Oil Prices Ease as US-Iran Mediation Efforts Offset Fresh Geopolitical Tensions
Oil prices declined on Tuesday as global markets weighed diplomatic efforts to reduce tensions between the United States and Iran...
Oyinkansola Lemo
Asian Stocks Rebound as Chipmakers Rally While Oil Prices Ease
Asian stocks rebounded on Tuesday as investors returned to technology and semiconductor shares following a recent market selloff, while oil...
NERC Mandates Five-Year Technical Audits of Nigeria’s Transmission Network
The Nigerian Electricity Regulatory Commission (NERC) has introduced new guidelines requiring regular technical audits of Nigeria's electricity transmission network. Under...
IPMAN Raises Concern as Imported Petrol Sells Above Dangote Refinery Price
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the pricing of imported petrol, alleging that some...
FG, National Assembly Back Coordinated Electricity Regulation as Nigeria Moves to Multi-Tier Market
The Federal Government and the National Assembly have reaffirmed their commitment to strengthening coordination between federal and state electricity regulators...
NNPC Says All Available Naira-for-Crude Cargoes Were Supplied to Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC) has insisted that it supplied all available crude oil cargoes allocated to the...
ECOWAS Backs Nigeria-Morocco Gas Pipeline as Regional Energy Project Advances
The proposed African Atlantic Gas Pipeline has moved closer to implementation following the signing of an Intergovernmental Agreement by Heads...
GenCos Warn N7tn Fresh Power Sector Debt Could Undermine Recovery Efforts
Nigeria's electricity generation companies have warned that fresh liabilities estimated at more than N7tn could accumulate and undermine efforts by...
FG Rejects Claims of N80tn Fresh Borrowing, Says Debt Figures Reflect Revaluation
The Federal Government has rejected reports that the administration of President Bola Tinubu has incurred about N80tn in fresh public...
Liberia, Nigeria Deepen Economic Partnership as Investors Seek New Opportunities
Liberia and Nigeria have reaffirmed their commitment to strengthening economic relations, expanding bilateral trade and attracting new investments as policymakers,...