Energy

Nigeria’s electricity distribution companies (DisCos) recorded an estimated N44.27 billion revenue shortfall in the latest reporting period due to persistent...

Oil marketers have revealed that they are getting their petrol supplies from Dangote Refinery and Petrochemical, insisting that nobody is...

Within the first trading week of 2026, Seplat’s shares reached a new 52-week high of N6,171, delivering a 6.2% year-to-date gain and surpassing...

Levene Energy Development Limited has acquired a 30% equity stake in Axxela Limited, one of West Africa’s leading gas and power infrastructure companies.  

Aliko Dangote, Dangote Industries Limited (DIL) Chairman, has filed a corruption petition at the EFCC against Farouk Ahmed, former Midstream Downstream...

The United States’ efforts to restart and control Venezuelan oil exports threaten to displace African crude, notably Nigeria’s, in key markets,...

The Nigerian Electricity Regulatory Commission (NERC) says that three international customers are owing Nigeria $17.8 million (an equivalent of over...

Electricity generation companies (GenCos) in Nigeria received a total of $7.12 million and N3.19 billion from bilateral customers in Q3...

Analysts at CardinalStone project global oil prices will average $55.08 per barrel in 2026, with weaker demand and ongoing supply...

Electricity distribution companies (DisCos) in Nigeria generated N570.25 billion in revenue in the third quarter of 2025, reflecting improved billing...