Category : Energy Power


Nigeria starts N185bn gas legacy debt repayment

The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.

3-Hour Power Outage in Anambra This Sunday

FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.

$5B Africa Energy Bank HQ Complete in Abuja

Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.

Dangote Slashes Petrol Price to N840/Litre for Christmas

Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.

Dangote Refinery Saves Nigeria N10bn Yearly

Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.

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