Reps Summon CBN, 11 DisCos Over $321m Loan

The House of Representatives Public Accounts Committee chaired by Hon Bamidele Salam (Osun-PDP) on Thursday summoned…

Summit Energy Donates Solar System to Orphanage in Tanzania

Summit Energy, a solar installer, celebrated its company anniversary by announcing the donation of a kitchen,…

Post-Brexit Carbon Prices May Cost UK Billions

An industry report said yesterday that Britain’s Treasury could lose 3 billion pounds ($3.6 billion) of…

FG, CBN to Fund 4 Million Prepaid Meters Production

In collaboration with the Central Bank of Nigeria, the Federal Government has said it would finance…

Nigeria Paid N135 Billion in Electricity Subsidy in Q2 2023

The Federal Government said it paid N135.2 billion for electricity subsidy in the second quarter of…

Obasanjo Urges Just Energy Transition to Nigeria, Africa

Former President Olusegun Obasanjo has urged the developed economies to work towards making the energy transition…

Consumers Paid N267.86Billion Electricity Bills in Q2 2023

The Nigerian Electricity Regulatory Commission (NERC) has revealed that power consumers paid a total of N267.86bn…

Brent Oil Hits $90 Amid Israel-Hamas Conflict

Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…

South Africa’s Equites to Expand Solar Capacity

South African property group Equites has disclosed plans to increase its solar capacity. The Chief Operating…

Nigeria Imports 23.5 Billion Litres of PMS in 2022

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Nigeria imported 23.5 billion litres of…