- Wednesday, July 01, 2026
BusinessDay
…Generate 1,045MW independently No fewer than 20 additional Nigerian companies exited the national electricity grid between January and September 2025,...
Nigeria’s electricity subsidy bill climbed to ₦1.98 trillion over 12 months, even after tariff increases for many consumers, according to...
Nigeria’s electricity distribution companies saw their collective revenue jump to N570.25 billion ($370 million) in the third quarter, a 22...
Nigeria spent nearly N2trn on electricity subsidies despite tariff hikes The Federal Government incurred N1.98 trillion in electricity subsidy obligations...
Two of the country’s most prominent billionaires have executed near-mirror strategic pivots over the past decade, with Femi Otedola exiting...
When Transgrid Enerco completed its acquisition of a 60 percent major stake in Eko Electricity Distribution Company seven days ago,...
Global push to expand solar and renewable electricity is increasingly being shaped not just by rising energy demand, but by...
A federal high court in Abuja has ordered the interim forfeiture of ₦30.7 million suspected to be proceeds of fraud...
Nigeria’s ambition to boost crude oil production to 1.80 million barrels per day in 2026 depends less on drilling new...
Dangote Petroleum Refinery said on Monday that it continues to produce petrol and other refined products despite ongoing maintenance work...
Shares of the U.S. oil majors, including Chevron and ExxonMobil, jumped in premarket trading on Monday following the U.S. operation...
Hours after the U.S. military captured Venezuelan president Nicolás Maduro, President Trump made it clear that the U.S. operation is...
Chevron Corp. has begun production at its South N’dola oil field off the coast of Angola, adding roughly 20,000 barrels...
Petralon Energy, a Nigerian oil exploration and production company, appointed Uduak Equere as executive director effective Monday, as the independent...
Kola Adesina, the Group Managing Director of Sahara Power Group, has said Nigeria’s power sector is entering a more stable...
