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 …
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 …
Stakeholders in Nigeria’s electricity industry have again raised alarm over the country’s weak national grid and called for immediate reforms to help integrate renewable energy into the power system. The …
Electricity consumers across Nigeria failed to pay a total of N70.25 billion in May 2025, according to the latest commercial performance report released by the Nigerian Electricity Regulatory Commission (NERC). …