Lagos relies on an estimated 4.5 million generators as the national grid supplies only 20% of electricity demand, Commissioner Biodun Ogunleye reveals.
Day: November 5, 2026
Seplat Energy Plans Second Exploration Well in 2027 After Major Oil and Gas Discovery in Nigeria!
Seplat Energy plans a second exploration well in Nigeria for 2027 after its Aku-01 discovery identified 19 million barrels of oil and 157 billion cubic feet of gas in place.
SAPETRO Acquires 40% Stake in Nigeria’s Offshore OPL257 as TotalEnergies Advances Egina South Development Plans!
SAPETRO has signed an agreement to acquire a 40% stake in Nigeria’s offshore OPL257 from TotalEnergies, strengthening its position in the Egina South oil development project.
US-Iran Conflict to Cut Global Refined Fuel Demand by 2.4 Million Barrels Per Day in 2026, Kpler Forecasts!
The US-Iran conflict is expected to reduce global refined petroleum products demand by 2.4 million barrels per day in 2026, according to Kpler, with a recovery projected in 2027.
APC Credits Tinubu’s Education Reforms as NELFUND Disburses ₦372.62bn in Student Loans, 156,446 Nigerians Benefit from Vocational Training!
APC says Tinubu’s education reforms have delivered ₦372.62 billion in student loans, trained 156,446 Nigerians and expanded access to basic and tertiary education.