Energy

The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has successfully executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE. The…
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Group CEO of NNPC Ltd., Mele Kyari has reiterated the company's commitment to resolving Nigeria's energy trilemma, by ensuring energy security, sustainable growth and energy affordability. Kyari disclosed this at the opening ceremony of…
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Nigeria, endowed with some of the largest oil reserves in Africa, is paradoxically wrestling with a deepening oil crisis that threatens its economic stability and national security. Despite its status as a top oil producer, the country…
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The lawmaker representing Ibadan North-West/Ibadan South-West federal constituency of Oyo state at the House of representatives, Hon. Adedeji Dhikrullahi Olajide, has commenced the installation of 100 solar-powered street lights across…
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Barely three weeks after jerking up the price per litre of petrol, retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) adjusted the pump price of the commodity on Tuesday in Lagos from ₦998 to ₦1, 025. In…
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Daily consumption of Premium Motor Spirit (PMS) or petrol in Nigeria has dropped drastically under one year after President Bola Tinubu assumed office on May 29, 2023. Data obtained by Channels Television from the latest report of the…
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The World Bank has warned that a further increase in the prices of Premium Motor Spirit also known as petrol may reverse the already dwindling effects of subsidy removal in Nigeria. The warning is contained in the October edition of its…
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The Federal Government, through the Ministry of Youth Development and the Presidential CNG Initiative recently officially launched 2,000 CNG-powered tricycles for vibrant Nigerian youths! This initiative will not only empower young…
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The Nigerian National Petroleum Company Limited has raised its pump price of petrol in Abuja by 14.8 per cent to N1,030 per litre from N897. The latest price increase makes it the second time the petrol price has been hiked in the past…
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The Nigerian National Petroleum Company Limited may begin the supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the Federal Government that the naira-for-crude deal has commenced.…
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