In a major move for Nigeria's energy sector, Heirs Energies, led by businessman Tony Elumelu, has acquired a 20.07% stake...
Read moreDetailsTransgrid Enerco Limited has officially acquired a 60% controlling stake in Eko Electricity Distribution Company (Eko DisCo) from West Power...
Read moreDetailsElectricity supply is gradually returning to parts of Lagos after a major disturbance to Nigeria’s national power grid plunged many...
Read moreDetailsIn a landmark shift towards full commercialisation, the Nigerian National Petroleum Company (NNPC) Limited has officially invited bids from reputable...
Read moreDetailsNigeria’s perennially fragile power sector suffered another major setback on Tuesday, December 30, 2025, when the national electricity grid collapsed...
Read moreDetailsGeregu Power Plc has announced the appointment of Abdulaziz Yari, a former governor and senator, as its new chairman, following...
Read moreDetailsIn a landmark transaction reshaping Nigeria's energy sector, billionaire investor Femi Otedola has sold his majority stake in Geregu Power...
Read moreDetailsNew data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that the Dangote Refinery significantly underperformed...
Read moreDetailsThe Nigerian Army has intensified its crackdown on economic sabotage in the Niger Delta, announcing the arrest of 19 suspected...
Read moreDetailsThe Federal Government has formally moved to clean up the nation’s fiscal accounts by writing off a massive debt of...
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