The federal government yesterday announced the successful issuance of a N501 billion inaugural bond for Generation Companies (Gencos) under the Presidential Power Sector Debt...
Abuja Electricity Distribution Plc has transitioned into a Holding Company structure The move follows the Electricity Act of 2023, which decentralised electricity regulation to...
Electricity is Nigeria’s most expensive public failure, draining trillions from the economy each year while dimming productivity, trust, and growth. Against the backdrop of...
Electricity distribution companies across the country billed customers a total of N255.19bn for power supplied in October 2025, but collected N210.92bn, leading to combined...
Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway...
Ørsted has signed an agreement with Cathay Life Insurance, and its affiliate Cathay Power, under which Cathay will acquire a 55 per cent ownership stake...
The 160-MW CPV Backbone Solar project is now online in Garrett County. The project, developed by Competitive Power Ventures affiliate CPV Renewable Power, is...
The Transmission Company of Nigeria recorded 131 cases of infrastructure vandalism across its network in 2025, even as it achieved a historic milestone in...
The NNPC/Heirs Energies OML 17 Joint Venture today advanced Nigeria’s gas commercialisation and environmental stewardship agenda with the symbolic signing of Gas Flare Commercialisation...
The African Energy Policy Alliance (AEPA) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its transparent handling and timely release of the...
