Energy

Energy and climate experts are warning that Nigeria could miss out on an estimated $2.5 billion opportunity in the global...

Energy

Turning Idle Megawatts into National Growth: NNPC and PHRC-Genesis Energy Tap Stranded Power for Nigeria’s Grid

The Nigerian National Petroleum Company Limited (NNPC) has announced a fresh initiative to channel excess and previously stranded power from...

Business

From Black Gold to Engineered Fuels: Why OPEC Urges Nigeria to Halt Crude Exports and Prioritise Refining

In a significant strategic pivot, the Organisation of the Petroleum Exporting Countries (OPEC) has instructed Nigeria’s oil producers to stop...

Economy

Senate Report Exposes Decades of Crude Oil Mismanagement, $200 Billion Untraced

A newly approved report by the Senate of the Federal Republic of Nigeria reveals that the nation may have lost...

Economy

Federal High Court Dismisses Dangote Refinery’s ₦100 Billion Suit Amid Fuel Import Policy Shift

byAyotunde Abiodun

The Federal High Court in Abuja on Wednesday dismissed Dangote Petroleum Refinery’s ₦100 billion lawsuit challenging the issuance of fuel...

Business

Major Turbine Relocation Sets the Stage for Greater Power Output in Delta State

In a strategic move to bolster electricity supply, the board of Transcorp Corporation Plc (via its power generation arm) announced...

Business

Fueling Africa’s Future: NNPC’s $60 Billion Partnership Drive to Power the Continent’s Energy Transition

The Nigerian National Petroleum Company Limited (NNPC Ltd) is setting its sights on a bold target, attracting $60 billion in...

Business

Delta Assembly Green-Lights ₦18.1 B Bank Guarantee to Power Asaba’s Grid Overhaul

The Delta State House of Assembly has approved a request from Governor Sheriff Oborevwori to re-issue an ₦18.1 billion Bank...

Economy

Safety First: NEMSA Amplifies Nationwide Inspections Across Nigeria’s Power Network