The Dangote Petroleum Refinery exported about 466,000 metric tonnes of jet fuel to Europe in June, overtaking shipments from the United States and becoming one of the continent’s leading suppliers, according to a report by S&P Global…
Electricity distribution companies collected N801.16 billion from consumers between January and April 2026 despite widespread power outages and supply constraints during the period, according to data from the Nigerian Electricity Regulatory…
Fuel marketers have warned they will shut down filling stations nationwide if the Federal Government attempts to impose price controls on petrol in the deregulated downstream sector. The National Publicity Secretary of the Independent Petroleum…
Households across parts of Nigeria are beginning to see lower prices for liquefied petroleum gas, commonly known as cooking gas, following improved supply and declining depot prices. Market data obtained by Nigerian Mirror showed that retail LPG…
Oil prices declined Monday as investors welcomed progress in talks between the United States and Iran, raising hopes for a broader agreement that could ease tensions in the Middle East and reduce risks to global energy supplies. The talks, held…
Nigeria’s two largest labor organizations said they will begin negotiations with the federal government over a new national minimum wage, arguing that soaring inflation and rising living costs have significantly reduced workers’ purchasing…
Petrol prices in Nigeria could decline to about 1,200 naira per liter in the coming days after the Dangote Petroleum Refinery reduced its ex-depot price amid falling global crude oil prices, petroleum marketers said. The refinery announced a…
Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit, commonly known as petrol, by 75 naira per litre following a decline in global oil prices linked to easing tensions in the Middle East. In a notice issued to fuel…
Global oil prices continued to decline Monday after the United States and Iran reached a ceasefire agreement aimed at ending months of hostilities and reopening the strategic Strait of Hormuz. Brent crude, the international oil benchmark, fell…
Nigerian marketers are preparing to import large volumes of liquefied petroleum gas (LPG), commonly known as cooking gas, as prices have surged by about 140% in many parts of the country amid supply shortages. Industry sources said cooking gas…
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