Discos Boost Revenue to N100bn Amid Power Shortages

Amid low power generation complaints, Nigeria’s electricity distribution companies (Discos) raised monthly revenue from N95 billion…

Tony Elumelu Calls Out N2 Trillion Power Sector Debt, Demands Swift Government Action

At the 18th Annual General Meeting (AGM) of Transcorp Plc held in Abuja, the Chairman, Mr…

Debt Clearance and Infrastructural Upgrade Can Fix Nigeria’s Power Sector – George Etomi

George Etomi, founder of George Etomi & Partners, recently discussed Nigeria’s power issues in an interview…

NNPC Launches First Nationwide Electric Vehicle Charging Station

NNPC New Energies Limited (NNEL), a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), has…

IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection

The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…

Nigerian Businesses Waste ₦5 Trillion Yearly on Inefficient Power Generation – All-On, Nextier Report

In a recently released energy business report put together by impact investor All-On and multi-complacency firm…

SIA Group Partners with Neste for Changi SAF

The Singapore Airlines (SIA) Group partners with Neste to acquire 1,000 tonnes of Neste MY Sustainable…

DisCos Align as NERC Slashes Electricity Tariff to N206 per KWh

The Nigerian Electricity Regulatory Commission issued a revised tariff order covering May 2024 to eleven electricity…

Starsight Energy and West Africa Container Terminal Sign 1.2GWh Solar Power PPA

Starsight Energy and West Africa Container Terminal (WACT) have recently signed a Power Purchase Agreement (PPA)…

Egypt to Cut Down LNG Exports in May

Egypt has announced temporary cuts to its liquefied natural gas (LNG) exports starting in May. This move…