Energy

President Bola Ahmed Tinubu has sent 21 nominees to the Senate for the Nigerian Midstream and Downstream Petroleum Regulatory Authority...

Helios Investment Partners has completed the sale of its 75% equity interest in Axxela Limited to BlueCore Gas InfraCo Limited,...

OPEC+ has decided to pause its planned oil supply increases through the first quarter of 2026, maintaining current production levels...

The Nigerian National Petroleum Company Limited (NNPC Ltd) plans to develop new oil fields from 2026 and aims to raise...

Aradel Holdings Plc has completed the acquisition of an additional 40% equity interest in ND Western Limited (NDW), lifting its...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has remitted a total of N12.117 trillion in statutory payments to the...

Tony Elumelu’s Heirs Energies has acquired a 20% stake in Seplat Energy for USD500 million, becoming the single largest shareholder...

Nigerian billionaire Femi Otedola has pocketed roughly N896.5 billion from the sale of his controlling stake in Geregu Power Plc.

Transgrid Enerco Limited has completed its acquisition of a 60% controlling stake in Eko Electricity Distribution Company in a deal valued at approximately N360 billion.  

The Nigerian National Petroleum Company (NNPC Limited) has launched a bid process to sell stakes in some of its oil...