal opens Africa-wide fuel market for Nigerian refinery
Nigeria’s refining ambitions are extending beyond domestic fuel supply as Dangote Industries Limited moves...
FG steps up CNG drive to cut transport costs, targets one million vehicles
The Federal Government is stepping up efforts to expand the use of compressed natural...
Energy costs threaten Nigeria’s disinflation as monthly inflation jumps
Rising energy costs threaten to undermine Nigeria’s recent progress in curbing inflation, with the Rising...
N1.23trn power rescue faces test as grid output plunges 62%
Nigeria’s N1.23 trillion power-sector debt rescue is facing a critical test as electricity generation...
Fuel relief or hidden subsidy? Economist warns Tinubu’s petrol cushion lacks transparency
Fresh concerns have emerged over the Federal Government’s latest petrol price relief measures, with...
FG courts power investors as 350,000 meters roll out in three months
The Federal Government is courting fresh investment in Nigeria’s electricity sector, with accelerated metering,...
G7 releases 100m barrels as global fuel shock raises inflation risks
The Group of Seven (G7) has agreed to release 100 million barrels of crude oil...
Global fuel subsidy bill heads for $1.1trn as energy shock squeezes budgets
Governments around the world could spend as much as $1.1 trillion on fossil-fuel subsidies in...
NNPC’s N8.25trn forward-sale obligations raise pressure on future oil cash flow
The Nigerian National Petroleum Company Limited (NNPC) ended 2025 with N8.25 trillion in forward-sale obligations,...
