Energy

Nigeria's current account surplus is projected to decline sharply in 2025, dropping to 2.7% of GDP from 9.2% in 2024,...

The United States imported Nigerian crude oil worth $1.34 billion between January and May 2025, reinforcing Nigeria’s position as America’s...

Nigeria recorded a 12 percent increase in gas flaring volume in 2024, marking the second-largest rise globally. 

The Nigerian crude price rose toward the Federal Government benchmark as drones targeted oilfields in Iraq for the fourth time,...

The oil and gas sector has been the worst performer so far in 2025, with the index down over 10%...

The Forum of Commissioners of Power and Energy in Nigeria (FOCPEN) has raised concerns over the proposed Electricity Act (Amendment)...

The Organization of the Petroleum Exporting Countries (OPEC) has reported that Nigeria’s average daily crude oil production rose to 1.505...

The Nigerian National Petroleum Company Limited (NNPCL) has said it has signed a $3.5 billion memorandum of understanding (MoU) with...

The Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies (DisCos) collectively remitted a total of N1.18 trillion...

Natural gas has been identified as a transformational fuel for Africa’s development, capable of bridging energy poverty and driving industrial...