
Energy







Private depot operators have increased petrol prices to N900 per litre, leading to MRS, Ardova and other filling stations to adjust their prices in Lagos and Abuja

LPV Technologies has unveiled a new solar panel factory in Lagos to reduce reliance on imports as it urges the government to ban imported panels.

NERC has reported that electricity distribution companies (DisCos) across the country received 275,681 customer complaints in the last quarter of 2024.

Filling station owners have adjusted their fuel prices following the decision by Dangote refinery to end sales in naira and also depots have increased prices.

Nigeria's newest crude oil grade, the sweet Obodo blend, is reportedly ready for export to European markets alongside other blends like Bonga and Utapate.

The Nigerian National Petroleum Company Limited (NNPC Limited) has announced plans to list the company's shares publicly on the Nigerian exchange

Dangote and Edo refineries may import about 122.4m barrels of crude oil worth $8.56 billion in six months to meet production needs as the deal with NNPC collapsed.

Crude oil prices have risen amid threats by President Donald Trump to sanction countries patronising Venezuela's oil. Dangote also plans to import crude.

According to data issued by the Major Energies Marketers Association of Nigeria on Wednesday, the cost of importing one liter of fuel has increased by N88.
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