Nigeria unlocks $800m Ima gas project after 53 years, targets LNG export boost
Nigeria has unlocked a long-dormant gas resource with a $800 million Final Investment Decision (FID)...
Energy
Dangote calls for African capital to stay home as industrial investment tops $50bn
Africa must retain more of its own capital and invest it in industries capable...
Energy inflation rebounds to 4.69% as fuel, power costs squeeze businesses
Nigeria’s energy inflation rose to 4.69 per cent in August 2026 from 4.40 per cent...
Petrol stays above N1,300 as cross-border price gap fuels smuggling-Dangote
The wide price gap between Nigeria and neighbouring countries is sustaining petrol smuggling and contributing...
FG secures Chinese commitment for power equipment industrial park
The Federal Government has secured a commitment from Chinese power equipment manufacturer, TBEA, to establish...
Petrol tops N1,400 as $100 oil deepens cost-of-living squeeze
The price of Premium Motor Spirit (PMS) has climbed above N1,400 per litre in...
Nigeria’s Energy Paradox: Who Pays When Power Fails?
For decades, Nigeria has been described as a country blessed with abundant energy resources but...
Tegbe secures Chinese commitment to Nigeria’s power sector
Minister of Power, Joseph Tegbe, has secured fresh commitments from leading Chinese power engineering...
NUPRC moves to revoke idle flare gas permits
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned companies awarded flare gas sites...
Petrol imports jump 989% to N952bn as domestic supply falters
Nigeria’s petrol import bill surged almost 11-fold to N952.15 billion in the second quarter of 2026, exposing...
