Consumers pay N1.2trn for electricity in six months — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
Cooking gas price drops 13.04% to N14,375By Mariam Eko
The average retail price for refilling a 12.5kg cylinder of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas dropped by 13.04 per cent on a month-on-month basis to N14,375 in April 2024 from N16,250 in March 2024.
Nigerian oil firm bags ISO 9001:2015 certification
Nigerian oil and gas servicing company, KTS Oil & Gas Services Limited has received the International Organization for Standardization (ISO) Quality Management System certification, otherwise known as ISO 9001:2015 Standards Certification.
Oil bidding: NUPRC to enhance sale, operations of 19 oil blocks
“The focus of the bid will be on technical and final capacity to proceed to the field on work programs, after awards while hitherto signature Bonus has been dropped to a token and replaced with Production Bonus.”
Minister, NUPRC, others woo investors as OTC opens in Houston, Texas
The Minister of State for Petroleum Resources (oil), Senator Heineken Lokpobiri, has urged the global community to invest in Nigeria as the 2024 Offshore Technology Conference, OTC, opens in Houston, Texas, USA.
Electricity: NERC reduces Band A tariff by 8% to N206.8/kWh
The Nigerian Electricity Regulatory Commission, NERC, Monday, announced an eight percent reduction on electricity tariff paid by customers in Band A from N225/kWh to N206.8/kWh.
