Category: Media

In a massive leap forward for African energy integration, Nigeria and Morocco are finalized to sign a landmark intergovernmental agreement this year for the $25 billion Nigeria-Morocco Gas Pipeline (NMGP). The project, also known as the African Atlantic Gas Pipeline, is poised to become one of the most ambitious infrastructure developments in the continent’s history. […]

New data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reveals a complex shift in Nigeria’s fuel landscape. In March 2026, petrol (PMS) imports surged by 96.7%, jumping from 3.0 million litres per day in February to 5.9 million litres per day. This spike occurred alongside a notable growth in domestic supply, highlighting […]

The Nigerian Electricity Regulatory Commission (NERC) has launched a decisive regulatory offensive against technical waste in the power sector. Through Order No. NERC/2026/026, the commission is enforcing stricter monitoring and transparency requirements for the national grid, following new data showing that transmission losses remain above regulatory benchmarks. While the Nigerian Independent System Operator (NISO) reported […]

Nigeria’s power sector is showing signs of recovery, with electricity generation climbing from 3,951 megawatts (MW) to 4,300MW between March 28 and April 10, 2026. This improvement, announced by the Federal Government on Sunday, marks a fulfillment of the two-week stability assurance recently given by the Minister of Power, Mr. Adebayo Adelabu. The surge is […]

The Nigerian Electricity Regulatory Commission (NERC) has officially released the Mini-Grid Regulations 2026 (NERC-R-001-2026), a comprehensive new framework designed to fast-track electricity access for Nigeria’s unserved and underserved communities. Announced on Monday via the commission’s official X platform, the regulation aligns with the Electricity Act 2023. It aims to create a more attractive environment for […]

The global energy market has been rocked by the steepest decline in OPEC output since the 1980s. Crude oil production by the organization plummeted by 27.5% in March 2026, falling to just 20.79 million barrels per day (bpd). According to a Bloomberg report citing OPEC’s secretariat, this massive supply disruption—totaling a loss of 7.88 million […]

In a major blow to oil theft syndicates, the Nigerian Navy has intercepted two vessels carrying 939 metric tons of suspected stolen crude oil. The cargo, valued at over ₦4 billion, was apprehended during a high-stakes midnight operation on April 8, 2026. The Commander of Joint Task Force South-South Operation Delta Safe, Olugbenga Oladipo, detailed […]

The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a massive surge in its fiscal contributions, remitting a total of ₦1.804 trillion to the Federation Account in February 2026. According to the company’s latest Monthly Report Summary, this figure represents a staggering increase from the ₦726 billion remitted in January. This sharp rise in […]

Nigerian energy giant Oando Plc has unveiled an ambitious plan to raise $750 million to fund an extensive drilling campaign. The primary goal of this capital injection is to boost the company’s oil output by a staggering 300%, moving from its 2025 average of 32,000 barrels of oil equivalent per day (boepd) to significantly higher […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a major breakthrough in the nation’s energy sector, revealing that recent regulatory reforms have successfully unlocked over $10 billion in new upstream oil and gas investments. Speaking at the 2026 Society of Petroleum Engineers (SPE) Oloibiri Lecture Series in Abuja, NUPRC Chief Executive Oritsemeyiwa Eyesan highlighted […]