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.
Category : Energy Power
Woman Cries Out Over Fast-Draining Free Prepaid Meter Units
A Nigerian woman shares her frustration as her free government-installed prepaid meter consumes N30,000 worth of electricity units in just 11 days, sparking online reactions.
Local Refineries to Cut Petrol Imports by 2026, Marketers Face Losses
Nigeria's downstream oil sector is undergoing a major transformation as Dangote Refinery and modular plants increase production, aiming to significantly reduce petrol imports by 2026 while fuel marketers face declining margins.
Kano Darkness: KEDCO Workers Strike Over Welfare Issues
Kano residents face prolonged blackout as electricity workers strike indefinitely over unpaid pensions and selective promotions. KEDCO denies allegations, claiming 80% pension payments made.
NAFDAC Enforces Ban on Sachet Alcohol Nationwide
NAFDAC has begun enforcing a ban on alcohol in sachets and small PET bottles to protect minors from health risks, following Senate authorization.
Cooking Gas Prices Soar Despite 87% Local Production in Nigeria
Nigeria's LPG market shows 87% domestic supply in 2025, yet households face rising prices due to high transport costs and distribution challenges despite declining imports.
Refineries Seek Govt Support to End Fuel Imports
Domestic refiners in Nigeria say they have enough capacity to reduce petrol imports in 2026 if crude supply challenges are addressed. CORAN calls for targeted funding and better data collection.
NNPC Struggles to Match Dangote Refinery's Petrol Pricing
The Nigerian National Petroleum Company faces challenges in aligning petrol prices with partners as Dangote Refinery offers competitive rates, impacting Nigeria's energy sector and economy.
Dangote's $350M Refinery Deal to Make Nigeria Fuel Exporter
Dangote Group's $350 million expansion of its Lekki refinery to 1.4 million barrels daily aims to end Nigeria's fuel imports and position it as a net exporter in West Africa.
Major Power Outage Hits Parts of Ibadan
IBEDC announces power outage across multiple Ibadan areas due to a major transformer fault. Businesses, media stations, and residential communities affected. Technical team working on restoration.
NNPC Petrol Prices Unchanged This Week Despite Global Oil Rise
NNPC will not adjust petrol prices this week, with Lagos cheapest at N785 and Gombe most expensive at N965. Depots cut prices to compete with Dangote Refinery. Full state-by-state breakdown inside.
Cooking Gas Prices Fall in Major Nigerian Cities
LPG prices see a significant drop in Abuja, Lagos, and other cities. Dealers cite improved supply and FX stability. Find out the new rates and what it means for households.
3 Modular Refineries Supply 2.4% of Nigeria's Diesel
New data reveals Waltersmith, Edo, and ARADEL refineries contributed modestly to diesel supply in December 2025, as Dangote Refinery ramps up petrol production. Read the full analysis.
Abuja Disco Restructures into HoldCo, Unveils New Subsidiaries
Abuja Electricity Distribution Plc (AEDC) has restructured into a Holding Company, creating Niger and Kogi DisCos to comply with the 2023 Electricity Act. Read about the new leadership and strategic goals.
Fuel Price Risk as 3 Refineries Shut Down
PETROAN warns prolonged shutdown of Port Harcourt, Warri, Kaduna refineries threatens fuel price stability. Marketers urge FG to restore operations by early 2026 to avert economic and political fallout.
Julius Rone: Nigeria's Energy Man of the Moment
Julius Rone of UTM Offshore clinches New Telegraph & The Sun awards for pioneering Nigeria's first FLNG project, boosting gas exports and energy security. Discover his impact.
Petrol Prices Fall in Lagos, Calabar as Competition Grows
Nigerians see relief as depot owners slash petrol prices to ₦702 per litre. Increased competition and supply drive the drop, with more reductions expected. Read the full analysis.
N-HYPPADEC, Taraba Govt Strengthen Ties for Development
N-HYPPADEC seeks stronger partnership with Taraba State to tackle environmental and socio-economic challenges in power-producing communities. Governor Kefas pledges full support.
Expert: Digital Tools, SaaS Can Transform Nigeria's Energy
Schneider Electric's Elijah Daniel urges investment in IoT, analytics & SaaS to tackle Nigeria's strained grid. He says tech must align with policy for real progress. Read the full analysis.
Nigerian loses Upwork job over power, installs solar
A Nigerian remote worker lost a lucrative Upwork job paying $10/hour after a week-long power outage. She has now installed a solar power system to secure future opportunities. Read her story and reactions.
Nigeria imported 1.31B litres of petrol in Dec 2025
NMDPRA data reveals Nigeria imported over 1.3 billion litres of petrol in December 2025, even as Dangote Refinery supplied 992 million litres. Discover the details of the festive season supply surge and the ongoing price war.
Petrol Supply Rises to 74.2m Litres Daily in Nigeria
Nigeria's daily petrol supply surged to 74.2 million litres in December 2025, driven by increased output from the Dangote Refinery. National stock sufficiency now exceeds 29 days. Read the full analysis.
Dangote Refinery: Why MRS Sells Petrol at ₦739
Dangote Refinery clarifies it sells petrol uniformly to all marketers at ₦699. The ₦739 price at MRS stations is due to market competition, not preferential treatment. Read the full details.
EKEDC appoints Peters Chairman, Joseph-Condotti Interim CEO
Eko Electricity Distribution Company (EKEDC) has announced a major leadership change following a board takeover. Engr. Dr Olubunmi Peters is the new Chairman, while Wola Joseph-Condotti takes over as interim CEO. Read the full details.
EEDC Gives 25% Discount on Unpaid Electricity Bills
Enugu Electricity Distribution Company launches a debt relief scheme, offering up to 25% discount on arrears incurred before Dec 2022. Learn how to qualify and settle your bills.
Six-Month Blackout Hits Calabar Communities
Residents of Ikpai Ohom and Big Qua Town in Calabar face severe hardship after six months without power due to a failed transformer. They call on Governor Bassey Otu for urgent help.
Renewable Energy Jobs Growth Slows, Report Warns
A new ILO & IRENA report reveals renewable energy job growth is slowing despite a deployment boom. It calls for urgent government action on supply chains and an inclusive workforce for a just transition. Read the full analysis.
How Tinubu's ADSW Presence Unlocks Nigeria's Green Investment
President Tinubu's direct engagement at Abu Dhabi Sustainability Week is unlocking vital climate finance and green investment opportunities for Nigeria, repositioning the nation as a prime destination for sustainable capital.
Calabar Communities Endure 6-Month Blackout, Plead for Help
Residents of Ikpai Ohom and Big Qua Town in Calabar face six months of darkness after a faulty 1968 transformer was removed. They accuse PHED of inaction and appeal to Governor Bassey Otu for urgent intervention.
PHEDC Denies Meter Sales Amid Calabar Extortion Claims
Residents in Calabar report paying up to N45,000 for prepaid meters, which PHEDC insists are free. Company blames wiring costs, warns against extortion. Full report.
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