Archives for ENERGY - Page 8
Blackouts: GenCos, DisCos clash over rejected power
As Nigerians endure several weeks of blackout, power generation companies have accused the distribution companies of deliberately rejecting electricity load allocations, resulting in heavy financial losses to the sector. In…
FG targets 5.2m electricity connections under $750m loan
The Federal Government is targeting the connection of million Nigerians to electricity by June 2026 under a $750m World Bank-backed intervention aimed at expanding access through renewable energy solutions. This…
US cuts Nigerian crude imports by nearly 50%
The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about per cent month-on-month, according to the latest data from the Census…
NCDMB Lauds ESSO on $23m new logistics base at LADOL
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base,…
Capital Goes Where Value is Clear, Nigeria Has That Value -NNPC GCEO Ojulari
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today delivered a characteristically direct and pragmatic assessment of Nigeria and Africa’s energy future at CERAWeek 2026, declaring…
NCDMB Boss Upbeat about Radisson Hotel, Yenagoa, as SA’s Edison Corporation Promises World-class Services
BY NGOZI ONYEAKUSI The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed confidence that the five-star Radisson Hotel and Conference Centre,…
Middle East: Nigeria records highest fuel price hike globally—REPORT
Nigeria recorded the sharpest increase in the pump price of petrol worldwide at the backdrop of the war in the Middle East, an analysis of Global Petrol Prices has revealed.…
NLNG Expands VIBES Programme with Induction of New Beneficiaries
BY NGOZI ONYEAKUSI Sophia Horsfall (middle), GM, External Relations & Sustainable Development, Yemi Adeyemi (6th left), Manager, Community Relations & Sustainable Development, with beneficiaries at the NLNG VIBES Graduation/Induction Ceremony…
Togo moves to increase electricity imports from Nigeria
The Republic of Togo has expressed interest in increasing its electricity purchases from Nigeria’s Niger Delta Power Holding Company to meet rising demand and extend reliable electricity supply to newly…
NUPRC moves against dormant oil licences
Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has declared that the era of oil companies holding on to prospecting licences without developing the assets is…
