The Rural Electrification Agency (REA), in partnership with the Embassy of the Republic of Korea in Nigeria, has commissioned a combined 1-megawatt clean energy infrastructure serving Rubochi and Ikwa communities in the Federal Capital Territory (FCT), marking a significant step toward expanding sustainable electricity access in Nigeria. The project, delivered under the Korean Energy Project…
Dangote Petroleum Refinery has announced a significant operational milestone following the full restoration and optimisation of its Crude Distillation Unit and Motor Spirit production block, a development that reinforces steady output at Africa’s largest oil refining complex. The company confirmed that both units, which recently underwent scheduled maintenance, are now operating at peak efficiency. To…
Nigeria failed to meet its assigned crude oil production quota for the sixth month in a row, according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC). The OPEC monthly report, released on Wednesday, showed that Nigeria’s crude oil output fell to 1.478 million barrels per day (bpd) in January 2026,…
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently establish a rules-based farm price stabilisation and farmer income protection framework to ensure sustainable food security and economic stability in Nigeria. In a policy brief released on February 1, 2026, Chief Executive Officer of CPPE, Dr. Muda Yusuf…
