Lady Switches to Solar, No More Blackouts
Nsikak Effiong spent N800k on fuel before installing solar. She now enjoys 24/7 power, gave away her power bank, and says it's the best decision ever.
Category : Search result: OPEC supply cut
Oil Prices Slip to $61 Amid Venezuela Instability
Global oil prices fall to $61 per barrel due to Venezuela's instability. Analysts warn of further drops below $60 if US tensions persist. OPEC+ pauses production hikes.
NNPC Lowers Abuja Petrol Price, Dangote Boosts Supply
NNPC reduces petrol prices in Abuja to N815 per litre, offering relief. Dangote Refinery debunks shutdown rumours, delivers 43 million litres nationwide. Lagos prices remain steady.
Dangote Refinery Floods Market, Denies Shutdown Rumours
Dangote Refinery confirms full operations, dispelling false shutdown reports after loading 43.3 million litres of petrol in one day. Discover the impact on prices and market stability.
Fuel Prices Rise as Dangote Refinery Starts Maintenance
Ex-depot petrol prices surge to N805 per litre following Dangote Refinery's planned maintenance on its main gasoline unit. Get the latest on the shutdown, price impacts, and Dangote's assurances.
Diri Vows Steady Electricity for Bayelsa by January 2026
Governor Douye Diri pledges independent power plants to end Bayelsa's 29-year blackout. Get details on the new city and stadium projects announced.
Venezuela Crisis Puts Nigeria's N58tr Budget at Risk
Geopolitical shifts in Venezuela could crash oil prices, threatening Nigeria's N58.18 trillion 2026 spending plan and naira stability. Experts warn of a potential $10.24 billion revenue shortfall.
Diri Promises End to 29-Year Darkness in Bayelsa
Bayelsa Governor Douye Diri pledges independent power plants by end-January 2026, ending 29 years of blackouts. He made the vow at the Mgbidi 2026 crusade.
Army Arrests 2 Suicide Bombers Linked to Maiduguri Mosque Attack
Nigerian troops arrest two suspected suicide bombers in Borno and Yobe, disrupting terror logistics and revealing a plot involving 6 bombers. Read the full details of the operation.
How to Report Electricity Problems in Nigeria - NERC Guide
Nigerian Electricity Regulatory Commission outlines the official complaint process for power supply issues. Learn how to escalate from DisCo CCU to NERC Forum for resolution.
Nigeria's Power Grid Collapses, Supply Drops to 50MW
Nigeria's national electricity grid collapsed on Monday, December 29, 2025, causing a nationwide blackout. Only two distribution companies received power. Read for details and restoration updates.
NISO repairs vandalised Lagos-Escravos-Lagos gas pipeline
NISO announces repair of the Lagos-Escravos-Lagos gas infrastructure, leading to improved power generation. Learn how this affects national electricity supply and stability.
Nigerian States With Lowest Petrol Prices Revealed
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Nationwide Power Outage: Minister Gives 48-Hour Update
Minister of Power Adebayo Adelabu announces gas pipeline repairs will restore electricity nationwide within 48 hours. Read the full details on the grid collapse and regional impacts.
Maritime Drug Smuggling Threatens Nigeria's Ports
A new report reveals criminal gangs are using 'legitimate' forwarding businesses to move drugs via commercial vessels. SEREC calls for urgent tech and institutional reforms to secure Nigeria's ports and supply chains. Read more.
Telecom Sector Faces Major Cybersecurity Threats in 2026
Cybersecurity firm Kaspersky predicts advanced persistent threats, DDoS attacks, and supply-chain risks will target Nigeria's telecom sector in 2026. Learn the key threats and mitigation strategies.
Tinubu Cuts 2025 Budget, Presents N58.18tr 2026 Plan
President Tinubu moves to slash 2025 budget by over N6 trillion, presents N58.18 trillion 2026 estimates, and declares armed non-state actors as terrorists. Details on fiscal reforms and security measures.
NNPC Petrol Price List: Abuja N835, Lagos N840, Gombe N965
NNPC releases new petrol prices nationwide ahead of Christmas. Abuja is now the cheapest at N835 per litre, while Gombe is the most expensive at N965. See the full state-by-state breakdown here.
Police DSP Kills Self Over Arms Supply to Bandits
A Deputy Superintendent of Police in Niger State shot himself dead after being implicated in supplying AK-47 rifles and ammunition to bandits. Full details of the shocking incident inside.
Bank of England Cuts Interest Rate to 3.75%
The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.
IBEDC Blames Outages on Reduced Grid Supply
IBEDC apologises for prolonged power outages in Oyo, Ogun, Osun, and Kwara, citing reduced allocation from the national grid. The company is engaging with TCN for a solution. Read more.
Fuel Prices Fall Nationwide After Dangote Refinery Rate Cut
Nigerians witness a sharp drop in petrol prices after Dangote Refinery slashed its ex-depot rate. MRS leads with N739/litre in Lagos, while other cities adjust. Read the latest market updates.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
Asian Markets Drift, Oil Up on Venezuela Blockade
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
FG Issues N1.23tr Bond to Settle Power GENCO Debt
The Federal Government plans a N1.23 trillion bond to clear debts owed to power generation companies and restore liquidity in the electricity market. Read more.
Gas Constraints Cause Power Decline in South-East - EEDC
EEDC blames recent electricity supply decline on gas shortages affecting GenCos, leading to load shedding. The company apologises for the inconvenience and urges customer patience.
Gas Shortage Causes Major Drop in Nigeria's Power Supply
Nigeria's national grid confirms a sharp drop in electricity supply nationwide due to gas constraints affecting generation companies. Learn the impact and historical context of the power crisis.
Dangote Debunks Trump Feud Rumours, Cites US Crude Supply
Aliko Dangote dismisses rumours of US President Trump's opposition to his refinery, revealing it buys 100 million barrels of crude annually from America. Get the full story.
OmniPay Launches Solutions to Ease Supply Chain Pressure
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
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