Cooking Gas Prices Surge Above N1,100 Nationwide
Nigerians face painful cooking gas price hikes as costs reach N2,000 per kg in Abuja, Lagos, and other cities. Marketers blame supply disruptions and logistics challenges for the crisis.
Category : Search result: industrial power prices
Dangote Triggers Petrol Price Crash in Nigeria
Dangote Refinery's price cut forces filling stations to reduce petrol prices. MRS, AP, Heyden stations react as marketers halt imports. Read the latest market analysis.
UN Warns of Tech Giants' Dangerous Power Concentration
UN human rights chief Volker Turk expresses grave concern over tech giants' immense power and unregulated AI threatening global democracy. Learn why regulation is urgently needed.
FG Launches N250BN Food Security Fund
The Nigerian government unveils massive intervention fund to boost agricultural production and stabilize food markets across the nation.
Presco Plans ₦23.7 Billion Rights Issue for Expansion
Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.
NMA Supports Striking Doctors: Healthcare Crisis Deepens
The Nigerian Medical Association solidly supports resident doctors as their industrial action enters day six, paralyzing healthcare services nationwide while urgent negotiations continue.
Trump Unveils Plans to Cut Weight-Loss Drug Costs
Former President Donald Trump announces groundbreaking initiatives to reduce costs of popular weight-loss medications, potentially transforming healthcare access for millions.
Dangote Refinery Sparks Cooking Gas Crisis in Nigeria
Nigeria faces an impending cooking gas crisis as Dangote Refinery unexpectedly hikes prices by 25%, triggering panic among dealers and consumers across the nation.
Presco Launches ₦250B Rights Issue for Expansion
Nigerian agro-industrial giant Presco Plc unveils ambitious ₦250 billion rights issue to finance expansion projects and strengthen market position in the competitive palm oil sector.
Imo State Revives Aluminium Company with ₦500M
Imo State Government injects ₦500 million to resuscitate the moribund Inyishi Aluminium Company, creating jobs and boosting local manufacturing in Southeast Nigeria.
Seven Trapped in South Korea Power Plant Collapse
Breaking news from South Korea where seven construction workers remain trapped after a catastrophic collapse at a power plant site. Emergency crews race against time in dramatic rescue effort.
Jubaili Bros & Perkins Unveil Nigeria Energy Solutions
Leading power generation companies Jubaili Bros and Perkins Engines have launched innovative power solutions while mapping Nigeria's energy transition pathway towards sustainable development.
Dangote Refinery Slashes Diesel Price to ₦1,000/Litre
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Sentry Global Fights Transformer Explosions in Nigeria
Nigerian energy infrastructure receives groundbreaking protection system against transformer failures and explosions. Sentry Global's innovative solution addresses aging power infrastructure crisis.
Nigerian Startup Aims for Universal Clean Energy Access
Discover how a Nigerian energy company is revolutionizing access to clean power solutions across the nation, tackling energy poverty with innovative solar technology and affordable payment plans.
BMW Reports Profit Surge, Shares Jump 5.5%
German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.
Ondo State Set for Multiple Refinery Projects
Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Toyota Raises Profit Forecast Amid Nigerian Tariff Concerns
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Nigeria's Renewable Energy Expansion: Firms Boost Clean Power
Leading energy companies are accelerating Nigeria's transition to clean power with ambitious renewable energy projects that promise to transform the nation's electricity landscape.
Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
Australia Offers 3 Hours Free Solar Power Daily
Australia don launch groundbreaking solar initiative wey go provide millions of residents with three hours of free electricity every single day. This revolutionary policy na part of dem commitment to renewable energy.
NLC: Democracy Failing as Election Prices Soar
Nigeria Labour Congress raises urgent concerns about the deteriorating state of democracy and economic hardship facing citizens during election periods as basic commodity prices surge uncontrollably.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Cooking Gas Prices Surge: New Rates Shock Nigerian Households
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
Hallelujah Challenge Festival Prices Spark Outrage
A Nigerian woman's emotional video about inflated prices at Nathaniel Bassey's Hallelujah Challenge festival has sparked massive reactions online as attendees confirm shocking costs.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
Dangote Refinery Hits 70M Litres, NNPC Cuts Petrol Prices
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
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