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FG disburses N1.1bn to retirees under new Exit Benefit Scheme 01
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Tinubu: Transport Fares to Drop Nationwide From October 2026.
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Fuel subsidy would have cost N53trn, pushed naira to N3,500/$ if not removed.
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PenCom gives MDAs deadline to submit retirees’ details

Power

REA begins 37 solar mini-grid projects in Zamfara
NERC fines Disco N2.8m over consumers’ complaints
NDPHC BREAKS GROUND ON POWER PROJECT TO END 15-YEAR DARKNESS IN KADUNA COMMUNITY
Five DisCos Give Reasons for Power Cuts in Lagos, Abuja, Ogun, Other States

BEDC completes November 2026 MAP meter refund cycle, issues token retrieval steps

BEDC Electricity Plc has completed its November 2026 Meter Asset Provider (MAP) meter refund cycle. Eligible customers have been notified by SMS and email, with refund tokens available for retrieval through the company’s online portal. The update gives customers who paid for meters under the MAP initiative a route to access refunds in line with…

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Cooking Gas Prices Jump to N1,900 per Kg in Lagos, Ogun as Depot Rates Rise 31.8%

Retail cooking gas prices have climbed sharply across Lagos, Ogun and Oyo states, with some Ogun communities now paying as much as N1,900 per kilogramme. The jump followed a 31.8% rise in depot prices, which moved from N1,100 to N1,450 per kg within a month. Findings across several retail outlets showed prices rising from around…

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NMDPRA sets December 9 deadline for Dangote, marketers to comment on pricing framework

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has given Dangote Refinery, petroleum marketers, importers and other industry stakeholders until December 9, 2026 to submit comments on a proposed Petroleum Products Pricing Framework. The notice was signed by the Authority Chief Executive, Rabiu Abdullahi Umar. It announces a 21-day consultation period for operators to…

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Nigeria’s crude, condensate output dips to 1.69 million bpd in October

Nigeria produced an average of 1.69 million barrels per day of crude oil and condensate in October, down from 1.72 million bpd in September, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The NUPRC data showed that the country’s single-day production peaked at 1.79 million bpd in October, while the lowest level stood at…

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FG Commissions Five CNG Stations in Lagos as Programme Reaches Nine

The Federal Government has commissioned five new Compressed Natural Gas refuelling stations in Lagos to give motorists and commercial transport operators an alternative to expensive petrol. The facilities are in Abule Egba, Ajah, Oko-Oba, Idimu and Ogolonto. The stations were developed by Lagos State-owned Ibile Oil and Gas Corporation with the Midstream and Downstream Gas…

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Electricity restored to several areas affected by recent power disruptions in Lagos, Ogun, Oyo, Kwara and the Federal Capital Territory, FCT.

The Minister of Power, Joseph Tegbe, has announced the restoration of Tegbe disclosed this in an update on the power situation on Monday via his handle, saying that efforts were ongoing to restore full electricity supply to the remaining affected areas. He said, “Power has since been restored to many of the areas earlier affected…

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Reforms in the oil and gas industry strengthen investors’ Confidence-Shell

The Executive Vice President and Country Chair, Shell Nigeria, Elohor Aiboni says the fiscal and regulatory incentives that have enhanced the competitiveness of Nigeria’s deepwater sector, strengthened investor confidence and reinforced her position as a destination for long-term energy investments. Aiboni stated this while delivering a goodwill message at the 44th annual International Conference and…

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REA begins 37 solar mini-grid projects in Zamfara

Nigeria’s Rural Electrification Agency, REA, on Wednesday flagged off the development of two interconnected mini-grids and 35 isolated mini-grids, representing approximately 18.8 megawatts-peak, MWp, of solar generation capacity in Zamfara State. The new projects will connect 125,106 households across Gummi, Gusau, Kaura Namoda, Maradun, Shinkafi, Tsafe and Zurmi Local Government Areas. The groundbreaking and commissioning…

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NERC fines Disco N2.8m over consumers’ complaints

The Nigerian Electricity Regulatory Commission (NERC), through its Damaturu Forum Office, has fined the Yola Electricity Distribution Company (YEDC) N2.8 million over complaints relating to violations of electricity consumers’ rights. The sanction followed the consideration of complaints and submissions presented by electricity consumers and the distribution company before the Forum. The judgment was delivered at…

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