Friday, October 16, 2026
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KEGOZ MARKET WATCH KEGOZ BULLETIN · 16 OCT 2026 ·
  • PMS · Depot average₦1,350/L— ₦0
  • DIESEL (AGO) · Depot average₦1,790/L— ₦0
  • COOKING GAS (LPG) · Depot average₦1,145/kg▼ ₦10
  • BRENT CRUDE · 15 Oct settlement$105.92/bbl▼ 0.13%
  • USD/NGN · NFEM · 14 Oct₦1,333.00/$1
  • USD/NGN · Parallel · 15 Oct₦1,362/$1
  • DANGOTE PMS · Depot · 16 Oct bulletin₦1,346.50/L
  • DANGOTE AGO · Depot · 15 Oct₦1,801/L
  • DANGOTE LPG · Depot · 16 Oct bulletin₦1,075/kg▲ ₦65
  • NIGERIA INFLATION · September 202614.63%
Source: KEGOZ Daily Trading Intelligence Bulletin, Issue 049. Indicative prices; quote dates vary. Depot-average changes vs Issue 048. Verify with suppliers before trading. Not a live feed.

PHED Explains Power Outage in Port Harcourt

The Port Harcourt Electricity Distribution Plc (PHED) has attributed the current power supply shortage in some parts of Port Harcourt to a cut conductor on the Ala Oji-Afam line.

In a notice issued on Friday, October 16, 2026, PHED apologised to affected customers for the inconvenience caused by the disruption.

The company said normal electricity supply would be restored once the Transmission Company of Nigeria (TCN) technical team completes the necessary repair work.

PHED thanked customers for their patience and understanding, assuring them of its continued commitment to improving service delivery.

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