Power sector debt settlement faces scrutiny despite ₦1.23trn bond push

... GenCos warn intervention covers only fraction of ₦7.66tn liability, recommend cost-reflective…

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FG to restart ICB2 meter tender after AMMON drops suit, following Tegbe intervention

... ends months-long delay as fresh momentum builds for nearly 3m DISREP…

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OIL AND GAS

After 13 years of trial delays, Lagos court jails ex-PDP chairman’s son, Ali, one other for petrol subsidy fraud

...convicts fraudulently obtained ₦2.2bn subsidy for fake import of over 30.5m litres…

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Minister Heineken Lokpobiri debunks Dangote refinery’s claim of government price control in petrol market

... we increased loading hours at depots, vessels are being cleared promptly…

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Future of oil and gas is digital, low-carbon – Ekpenyong warns next generation of energy talent

... upskill digitally or risk being left behind... you cannot fully predict…

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Experts at #NOGOF2025 identify indigenous capacity, technology as cornerstone for Nigeria’s energy future

Starzs Gas to create 400 jobs through internships, graduate programs- MD, Ogbeifun…

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70% hydrocarbon losses put Nigeria’s 3mbpd production target at risk – PETAN President

... flags underutilised in-country capacity, limited drilling activity as investment gap widens…

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Sanwo-Olu seeks private sector alliances to harness solar energy, develop mini-grids, promote cleaner fuels for transportation in Lagos

... says "energy transition focuses on exploration, production, storage, distribution, retail, not…

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Adelabu directs DisCos to prepare for 6100MW load uptake, proposes partial risk guarantee for GenCos in next 6 months

... says TCN's  transmission capacity now 8100MW ..sets to bridge 7m metering…

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Nigeria’s June petrol imports rise 200% to 18.1ml/d as Dangote supply falls 22%

... at 101% capacity utilisation, Dangote drops production volume to 39.1ml/d as…

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RENEWABLES

World Bank-backed REA project to deliver 11.9MW solar mini-grids targeting 13,492 users in Rivers State

Oredola Adeola The Federal Government, through the Rural Electrification Agency (REA) under…

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REA adopts private-led framework, deploys $750m to catalyse $1.1bn in renewable energy investment – Aliyu

... says Nigeria's solar portfolio nears 20% of capacity, projects up to…

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REA, NCX, partners sign deal to deliver multi-state 7MW power for agro-industrial clusters

...the power rollout covers Jigawa, Ekiti, Osun, Ebonyi, three other states Oredola…

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REA, Partners launch GFIF, target $188m to boost Nigeria’s 191MW solar expansion

… initiative aligns with $40bn ambition to scale 20GW of clean energy…

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Yusuf, team lead Platforms Africa mentors mass communication students at Olabisi Onabanjo University

Oredola Adeola Yusuf Adeola, the Team Lead of Platforms Africa, has assured…

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Henri Uduku, Black Fine & Fly represents Nigeria at Africa Fashion Week London 2025

Oredola Adeola Henri Uduku and Black Fine and Fly, two Nigerian design…

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 GenCos lose nearly half of generated power worth N1.6 trn due to theft, billing inefficiencies, ATC&C losses- Adelabu 

  Oredola Adeola Adebayo Adelabu, Minister of Power has revealed that power…

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REA, Lotus Bank seal ₦100bn revolving credit deal to boost DARES mini-grid financing

...the facility offers up to N8 bn per developer with a tenure…

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POWER... GENERATION, TRANSMISSION AND DISTRIBUTION

Power sector debt settlement faces scrutiny despite ₦1.23trn bond push

... GenCos warn intervention covers only fraction of ₦7.66tn liability, recommend cost-reflective…

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FG to restart ICB2 meter tender after AMMON drops suit, following Tegbe intervention

... ends months-long delay as fresh momentum builds for nearly 3m DISREP…

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Tegbe to end ‘electricity without impact,’ champions productive power use for economic gains agenda

... REA MD says "power systems endure on institutional strength, authority backings,…

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Minister of Power, Tegbe sets up 9-member inter-agency Committee to fast-track EA implementation targets

... Committee to resolve issues within 4-week rollout Senate Power Committee halts…

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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…

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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…

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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,…

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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…

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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,…

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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…

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Kachikwu proposes expanding NCI Fund from $450m to $1bn through operators, investors contributions

... calls for enforcement to make pipeline contractors invest locally, build JV…

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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…

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Latest News

REA launches 1.5MW Pankshin mini-grid in Plateau

... targets 10 additional DARES projects across multiple LGAs in Plateau Precious…

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Power sector debt settlement faces scrutiny despite ₦1.23trn bond push

... GenCos warn intervention covers only fraction of ₦7.66tn liability, recommend cost-reflective…

admin

FG to restart ICB2 meter tender after AMMON drops suit, following Tegbe intervention

... ends months-long delay as fresh momentum builds for nearly 3m DISREP…

admin

143 companies set to compete for 50 oil, gas blocks at NUPRC bid conference today

... $10bn at stake as licensing round targets 2bn barrels, 400,000bpd oil,…

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Tinubu appoints Fayose as REA Chairman, names Odeyemi NBET MD in fresh appointments to 10 federal agencies

Oredola Adeola President BolaTinubu has approved the appointment of Ayo Fayose, former…

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Nigeria’s June petrol imports rise 200% to 18.1ml/d as Dangote supply falls 22%

... at 101% capacity utilisation, Dangote drops production volume to 39.1ml/d as…

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NCDMB, Minister of Works advocate stricter engineering compliance, oversight to de-risk energy, infrastructure projects

... COREN unveils pre-NYSC engineering residency, mandates Continuous Professional Development for practising…

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Tegbe to end ‘electricity without impact,’ champions productive power use for economic gains agenda

... REA MD says "power systems endure on institutional strength, authority backings,…

admin