Tag: energy

Business

BREAKING: Shell Exits Nigeria’s Domestic Gas Distribution Business, Sells to Nigeria Firm

Shell has agreed to sell its entire interest in Shell Nigeria Gas Group to indigenous energy company Vaaris Energy Limited, marking a major change in Nigeria’s domestic gas distribution sector. Shell Petroleum B.V. announced the agreement on Tuesday, October 13, 2026, as the international energy giant continues to restructure its operations in Nigeria. The transaction covers Shell Nigeria Gas Group, which supplies natural gas to … Continue reading BREAKING: Shell Exits Nigeria’s Domestic Gas Distribution Business, Sells to Nigeria Firm

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News

Petrol Price Alert: NNPC Extends ₦66 Discount as Fuel Prices Rise in Nigeria

ABUJA, Nigeria — The Nigerian National Petroleum Company Limited (NNPC Ltd) has extended its ₦66-per-litre petrol discount across its retail filling stations nationwide until October 31, 2026, in a move aimed at easing the burden of rising fuel prices on Nigerians. The company announced the extension on Friday, October 9, following growing concerns over the impact of high petrol prices on households, commercial transport operators … Continue reading Petrol Price Alert: NNPC Extends ₦66 Discount as Fuel Prices Rise in Nigeria

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Business

Dangote Refinery Cuts Diesel Price to ₦1,700 as Crude and Import Costs Fall

Dangote Petroleum Refinery has reduced the price of Automotive Gas Oil (AGO), commonly known as diesel, by ₦80 per litre, bringing its gantry price down from ₦1,780 to ₦1,700 per litre. The new price took effect on Wednesday, October 7, 2026, according to a notice issued by the refinery to its customers. The reduction represents a 4.5 per cent decrease from the previous price. The … Continue reading Dangote Refinery Cuts Diesel Price to ₦1,700 as Crude and Import Costs Fall

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News

‘Their freezer is freezing’: Tinubu’s power minister reveals Nigerians begged him to reduce constant light

The Minister of Power, Joseph Tegbe, said on Wednesday that some Nigerians had appealed to him to “slow down” efforts to improve electricity supply, as their freezers were now running continuously. Tegbe stated this in Abuja while speaking at the commissioning of the 3-megawatt solar hybrid power project at Yakubu Gowon University, formerly the University of Abuja. The minister disclosed that he had been receiving … Continue reading ‘Their freezer is freezing’: Tinubu’s power minister reveals Nigerians begged him to reduce constant light

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