Dangote Refinery Increases Petrol Price to N799/Litre
Dangote Petroleum Refinery has increased petrol prices from N699 to N799 per litre, citing the end of festive season interventions and a return to sustainable market levels.
Category : Energy Power
NMDPRA Predicts Further Fall in Fuel Prices as Supply Grows
The Nigerian Midstream and Downstream Petroleum Regulatory Authority announces that petrol, diesel, and LPG prices will continue declining due to improved supply and competition in the downstream oil sector.
REA, Lotus Bank Launch Renewable Energy Funding Facility
The Rural Electrification Agency partners with Lotus Bank to establish a dedicated renewable energy funding facility under the DARES programme, shifting from isolated projects to structured financing.
Solar System Fire Destroys Nigerian Man's House
A Nigerian man's solar energy installation exploded, causing significant fire damage to his newly built home. The viral video shows charred remains and raises safety concerns about solar system installations.
Dangote Refinery Shifts to Lighter Crude During RFCC Shutdown
Dangote Refinery switches to lighter crude oil grades to maintain operations as its critical RFCC unit faces prolonged downtime, impacting petrol production capacity and increasing fuel imports.
NNPC Reduces Petrol Price to N740 in Lagos
The Nigerian National Petroleum Company Limited has reduced petrol pump prices to N740 per litre in Lagos, matching Dangote Refinery's rates. NMDPRA predicts further price drops nationwide.
DisCos Question FG's Free Meter Policy Over Cost Concerns
Electricity distribution companies have raised concerns about the federal government's directive for free prepaid meters, highlighting unclear funding for procurement and installation.
Kano Blackout: Businesses Count Losses Amid KEDCO Strike
A strike by KEDCO unions has plunged Kano into darkness, causing severe economic disruption as fish vendors and bakeries report massive losses from spoiled goods.
Petrol, Diesel Prices Rise as Dangote Refinery Faces Challenges
Private depot owners have adjusted petrol and diesel prices across Nigeria, with increases reported in Lagos, Warri, Port Harcourt, and Calabar. This comes as the Dangote refinery faces operational issues, delaying full production capacity.
Dangote Refinery to Shut Down Crude Unit for One Week
Nigeria's Dangote Refinery will temporarily shut down its crude oil distillation unit for operational fine-tuning amid reduced crude deliveries, with regulators assuring minimal fuel supply impact.
DisCos Fail to Deliver Promised Electricity Hours Despite Higher Tariffs
Nigerians across major cities accuse electricity distribution companies of failing to meet minimum supply hours mandated by NERC, with customers on higher tariff bands receiving far less electricity than promised.
Dangote Refinery Petrol Production Hit by RFCC Snag
Dangote Petroleum Refinery faces ongoing technical challenges with its Residual Fluid Catalytic Cracker unit, delaying full gasoline production stabilization until mid-2026 and maintaining reliance on imports.
FG Bans Meter Charges, Warns DisCos of Prosecution
The Federal Government has directed electricity distribution companies and meter installers to provide smart meters to consumers free of charge, with officials demanding payments facing prosecution.
Nigeria's Power Grid Collapses, Causes Nationwide Blackout
Nigeria's electricity grid collapsed on Friday afternoon, causing a nationwide blackout as power generation dropped to zero megawatts across all distribution companies.
KEDCO Suspends Strike After N170m Payment, N174m Bonus Pledged
Kano Electricity Distribution Company (KEDCO) has suspended its workers' strike after paying N170 million in arrears and committing to settle N174 million in 2025 bonus payments during February 2026 salary cycle.
Atunlo Sustech Pilots CarbonScope360 Under New Carbon Framework
Atunlo Sustech initiates a pilot of CarbonScope360, a carbon measurement tool, following Nigeria's carbon trading framework approval, aiming to enhance emissions tracking and data transparency for corporate climate compliance.
Power Sector Leaders Meet for Energy Security Dialogue in Lagos
Key stakeholders including ministers, regulators, and investors gather in Lagos for an executive dialogue addressing Nigeria's power sector challenges post-Electricity Act 2023.
National Grid Collapse in 2026 Leaves Nigeria in Darkness
Nigeria's electricity grid suffered its first nationwide collapse in 2026, with generation dropping to zero megawatts and leaving most distribution companies without power allocation.
Nigeria Risks Losing Energy Windfall Due to Policy Failures
Nigeria may forfeit a generational opportunity in global energy markets due to policy missteps and inconsistent crude supply at Dangote Refinery, warns expert Abdulrazaq Hamzat.
Industrial Decarbonisation Critical for Climate and Economy
At the 2026 World Economic Forum, Schneider Electric's CEO Oliver Blum urged governments to boost policy support for industrial decarbonisation, highlighting its role in climate mitigation, profitability, and job creation.
NISO Reveals Cause of National Grid Collapse
The Nigerian Independent System Operator attributes Friday's national grid collapse to simultaneous tripping of 330kV transmission lines and disconnection of power generation units. Restoration efforts are ongoing across the country.
Nigeria's Petrol Price Variations Widen Amid Import Surge
Significant price differences for petrol have emerged across Nigerian cities, with MRS stations selling at N739 per litre while others charge up to N930. Analysts attribute this to increased fuel imports and uneven supply dynamics in the deregulated marke
FG Bans DisCos from Meter Installation Charges
The Federal Government has prohibited electricity distribution companies from collecting fees for meter installation under the DISREP program, warning of prosecution for violators.
National Grid Collapses First Time in 2026, Power at Zero
Nigeria's national electricity grid collapsed on January 23, 2026, with power generation dropping to zero megawatts, affecting all 11 distribution companies nationwide.
Elumelu Joins Seplat Board After Acquiring 20% Stake
Billionaire investor Tony Elumelu has been appointed as a non-executive director at Seplat Energy Plc after his firms acquired a 20.07% equity stake in the company, marking a significant shift in Nigeria's energy sector leadership.
Nigeria's First 2026 Blackout as National Grid Collapses
Nigeria experienced its first nationwide blackout of 2026 as the national power grid collapsed, dropping electricity generation to zero megawatts and affecting all 11 distribution companies across the country.
FG Bans Meter Installation Charges, Warns DisCos
Federal Government bans payment for meter installation, declaring it illegal. 500,000 smart meters arrive to close Nigeria's meter gap at no cost to consumers.
Petrol and Diesel Prices Rise at Nigerian Depots
Private depot owners in Nigeria have increased petrol and diesel prices, with petrol reaching N800 per litre in Lagos, Warri, and Port Harcourt due to import licence delays and reduced product inflows.
Japan Suspends World's Biggest Nuclear Plant Restart
Japan has suspended the restart of the Kashiwazaki-Kariwa nuclear plant after an alarm triggered during startup, with no timeline for resolution. The plant had been offline since the 2011 Fukushima disaster.
Nigeria Among Top 10 Cheapest Petrol Countries in 2025
Nigeria has been ranked among the top 10 countries with the cheapest petrol prices globally in 2025, thanks to Dangote Refinery's price reductions and increased local refining capacity.
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