Skip to content
Amid persistent blackouts, DisCos rake in N598bn Q1, 2026
Nigerian Electricity DisCos Regulatory Commission (NERC) has disclosed that distribution companies (DisCos) in the country generated a combined total of N597. 55 billion in revenue during the first quarter of 2026. According to the NERC data, 11 electricity distribution companies generated…
FG’s N40bn debt, others crippling operations of Ibom Power Company — Gov. Eno
Federal Government’s N40 billion debt owed to the Ibom Power Company (IPC) is crippling operations of the state-owned generating company (GenCo), according to Governor Uno Eno. The Akwa State governor, Eno who disclosed this, weekend, during a media briefing in…
WIEN commends ExxonMobil on fostering inclusive workplace culture
Africa’s leading gender diversity advocacy group, the Women in Energy Network (WIEN), has commended ExxonMobil for promoting gender equity and creating an inclusive work environment across its Nigerian operations. The organization also pledged to deepen collaboration with the energy giant…
NLNG to boost LNG shipping capacity by over 500,000 cubic metres
Nigerian Liquefied Natural Gas (NLNG) Limited is set to increase its liquefied natural gas (LNG) transportation capacity by more than half a million cubic meters over the next three years as it strengthens its position in the global supply chain…
Renaissance CEO tasks young professionals with leading Africa’s energy resilience
Renaissance Africa Energy Company has challenged young professionals across the continent to take the lead in driving innovation, sustainability and long-term energy security as Africa seeks solutions to its persistent energy access challenges. The Managing Director and Chief Executive Officer…
NNPCL reports revenue growth of N4.97tn in April
State-owned energy company, Nigerian National Petroleum Company Limited (NNPCL) has declared a significant increase in revenue for April 2026, generating N4.971 trillion, according to the latest monthly operational report of the firm released, Monday. According to NNPCL the figure represents a…
Nigeria’s $5bn NLNG Train 7 nears pre-commissioning stage — Official
Nigeria Liquefied Natural Gas (NLNG) has announced that the country’s $5 billion LNG Train 7 project will soon be put into operation having reached 92 per cent completion stage. The NLNG also added that the development marks a major…
Retailers blame unstable forex, others for rising prices of cooking gas
Retailers under the aegis of the Liquefied Petroleum Gas Retailers Association of Nigeria (LPGAR) have blamed the rising prices of cooking gas in the country on foreign exchange instability, high depot prices, and distribution costs. Chairman of the group, Ayobami Olarinoye,…
NBS: Petrol, cooking gas continue price surge in April
National Bureau of Statistics (NBS) has said that the average pump price of a litre of premium motor spirit (PMS), also known as petrol, witnessed a surge from N1,288.54 in March to N1,532.93 in April. This is also the agency…
Hormuz: IMF, World Bank, IEA warn of acute fuel scarcity
Amid escalating prices of petroleum products, as well as, the liquefied petroleum gas (LPG) across parts of Nigeria, and the rest of the world, leaders of the International Monetary Fund (IMF), World Bank and International Energy Agency (IEA) have warned of…
