Nigeria’s electricity is cheaper than everywhere — and that’s the problem
-Adetayo Adegbemle The core paradoxNigeria's weighted average electricity tariff sits at just…
President Tinubu nominates Joseph Tegbe as Minister of Power
... awaits Senate confirmation President Bola Ahmed Tinubu has nominated Mr Joseph…
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OIL AND GAS
Over 20 transmission towers vandalized between January 10-17, 2025
...TCN decries worsening security situation as vandals, black market buyers escalate sabotage…
Nigerian musicians rake in N25bn from spotify streams in 2023
... streaming royalties soar by 127% year-over-year Oredola Adeola …
Mainstream Energy restores Sabon Pegi bridge within 24 hours after collapse due to heavy rainfall
Oredola Adeola Mainstream Energy Solutions Limited, the operators of the Kainji, Jebba,…
CBN appoints 9 Pre-Shipment Inspection, 2 Monitoring Agents for oil, gas exports
Oredola Adeola The Central Bank of Nigeria (CBN) has confirmed the…
Lagos State govt. constitutes 5-member electricity regulatory commission board
... appoints Engr. Odubiyi, former NERC Commissioner, as Chair Oredola Adeola…
IBEDC reconnects UCH after almost 3 weeks of outages
...UCH settles over 10% of N494million electricity bills owed to IBEDC …
Africa Gas Innovation Summit, 2024 sets to hold in Abuja, June 13-14
... industry leaders, policymakers, entrepreneurs convene to foster energy-based research, technological advancements…
Ministry of Petroleum Resources confirms participation in 2nd edition of Gas Investment Forum in October
Oredola Adeola The Ministry of Petroleum Resources has officially confirmed its participation…
RENEWABLES
Abba Aliyu bags ENERGY TIMES award for transparency, driving renewable energy impact at REA
"He was honoured for his ability to achieve an 85% budget execution…
REA disburses ₦9.006bn for seven mini-grid projects from REA–Lotus Bank ₦100bn fund
...allocates ₦7.95bn to Havenhill for four projects in Taraba, Kwara, Kogi ...₦1.056bn…
India, Nigeria show the way to electrifying the global south
By Abba Aliyu, Manoj Sinha and Woochong Um Since the turn…
Missed opportunities in power financing: AVM (Rtd) Iyamu bemoans underutilized carbon trading in Nigeria
... how carbon credits, carbon offsets could be used to close electricity…
Don't Miss
Industry expert, Capt. Iheanacho, opposes Otedola’s call to dismantle petroleum depots in Nigeria
... warns depots absence in value-chain will cripple fuel supply ... insists…
NGX Climate Roundtable: Seplat Energy delivers 100% of anti-flaring projects by end-2025 -Mba, Director, G&NE
... plans formal declaration of end to routine gas flaring in onshore…
Adelabu appeals to bulk power consumers, industries to reconnect to national grid
... commits to restoring trust, confidence, stability in NESI .... highlights cost…
NLNG says Africa’s emerging LNG frontiers hold 45 MTPA potential
...urges continent to focus on value addition in global LNG trade, not…
POWER... GENERATION, TRANSMISSION AND DISTRIBUTION
Power Minister, Adelabu submits resignation, fixes April 30 exit date
... recommends new title for successor 'Coordinating Energy Minister' Oredola Adeola Following earlier…
REA targets 1,350 mini-grids from 400 base to strengthen Nigeria’s global standing
... set to grow solar manufacturing to 300MW, targets 3.7GW in bid…
Adelabu set to resign as Power Minister, briefs Tinubu, secures nod for Oyo Governorship bid
Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has formally informed President…
Q1 2026 sees Nigeria divert gas abroad despite stable supply at 4.83 Bscf/day
... as allocation crisis hits gas-to-power, industries, transport, households amid rising supply…
MARITIME
Imported petrol cheaper than Dangote by ₦135.76/L as landing cost hits ₦1,139.24/L
... as FG grants 6 new petrol import licences, targets 180,000 tonnes…
NNPC FY 2025 result: Revenue up +34.3% from FY 2024 to N60.52 trn, profit after tax climbs to N5.76 trn
... strong operations under Ojulari drive 1.54 mmbopd crude oil, 6,914 mmscf/d gas production…
MEMAN warns 15% tariff on imported petrol, diesel could push pump prices above ₦1,000/L
Isong says new fuel import tariff is regressive, will hurt low-income Nigerians,…
OTL Africa Downstream 2025: Industry leaders to spotlight sustainability, carbon capture, cost efficiency under full deregulation
"Nigeria committed to optimizing oil, gas resources through sustainable practices...as filling stations…
SOLID MINERAL RESOURCES
Aiyedatiwa urges geoscientists, investors to tap into Ondo’s 42 bn-ton bitumen reserve- second largest globally
...says Ondo hosts Nigeria’s largest methanol plant, assures supportive environment for oil,…
Chagoury group targets Kaduna’s contested lithium project, as UK-registered firm, Jupiter disputes FG’s revocation
Ibukunbayo Akinnubi The Chagoury Group, through its affiliate Atlantic Mining Techniques, led…
Kachikwu proposes expanding NCI Fund from $450m to $1bn through operators, investors contributions
... calls for enforcement to make pipeline contractors invest locally, build JV…
Fatona, Falade, others to chart safety, sustainability, energy solutions at 17th PSRG-Richardson HSSE forum in Lagos
Oredola Adeola Dr. Layi Fatona, Chairman of Renaissance Africa Energy Company, and…
Latest News
Tinubu appoints Babalola, former-Power Minister as SA on Power, narrows Verheijen’s role
.... new SA on Power takes charge as Chairman of Power Sector…
Nigeria’s electricity is cheaper than everywhere — and that’s the problem
-Adetayo Adegbemle The core paradoxNigeria's weighted average electricity tariff sits at just…
President Tinubu nominates Joseph Tegbe as Minister of Power
... awaits Senate confirmation President Bola Ahmed Tinubu has nominated Mr Joseph…
NNPC finally completes $700m OB3 gas pipeline River Niger crossing after over a decade of delay
...project set to deliver 2bn scf/d capacity, strengthen East–West gas connectivity, improve…
Tinubu sacks NMDPRA Chief, nominates Umar, former Group Sales/Marketing Director at Dangote Cement
…. most senior official at NMDPRA to act as ACE pending Senate…
Egbin Power named GenCo of the Year for operational excellence, sector resilience
Egbin Power Plc, Nigeria’s largest privately-owned thermal power generation company, has been…
FG inaugurates NUPRC Board, Magnus Abe takes over as Chairman, tenure begins April 28
The Federal Government has inaugurated the Board of the Nigerian Upstream Petroleum…
UAE exits OPEC, targets 5m bpd production, $50bn revenue boost
... as oil price hits $110 Oredola Adeola The United Arab Emirates…