Energy

Nigeria Seeks $15 Billion Investment in Power Sector, Retains Subsidy for Vulnerable Households

Nigeria Seeks $15 Billion Investment in Power Sector, Retains Subsidy for Vulnerable Households

The Federal Government of Nigeria has unveiled an ambitious plan to attract $15 billion in private investments to revitalize the… Read More

6 months ago

Nigerian Power Utility Bars Prepaid Recharges Below $6.50, Sparking Public Outrage

A new policy by the Ibadan Electricity Distribution Company (IBEDC), one of Nigeria’s major electricity providers, has sparked widespread backlash… Read More

6 months ago

Finnish government shows high hopes on Nigeria’s energy sector

Finnish Ambassador to Nigeria, Ms. Sanna Selin, has highlighted Finland's interest in expanding cooperation with Nigeria in energy and other… Read More

6 months ago

Trump Calls on OPEC Nations to Lower Oil Price

Donald Trump has publicly urged OPEC countries to reduce oil prices. This directive is not just an economic plea but… Read More

6 months ago

Aba Power (DISCO) Sets New Benchmark as First Nigerian DisCo to Supply Uninterrupted Electricity for a Month

Aba Power has recently achieved a groundbreaking milestone by becoming the first Nigerian electricity distribution company (DisCo) to provide one… Read More

6 months ago

Nigeria’s energy sector secures $6.7bn investment in 2024

  Nigeria’s energy sector witnessed a remarkable injection of $6.7 billion in 2024, signaling significant progress in the country’s quest… Read More

6 months ago

Oando Energy Resources obtains operatorship of Block KON 13 in Angola, eyes increased productivity

Oando PLC has informed the Nigerian Exchange that its subsidiary, Oando Energy Resources, has been chosen to lead the operations… Read More

6 months ago

Nigeria Leads Africa in Upstream Oil and Gas Investment

In 2024, Nigeria’s energy sector reclaimed its status as Africa’s premier destination for upstream oil and gas investment. Spearheaded by… Read More

6 months ago

African Energy Summit 2025: World Bank and AfDB to Deliver Electricity to 300 Million Africans by 2030

Joining forces at the Africa Energy Summit 2025, the World Bank and the African Development Bank (AfDB) have launched an… Read More

6 months ago

Fuel Price: Rejecting NLC’s Democracy of Cheap Petrol and Suicidal Subsidy

"After almost 50 years of fuel subsidy, it is very clear that what the fuel subsidy delivers to Nigerians is… Read More

11 months ago