Nigeria’s Daily Petrol Consumption Dips to 52.9M Litres in November
ABUJA, NIGERIA — Nigeria’s daily average consumption of Premium Motor Spirit (PMS), commonly known as petrol, witnessed a notable decline in November 2025, according...
IKEDC Announces Outage in Lagos Over ‘Jumper Cut’ at TCN Substation
Ogba, Ikeja, and Alausa Axis Affected as TCN Works to Restore Power
LAGOS, NIGERIA — The Ikeja Electricity Distribution Company (IKEDC) has informed its customers...
Nigeria’s Bonny Light Crude Shows Early Signs of Stabilization After Market Slide
Nigeria’s benchmark crude grade, Bonny Light, has steadied after the steepest downturn in the international oil market in almost three weeks. The decline had...
Fuel Price Relief: Dangote Output, Stronger Naira Drive Down Petrol Costs in Nigeria
Nigerian consumers are experiencing significant relief at the pump as the price of Premium Motor Spirit (PMS), commonly known as petrol, continues its downward...
FG Approves ₦185 Billion Payment to Clear Gas Suppliers’ Debts
ABUJA—The Federal Government has approved the payment of ₦185 billion in outstanding legacy debts owed to natural gas suppliers, a decisive measure aimed at...
