TCN completes repair of Ikeja-West/Osogbo 330kV line after 32 days
… restores 165MW supply to Ikeja, Eko, Ibadan DisCos Oredola Adeola The Transmission Company of Nigeria (TCN) has completed repairs and restored normal operations on the Ikeja-West/Osogbo 330kV…
Ageing workforce: Adelabu approves training of 1,200 electrical engineers over next 10 years
... prioritizes local contractors under 'Nigeria First' policy Oredola Adeola The Minister of Power, Chief Adebayo Adelabu, has directed the training of at least 1,200 electrical engineers over the next…
ExxonMobil unveils $1.5 bn investment to revive Usan deepwater field
... FID to be implemented between Q2, 2025 - 2027 - Harris Oredola Adeola ExxonMobil has announced a $1.5 billion investment scheduled between Q2 2025 and 2027 to revitalize production…
Nigeria’s economy at risk as crude oil dips below $60 amid OPEC+ surge, big oil supply glut
Professor Iledare forecasts potential budget deficit, sees rising debt exposure amid oil-for-debt commitments Dr. Oni says increased borrowing is likely, raising the debt burden, and repayment risks Damcida foresees Naira…
Dangote commends Tinubu for appointing Ojulari, Kida, says new leadership supports his refinery’s needs
... vows to fight oil marketers, traders, cabals to a standstill Oredola Adeola Aliko Dangote, President of Dangote Group, has commended President Bola Tinubu for appointing Mr. Bashir Bayo Ojulari…
Axxela retains gold medal in 2025 EcoVadis sustainability rating
... secure 95th percentile ranking across key ESG pillars Oredola Adeola Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has retained its Gold Medal in the…
DisCos fail to recover ₦125.7bn in two months despite ₦496bn customers’ billing
... revenue collection improves by 6.56% from January to February 2025 ... Kaduna, Aba, Jos DisCos struggle with low collection efficiencies below 65% in early 2025 Oredola Adeola The…
Tinubu to clear N4 trn GenCos debt within six months — Adelabu
... Minister mulls electricity subsidy removal, urges Nigerians to embrace cost-reflective tariffs Oredola Adeola President Bola Ahmed Tinubu is set to address the N4 trillion debt owed to the Generating…
NNPC’s NGML initiates process to acquire 5.2mmscfd CNG facility from AXXELA’s GNSL
Oredola Adeola NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has initiated a process to acquire a 5.2 million standard cubic feet per…
LSBTC hails VCDF, SEEPCO for donating 853 pints of blood in 4-year health partnership
... as VCDF/SEEPCO sets to establish voluntary blood donor club comprising volunteers Oredola Adeola The Lagos State Blood Transfusion Committee (LSBTC) has commended Vcare for Development Foundation (VCDF) and Sterling…
