Blackout: Nigeria Needs $100bn To Fix Electricity – FG
Nigeria needs over $100 billion in public and private investments to achieve 24-hour electricity, as Power Minister Adebayo Adelabu outlines funding gaps, gas shortages, and sector reforms.
The Federal Government has revealed that!-->!-->!-->!-->!-->…
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Blackout: Hydro Plants Not Generating Enough Power – Discos
The Chief Executive Officer of the Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, has said Nigeria’s hydro plants are not generating enough power to serve the country.
The ANED CEO said this in an interview!-->!-->!-->!-->!-->…
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Nigeria’s Crude Production Soon To Rise By 100,000 bpd – Ojulari
Nigeria could raise its crude oil production by approximately 100,000 barrels per day over the next few months, the Group Chief Executive Officer of the Nigerian National Petroleum Company, Bashir Bayo Ojulari, has said, as the country!-->!-->!-->…
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Nigeria Earned $10.5 Billion From Gas Exports In 2025
Nigeria recorded a 21% growth in gas exports in 2025, rising to $10.51 billion from $8.66 billion recorded in 2024. This is according to the latest Balance of Payments (BOP) report released by the Central Bank of Nigeria (CBN).
The!-->!-->!-->!-->!-->…
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Conduct ‘Thorough Audit’ Of Pipeline Protection Contract – Stakeholders
Niger Delta stakeholders, under the aegis of Niger Delta Congress, NDC, have called for an immediate, thorough and independent forensic audit of the pipeline protection contract initiated by the Federal Government.
The contract,!-->!-->!-->!-->!-->…
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NNPC Filling Stations Increase Fuel Prices After Dangote Refinery’s Hike
*Checks on Monday showed that NNPC filling stations in Abuja and environs hiked their petrol price at the weekend to N1,367 per liter, up from N1,261
The Nigerian National Petroleum Company Limited retail outlets have raised their!-->!-->!-->!-->!-->…
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PwC : Global Energy Shock Threatens To Reshape Nigeria’s 2026 Economic Recovery
KEY POINTS
Brent Crude reached $102.83/bbl as of March 17, 2026, while the JKM gas benchmark surged to $19.28/mmBtu due to the US-Israel-Iran conflict
The shock threatens to reverse an 11-month disinflation trend that saw!-->!-->!-->!-->!-->!-->!-->!-->…
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Black Market Dollar To Naira Exchange Rate Today, March 23, 2026
The Nigerian Naira maintained a steady path against the United States Dollar at the start of the new trading week, as activities in the Nigerian Foreign Exchange Market (NFEM) and the parallel market reflect the ongoing impact of!-->!-->!-->…
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If Brent Crude Increases To About $130, Nigeria May Buy PMS Above ₦1,500 And Diesel Above ₦2000…
In a recent interview shared by Arise News, Senior Partner at SPM Professionals, Paul Alaje, has warned of potential increases in fuel prices if global oil trends continue upward.
Speaking on the implications of rising crude oil!-->!-->!-->!-->!-->…
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NCDMB Boss Confident In Radisson Hotel’s World-Class Services
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed confidence that the 5-Star Radisson Hotel and Conference Centre, Yenagoa, Bayelsa State, would be!-->!-->!-->…
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