Dangote Accuses NMDPRA of Issuing ‘Reckless’ Import Licences for Petroleum Products from Russia
Aliko Dangote, chairman of Dangote Industries Limited, has accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority of issuing what he described as reckless...
Geregu Power Plc Projects N17.06 Billion Pre-Tax Profit for Q1 2026, Signaling Year-on-Year Earnings Growth
Geregu Power Plc has projected a pre tax profit of N17.06 billion for the first quarter of its 2026 financial year, signaling expectations of...
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...
