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Energy Sector

FG seeks 30-day fuel credit for airlines as Dangote profits soar

The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.

FG says 80 percent of women-owned businesses lack formal credit access

Women Affairs Minister Imaan Sulaiman-Ibrahim says more than 80 percent of Nigerian women-owned businesses operate without access to formal credit, holding back economic growth.

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.

Nigeria Finalizes Bid Process to Sell Five Power Plants for $1 Billion

Nigeria takes a significant step towards revitalizing its energy sector with the privatization of five power plants, aiming to attract investment and improve reliability.

Tinubu Set to Inaugurate Three Gas Infrastructure Projects

In a significant development for Nigeria's energy sector, prominent political figure Tinubu is poised...

Vessels Trapped in Escravos: Fuel Shortage Looms in Nigeria

A looming fuel shortage in Nigeria has been attributed to vessels trapped in the...

Federal Government Plans to Offload Banks’ Managed Discos

In a move aimed at restructuring Nigeria's energy sector, the federal government has announced...

Nigeria Wastes Gas Equivalent to Powering 4 Million Homes Amid Power Outages

LAGOS – Nigeria, Africa’s largest economy, is burning off vast quantities of natural gas...

Latest articles

FG seeks 30-day fuel credit for airlines as Dangote profits soar

The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.

FG says 80 percent of women-owned businesses lack formal credit access

Women Affairs Minister Imaan Sulaiman-Ibrahim says more than 80 percent of Nigerian women-owned businesses operate without access to formal credit, holding back economic growth.

Sanwo-Olu Backs Deputy Hamzat for Lagos Governor in 2027

KEY POINTS Governor Sanwo-Olu has endorsed his deputy, Obafemi Hamzat, for the 2027 Lagos...

Anthony Joshua Targets Comeback Fight After Tragic Accident

KEY POINTS Anthony Joshua will return to boxing on July 25 against Kristian Prenga...