National Grid Collapses Second Time in 24 Hours Nigeria’s power grid has once again collapsed, less than 24 hours after its previous failure. The collapse occurred around 9:17am on Tuesday, plunging many parts of the country into another round of power outages. Confirming the system collaspse, the...

Lower Fuel Price in Sight as IPMAN Engages Dangote Refinery There is uncertainty over the commencement of lifting of premium motor spirit (PMS) otherwise known as petroleum from Dangote Refinery by the Independent Petroleum Marketers Association of Nigeria (IPMAN). Daily Trust learnt that the independent marketers...

Niger, Togo, Benin Owe Nigeria N9.41bn Electricity Bill for Q2 2024, Says NERC The Nigerian Electricity Regulatory Commission (NERC) says international customers owe $5.79 million for electricity supply in the second quarter (Q2) of 2024. The debt amounts to N9.41 billion when converted using the official...

Nigeria Recommits to Regional Trade as AfCFTA Forum Holds in Rwanda The Nigerian Government as a State Party has reassured its commitment to deepening regional trade through the African Continental Free Trade Area (AfCFTA) which promises to improve continental integration, create jobs, and increase export...

Dangote to Commence Crude Oil Production – Report A report by S&P Global Commodity Insights has said Dangote Group is looking to start production at its two Nigerian oil assets in the fourth quarter of 2024, after enduring challenges with regards to crude supply. The report...

49,188 Meters Installed in Q2 2024, NERC Reveals The Nigerian Electricity Regulatory Commission (NERC) says 49,188 meters were installed in the second quarter of 2024. The commission made this known in its second quarter 2024 report on Thursday. The commission said the installations represent a decrease of...