DisCos overall billing efficiency falls to 81% in Q1 2025 – NERC
The billing efficiency of electricity distribution companies (DisCos) dropped to 81.18% in the first quarter of 2025. This is a...
Edo IGR hits N52.6 billion in first half of 2025 – says EIRS boss
The Edo State Internal Revenue Service (EIRS) on Thursday announced that the state’s Internally Generated Revenue (IGR) increased from N36.1...
IMF commendation sparks strong gains for Naira across parallel, official markets
The naira appreciated to N1,565 per dollar on Thursday at the parallel market, up from N1,580 per dollar on Wednesday,...
NBS: Price of 5kg cooking gas rises by 3.57% m-o-m to N8,167 in May 2025
The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) rose by 3.57% month-on-month, from...
IMF raises Nigeria’s 2025 GDP growth forecast to 3.4%
The International Monetary Fund (IMF) has announced that its Executive Board has concluded the 2025 Article IV consultation with Nigeria,...
Renaissance Africa Energy unveils plans to tackle energy deficit across Africa
Renaissance Africa Energy Company Limited has announced bold steps to address electricity and clean energy shortages in Nigeria and across...
Diesel price in Nigeria surges 25% to N1,758 in May 2025 – NBS
The average retail price of Automotive Gas Oil (diesel) paid by consumers rose by 25.24% year-on-year, climbing from N1,403.96 per...
NNPC completes River Niger crossing on AKK gas pipeline
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful completion of the River Niger crossing on the...
Nigeria’s gas production drops to 7.352mmscf/d in May 2025 – NNPCL
The Nigerian National Petroleum Company Limited has announced that Nigeria's gas production fell to 7.352 billion standard cubic feet per...
Dangote reduces ex-depot petrol price to N840 per litre
Dangote Petroleum Refinery has reduced the ex-depot price per litre of petrol from N880 to N840.
