For decades, the national grid has been the only affordable path to power for the average Nigerian, but it remains unreliable. Experts have pointed out that the power crisis has constrained growth, frustrated households, and inflated business costs. In the absence of a stable electricity supply, people have often resorted to expensive petrol and diesel-powered …
Fresh concerns have emerged following a new increase in the retail price of cooking gas, adding further strain on households already grappling with high living costs. Latest report released by the National Bureau of Statistics (NBS) show that the average price for refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking …
Residents of Cross Rivers State apparently spent more on Premium Motor Spirit (PMS), also known as petrol, in January 2026. Data released by the National Bureau of Statistics shows that the state recorded the highest average retail price of petrol in January 2026. The latest NBS Petrol Price Watch for January 2026 indicates that Cross …
The Nigerian Independent System Operator (NISO) has said the current poor power supply experienced nationwide is due to inadequate gas supply to thermal generating stations. In a statement released on Friday, February 27, NISO said power generation has dropped to around 4,300 megawatts (MW), causing a significant outage across the country. It said that because …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that registration and submission of applications for pre-qualification for the Nigeria 2025 Licensing Round will close on Friday, February 27, 2026. The Commission made this known in an update shared via its X handle on Wednesday. According to the statement, NUPRC said the portal for the …
Newly appointed acting Inspector General of Police, Tunji Disu, has promised to boost the morale of officers in fighting insurgency, banditry and all forms of insecurity ravaging the country. Disu also vowed to tackle corruption within the Nigeria Police Force. In addition, he promised to end impunity and abuse of human rights perpetrated by officers. …
The Nigerian Airspace Management Agency (NAMA) has reported that the fire incident at Terminal 1 of the Murtala Muhammed International Airport (MMIA), Lagos on Monday, damaged its air-to-ground communication equipment. Managing Director of NAMA, Farouk Umar, made this known on Wednesday, February 25, during a tour of the facility to assess the damage caused by the …
Minister of Aviation and Aerospace Development, Festus Keyamo, has said the fire incident that occurred at Terminal 1 of the Murtala Muhammed International Airport, Lagos, has hastened their move to totally rehabilitate the building. Keyamo, who spoke on Tuesday, February 24, during an inspection of the MMIA Terminal 1 razed by fire, said the building …
Nigeria is set to begin exporting a new crude oil grade called 'Cawthorne' in March 2026. This new stream is part of the country's broader strategy to boost its crude production and expand its presence in the global oil market. A Reuters report said a spokesperson of the Nigeria National Petroleum Company Limited (NNPC) confirmed …
Dangote Petroleum Refinery & Petrochemicals has reassured the Nigerian public of its capacity and commitment to supply a substantial volume of petrol to meet the nation's daily needs. The refinery, which recently hit its full capacity of 650,000 barrels per day after a major turnaround maintenance, said it will supply between 60 and 65 million litres of Premium …
