Industry

…No immediate plans for electricity tariff hike, says minister Joseph Tegbe The Nigerian Electricity Supply Industry (NESI) hit a new generation peak of 5,330MW during August and September.The Minister of Power, Mr Joseph Tegbe,…
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(Getty Images) ToplineDiesel prices in the U.S. rose above $6 per gallon for the first time ever early on Friday, raising fears of more inflation, after renewed fighting between the U.S. and Iran earlier this week pushed both global…
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Oil prices dropped to their lowest in 11 days on Monday, as investors hoped to see diplomatic progress on the Iran war with the UN meeting this week, as well as a partial recovery from shipments in Saudi Arabia.On Monday, Both…
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Nigeria is hoping to activate the first batch of 500 Compressed Natural Gas (CNG) refuelling stations by the end of October 2026 as it expands infrastructure for CNG-powered transportation across Nigeria.According to the Executive…
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The continuous wavy movement of the price of premium motor spirit (PMS) has come to be one of the most disrupting and distorting trends in the three-year economic reform efforts of the President Bola Ahmed Tinubu administration.…
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***To be merged with 2027 budget, as 2024/25 outstanding remains huge ***FG to request 3rd extension for implementation of 2024/25 budget***MDAs lament non-release of fundsThere are indications that the Federal Government’s (FG)…
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Since assuming office as Governor of the Central Bank of Nigeria on 22 September 2023, Olayemi Cardoso has steered the institution through one of the most consequential periods of reform in its recent history.The mandate was…
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Twenty-four ministries, departments and agencies (MDAs) spent a combined N135.37 billion on store items in 2024 without evidence that the goods were received or entered in the relevant store ledgers, according to findings highlight­ed…
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In order to streamline fuel distribution and reduce the cost and logistical challenges associated with moving petrol and other refined products across Nigeria, former General Manager at the Nigerian National Petroleum Corporation…
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By Kunle Odusola-Stevenson, Media Analyst & Public Relations Expert, writing from BangkokWith an audience expected to exceed 50,000 and more than 800 exhibiting companies from across the global energy value chain, Gastech 2026…
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