Nigeria misses OPEC quota, produces 1.38m bpd in March
In its March 2026 Monthly Oil Market Report (MOMR), OPEC stated that the figures were based on data obtained through direct communication with Nigerian authorities.
Dangote: NNPC yet to lift petrol, contract negotiations ongoing
Dangote Refinery has clarified that NNPC Limited is yet to commence the lifting of petrol at the facility as both parties are still negotiating terms.
Fuel shortage: Long queues persist in Lagos, environs as marketers shut stations
THERE were long queues in Lagos and environs, yesterday, as many independent oil marketers without petrol shut their filling stations against motorists and other customers.
NERC grants Oyo powers to set up state electricity market
The Nigerian Electricity Regulatory Commission, NERC, has granted Oyo State the right to set up and regulate electricity supply and distribution within the State.
Rating: GCR affirms Dangote Industries Limited AA+(NG)/ A1+(NG)
….strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote Industries Funding Plc’s Series […]
Transcorp Power grows half year revenue by 142% to N135.4bn
Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has declared a 142 percent rise in its half year revenue from N55.9 billion recorded in H1 2023 to N135.4 in H1 2024.
