NOG Energy Week 2026, marking its 25th anniversary, will focus on implementing energy projects like the Gas Master Plan and African Atlantic Gas Pipeline to enhance Africa's energy security and economic growth.
A sudden N100 increase in ex-depot petrol prices by Dangote Refinery has triggered a chain reaction, with major marketers like NNPC and MRS raising pump prices to N975 per litre in Lagos, leading to widespread frustration and anticipated fare increases.
The Nigerian Electricity Regulatory Commission has mandated electricity distribution companies to refund N20.33 billion owed to customers under the Meter Asset Provider scheme within 12 months starting March 2026.
Major oil marketers including NNPC and MRS have raised petrol pump prices by N100 per litre following Dangote Refinery's ex-depot price adjustment, citing global crude oil volatility and Middle East tensions.
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Nigerian petrol prices have skyrocketed 13% within two days following a global crude oil price surge. Major filling stations like MRS and AP have implemented new rates, with diesel costs also rising sharply, threatening recent inflation gains.
Dangote Petroleum Refinery has increased diesel ex-depot price by N170 to N1,050 per litre due to rising global crude oil costs linked to Middle East conflict, potentially affecting transport and manufacturing sectors.
Depot owners across Nigeria have increased cooking gas prices by N100 per kilogram due to Middle East geopolitical tensions affecting global oil markets, impacting households and businesses.
Petrol depot prices across Nigeria have surged close to N1,000 per litre following Dangote Refinery's price adjustment and Middle East geopolitical tensions, with retail stations in Lagos and Abuja rapidly increasing pump prices.
Dangote Petroleum Refinery and depot operators have suspended petrol loading due to rising global crude oil prices, leading to new pricing structures and diesel price hikes in Lagos. Experts warn of potential higher pump prices as geopolitical tensions dr
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Dangote Petroleum Refinery has increased its gantry price for petrol to N874 per litre, potentially driving retail pump prices nationwide to between N980 and over N1,000 per litre amid global crude oil volatility.
Dangote Petroleum Refinery increases petrol ex-depot price to N875 per litre, up from N774, due to global crude oil volatility. Marketers adjust pumps as prices rise.
Saudi Arabia has suspended some operations at its massive Ras Tanura refinery following a drone attack that caused a fire. The incident highlights escalating tensions in the Gulf region.
The Nigerian National Petroleum Company has lowered petrol prices in Lagos to N837 per litre, while NIPCO Gas announces expansion of 20 CNG stations nationwide at N380 per cubic metre.
The Transmission Company of Nigeria has scheduled a temporary power outage on the Benin-Ajaokuta 330kV transmission line for maintenance from February 27 to March 31, 2026, affecting several areas in Benin.
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Energy analysts caution that petrol and diesel prices in Nigeria could increase if global crude oil surpasses $90 per barrel, driven by escalating tensions between the US and Iran in the Middle East.
The Midstream and Downstream Gas Infrastructure Fund has inaugurated a Compressed Natural Gas refueling facility at Obafemi Awolowo University, marking a significant step in Nigeria's energy transition and academic-industry collaboration.
Private depot operators in Nigeria have adjusted petrol prices to an average of N789 per litre, aiming to compete with Dangote Refinery's N774 rate. This move intensifies market competition, offering potential short-term price stability for consumers amid
Eko Electricity Distribution Company instructs corporate and maximum demand customers to provide tax identification details by February 28, 2026, to comply with Nigeria Tax Act 2025, with non-compliance risking invalid invoices and service suspension.
Nigeria faces nationwide blackouts as gas supply to thermal plants drops below 43% of requirement, forcing load shedding and reducing electricity generation to 4,300MW, far below peak demand.
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NMDPRA data reveals Nigeria's modular refineries supplied an average of 2.37% of diesel demand from November 2025 to January 2026, overshadowed by Dangote Refinery and imports. CORAN calls for improved crude access and funding to boost domestic refining c
The Abuja Electricity Distribution Company announces ambitious plan to cut blackouts and deliver near-24-hour electricity to FCT, Niger, Kogi, and Nasarawa states through new gas plant and infrastructure upgrades.
Nigeria's electricity supply faces severe strain as gas shortages drop below 43% of requirements, forcing the Independent System Operator to implement load shedding nationwide.
The National Bureau of Statistics reveals diesel prices fell 9.32% year-on-year in January 2026, with Lagos, Akwa Ibom, and Borno recording the highest costs while Kogi, Ogun, and Zamfara had the lowest.
The National Bureau of Statistics reports a significant 17.77% year-on-year decrease in petrol prices for January 2026, with Cross River, Rivers, and Nasarawa recording the highest prices while Ekiti, Enugu, and Kaduna have the lowest.
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Ikeja Electric has ordered traders and business operators to vacate areas beneath high-voltage power lines in Lagos, warning of demolition and prosecution for non-compliance.
The Niger Delta Power Holding Company has urged the federal government to phase out electricity subsidies and introduce fully cost-reflective tariffs to address liquidity challenges and stabilize Nigeria's power sector.
The Rural Electrification Agency and ECOWAS sign a $700,000 grant agreement to power 15 health and education facilities with solar energy in FCT, Niger, and Nasarawa states, aiming to combat energy poverty.
The House Committee on Renewable Energy has ordered the Rural Electrification Agency MD to appear within 24 hours to account for N151 billion in government funds and international grants received between 2015 and 2024.
Dangote Petroleum Refinery has secured an agreement with 12 major petroleum marketing companies to distribute up to 65 million litres of petrol daily across Nigeria, aiming to reduce fuel imports and stabilize prices.
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The Federal Government has secured a $700,000 ECOWAS grant to install solar power systems in 15 public health and education institutions across Nigeria, marking the start of a regional clean energy initiative.
