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Energy Sector

Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.

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

Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.

Agriculture records 3.15 percent GDP growth to N11.87trillion in first quarter

Nigeria's agricultural sector grew 3.15 percent year-on-year to N11.87trn in the first quarter of 2026, with crop production leading the gains at N8.9trn, the NBS says.

Nigeria among world’s most expensive countries for airline operations, says IATA

IATA has named Nigeria one of the world's most expensive countries for airline operations, blaming high taxes and charges that keep local carriers from competing.