Sahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
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 …
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 …
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 …
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 …
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 …
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 …
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). …
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 …
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 …