The NNPC/Heirs Energies OML 17 Joint Venture has advanced Nigeria’s gas commercialisation and environmental protection drive with the symbolic signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare …
Power Sector
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BusinessClimate ChangeEnvironmentOil & GasPower Sector
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BusinessLabourNational BudgetOil & GasPower Sector
Dangote Refinery Stops Salaries of Sacked Engineers as Talks with PENGASSAN Continue
The Dangote Petroleum Refinery has stopped paying the monthly salaries of engineers who were disengaged in September following its dispute with the Petroleum and Natural Gas Senior Staff Association of …
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The Abuja Electricity Distribution Company (AEDC) has begun a large-scale retrenchment exercise that has seen about 800 employees laid off, deepening concerns among Nigerians already struggling with rising inflation, worsening …
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BusinessEconomyIndustrial DevelopmentManufacturingNigeriaPartnershipsPower Sector
Axxela Integrated Power Signs Energy Deal with Evans Industries to Boost Manufacturing Efficiency
Axxela Integrated Power has signed a Power Purchase Agreement with Evans Industries Limited, one of Nigeria’s leading manufacturers of home and personal care products, in a move designed to improve …
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BusinessEconomyEnergyGovernanceInfrastructurePower Sector
Experts Warn N2.7 Trillion Gas-to-Power Debt Bailout May Only Provide Temporary Relief
Nigeria’s plan to settle the N2.7 trillion debt owed to gas suppliers has raised questions among energy analysts and market observers. The federal government recently announced a bailout arrangement that …
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EconomyEnergyGovernanceInfrastructurePower Sector
NERC Hands Over Bayelsa Electricity Market to State Regulator
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Bayelsa State to the Bayelsa State Electricity Regulatory Agency (BYERA), marking another major step …
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BusinessEconomyEnergyEnvironmentOil & GasPower Sector
Nigeria Produces 1.37 Trillion scf of Gas in Six Months as Experts Warn on Policy Gaps
Nigeria produced about 1.37 trillion standard cubic feet (scf) of natural gas between January and June 2025, according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
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BusinessCapital MarketEnergyInfrastructureNigeriaPower SectorState News
Elektron Finance Launches N200bn Bond Programme
Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …
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EnergyGovernancePoliticsPower SectorRegulation
Tinubu Names Abdullahi Ramat as Acting Head of Electricity Regulatory Commission
President Bola Ahmed Tinubu has nominated 39-year-old Abdullahi Ramat as the new Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). The announcement was made in a …
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BusinessEconomyEnergyGOVERNMENTInfrastructureNewsNigeriaPoliticsPower Sector
Enugu blackout: States insist on licensing new Discos, accuse EEDC of blackmail over tariff cut
The Enugu Electricity Distribution Company (EEDC) is facing heavy criticism from state governments after it drastically cut power supply to MainPower Electricity Distribution Limited (MEDL), leaving parts of Enugu State …