Nigeria oil output hits 1.735mbpd in June, crude at 1.56mbpd as growth extends to 4th month
... exceeds OPEC quota by 4% as crude output hits 1.56mbpd in…
NIPCO posts N1.98trn revenue, N12.23bn profit after tax in 2025, confirms upstream shift with £28.7m Savannah deal
... expands petrol stations to 400, targets 45 CNG stations nationwide Oredola…
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OIL AND GAS
NERC recommends integrating renewable energy into national grid to lower electricity tariffs
Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has recommended the…
NLNG CEO urges stakeholders to shift from rhetoric to performance for global competitiveness
...calls for asset integration, capital efficiency to unlock long-term value in gas…
From ₦287bn in 2020, NNPC’s 2024 profit soars to ₦5.4tn, up ₦2.1tn from 2023
... as Ojulari sets ambitious $60bn investment target to boost oil,…
Governor Adeleke signs Osun state Electricity Market Regulatory bill
... directs Ministry of Energy to fast-track implementation Oredola Adeola…
FG inaugurates ₦40bn Third Mainland bridge CCTV centre, powered by 240 solar panels for 24/7 surveillance
Oredola Adeola The Federal Government has inaugurated the Third Mainland Bridge…
NewsDirect honours Engr. (Dr.) Adedeji Ashiru with ‘Exemplary Leadership in Public Service’ award
... under his watch, modern irrigation, solar-powered dot landscape of Ogun,…
FG dismisses leaked document on N5.4 trn petrol subsidy allocation for 2024
... reveals documents on fiscal policy proposal not official ...fuel subsidy…
FG confirms transfer of $1.3 billion Zungeru hydroelectric power plant to Penstock Ltd
Oredola Adeola The Nigerian Government has confirmed that the transfer of ownership…
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…
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…
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…
REA, Partners launch GFIF, target $188m to boost Nigeria’s 191MW solar expansion
… initiative aligns with $40bn ambition to scale 20GW of clean energy…
Don't Miss
FG sets to secure $3bn from Standard Chartered Bank for NLNG dividend initiative
"Nigeria still requires substantial investments in the oil and gas sector"…
NERC approves N225/KwH tariff hike for electricity consumers with immediate effect
.... new tariff affects only band A electricity consumers The Nigerian Electricity…
Falcon Corporation Ltd. earns ‘A’ long-term, ‘A1’ short-term credit ratings from Agusto & Co.
... receives stable outlook, reinforcing strong financial position Oredola Adeola Falcon Corporation…
Nigeria’s active oil rigs rise to 44, over N326bn allocated to host communities
... as NUPRC projects 1.4bn barrels reserve growth, boost in daily oil…
POWER... GENERATION, TRANSMISSION AND DISTRIBUTION
There is nothing wrong with NERC order, should bring DisCos to the table on CapEx reform
By Adetayo Adegbemle Newspaper publications alluding that Nigeria's electricity distribution companies have…
NDPHC hands over 225MW Gbarain plant, idle since Nov 2020, to Schneider/TILT for full rehabilitation
... OEM-led intervention targets delivery within 12 months after receipt of all…
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…
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…
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
There is nothing wrong with NERC order, should bring DisCos to the table on CapEx reform
By Adetayo Adegbemle Newspaper publications alluding that Nigeria's electricity distribution companies have…
Nigeria oil output hits 1.735mbpd in June, crude at 1.56mbpd as growth extends to 4th month
... exceeds OPEC quota by 4% as crude output hits 1.56mbpd in…
NIPCO posts N1.98trn revenue, N12.23bn profit after tax in 2025, confirms upstream shift with £28.7m Savannah deal
... expands petrol stations to 400, targets 45 CNG stations nationwide Oredola…
NDPHC hands over 225MW Gbarain plant, idle since Nov 2020, to Schneider/TILT for full rehabilitation
... OEM-led intervention targets delivery within 12 months after receipt of all…
VCDF, SEEPCO partner Lagos to plant 5,500 trees across 153 schools under grow green initiative
Vcare for Development Foundation (VCDF), with backing from Sterling Oil Exploration and…
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…
NLNG wins Operational Excellence Award at 2026 #NOGenergyweek, reinforces industry leadership
Oredola Adeola NLNG has been honoured with the Operational Excellence Award at…
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…