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

How NUPRC’s professionalism, transparency, others drive Nigeria’s 2024 oil licensing round

By op-ed by Mohammed Musa There were indications that the just-concluded Nigeria’s…

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Sterling Oil resolves dispute with PENGASSAN, commits to full compliance on expatriate quota breaches

... to prioritize internal conflict resolution, proactive management of future concerns Oredola…

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“Only a contestable market can protect Nigeria from Middle East–driven volatility” – Nwakwue at MEMAN/S&P webinar

... warns against concentration risk "...government must closely monitor prices and be…

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Sanusi critiques Tinubu’s economic reforms, highlighting concerns for long-term impact

  Op-ed by Shola Adebowale The recent statement by Emir of Kano,…

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President Tinubu is taking in-country gas utilisation to unprecedented levels — Soneye

…says NNPC sets to roll out 5 mini-LNG stations in Ajaokuta this…

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Barclays Bank signals interest in financing Nigeria’s oil, gas projects

... as Engr. Komolafe, CCE NUPRC says recent deals show IOCs restructuring…

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Ademola Adigun/Engr. ChiChi Emenike, Ifeoma Finnih/Ahmad Damcida clash over global climate agenda: Pathway to development or threat to Africa’s energy sovereignty?

Oredola Adeola At the recently concluded Energy Sustainability Conference organized by the…

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Communication is key: Dr. Yusuf calls on FG to demand accountability from oil operators on 2030 3mbpd target

  Dr. Adeola Yusuf, an energy communication researcher, has called on President…

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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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Dangote exports 1.7 mb of Jet Fuel to U.S, amid Phillips 66’s Bayway refinery shutdown

... diverts market, finds international outlets as NNPC ends crude-for-Naira deal  …

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GEIL’s $400m Otakikpo: Nigeria’s 1st fully indigenous onshore crude oil export terminal commissioned

... becomes second-largest after Bonny, further breaking 50-year foreign dominance in crude…

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Multisub Energy, OHCDT empower host communities with solar lights, other projects

...as NUPRC commends company’s social investment Multisub Energy Limited, an indigenous oil…

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President Tinubu reconstitutes FGN Power Company Ltd mgt team, reappoints Anuwe, Prof. Lawal

  Oredola Adeola President Bola Tinubu has initiated the restructuring of key…

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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…

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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,…

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