FG licenses 81 firms to sell CNG as fuel price stays at N380 per SCM
The federal government has licensed 81 companies to retail compressed natural gas (CNG), up from…
FG licenses 81 firms to sell CNG as fuel price stays at N380 per SCM
The federal government has licensed 81 companies to retail compressed natural gas (CNG), up from about four previously. The National Automotive Design and Development Council (NADDC) Director-General, Oluwemimo Joseph Osanipin, disclosed this on Wednesday, August 27, after meeting President Bola Tinubu at the Presidential Villa in Abuja. CNG currently costs N380 per standard cubic metre…
NERC names 5-member interim board to fix troubled Kaduna Disco
The Nigerian Electricity Regulatory Commission (NERC) has inaugurated a five-member interim board for Kaduna Electricity Distribution Company (KAEDC), days after dissolving the company’s board over persistent financial and operational failures. The new Interim Board of Special Directors was inaugurated on Wednesday, August 19, 2026, as part of measures to implement NERC’s regulatory intervention and reset…
Olabiyi-Agoro replaces Osifo as PENGASSAN president
Bosun Olabiyi-Agoro has been elected national president of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, replacing Festus Osifo. Olabiyi-Agoro emerged as president at the association’s first Quadrennial Delegates Conference, held in Abuja on Saturday. Olabiyi-Agoro, a staff member of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is the current chairman of…
Seplat energy firms post N2.57tn revenue in six months.
Nigeria’s listed energy companies recorded about N2.57tn in combined revenue in the first half of 2026, but their performances varied, with Seplat Energy posting strong growth while power generators Geregu Power and Transcorp Power recorded weaker revenue. The financial results of Seplat Energy Plc, Geregu Power Plc and Transcorp Power Plc show differences in the…
Lagos plans 24/7 power supply with 3,500MW target
Lagos State and the Federal Government have unveiled plans to raise electricity supply in Lagos to about 3,500 megawatts (MW) as part of renewed efforts to tackle persistent blackouts and power the state’s growing economy. The plan was announced at the Lagos State High-Level Strategic Power Town Hall Meeting held at Lagos House, Marina, where…
Saudi Aramco resumes commercial oil shipments from Strait of Hormuz
World’s top oil exporter still stymied by Yemen’s Houthis in Red Sea, but ships millions of barrels to Asian refineries via UAE port after pause forced by latest US-Iran flare-up Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant…
NNPCL and Seplat Energy Joint Venture empower 127 teachers and education evaluators with digital skills in Imo State.
This was a major highlight of the graduation of its first cohort of teachers under the Seplat Teachers Empowerment Programme on STEAM-focused teaching techniques and approaches and alternative income-generation skills to strengthen their professional development and make them economically resourceful. Speaking at the graduation ceremony in Owerri on Monday, the Director of External Affairs and…
Four more states to benefit from Dangote free petrol delivery scheme.
Kano, Imo, Anambra and Nasarawa now join Lagos, Ogun, Rivers, Kaduna, Abuja and Delta, bringing the total to ten states. Petrol under the scheme would sell for ₦1,165 per litre, and marketers who qualify get ten days’ credit before payment is due. The catch is that you need to buy at least 250,000 litres at…
Dangote unveils $16 billion refinery in Kenya, larger than Lagos plant
Aliko Dangote has announced plans to build a $16 billion oil refinery in Lamu, Kenya, which he says will be larger than his Lagos facility. Construction could start as early as October 2026 if Kenya agrees to protect the plant from cheap fuel imports. Dangote told reporters the Lamu refinery would have a processing capacity…
NLNG, NCDMB unveil research centre at Rivers Varsity to boost Energy and industrial Sector
The Nigeria LNG Limited and the Nigerian Content Development and Monitoring Board on Thursday unveiled plans for a Research and Innovation Centre for Computer and Electrical Engineering at Rivers State University, Port Harcourt. The project, NLNG said, is designed to enhance the university’s capacity to undertake advanced, industry-relevant research, provide specialised training and develop technological…
