Energy
Dangote Refinery Raises Processing Capacity to 700,000 Barrels Per Day
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd), surpassing its...
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TCN Announces Temporary Power Disruptions in Delta Communities Over Substation Maintenance
The Transmission Company of Nigeria (TCN) has announced that several communities in Delta State will experience temporary power disruptions as...
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NERC Approves Compensation for Band A Customers Over Power Supply Shortfalls
The Nigerian Electricity Regulatory Commission (NERC) has approved a special compensation package for eligible Band A electricity customers affected by...
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Paras Energy Secures ₦15bn Debut Bond in Landmark Private Power Sector Issuance
Paras Energy and Natural Resources Development Limited, through its funding vehicle Paras Energy Funding SPV Plc, has successfully completed a...
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Tinubu Approves 2026 Oil Licensing Round as NUPRC Targets Fresh Upstream Investments
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has secured presidential approval to commence the 2026 oil licensing round before the...
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NERC Introduces Net Billing Framework to Reward Renewable Energy Users for Excess Power
The Nigerian Electricity Regulatory Commission (NERC) has introduced a new billing framework that enables electricity consumers with renewable energy installations...
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Anambra Signs Four Electricity Laws to Boost Power Supply, End Distribution Monopoly
The Anambra State Electricity Regulatory Commission (ASERC) has announced that four new regulatory instruments have been signed into law to...
Read moreTCN Extends Outage on Jos-Bauchi-Gombe Transmission Line Until June 30
The Transmission Company of Nigeria (TCN) has extended the scheduled outage on the Jos-Bauchi-Gombe 330kV Single Circuit transmission line until...
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DisCos Collect Nearly N600bn Despite Power Supply Challenges in Q1 2026
Nigeria’s Electricity Distribution Companies (DisCos) collected nearly N600bn from electricity consumers in the first quarter of 2026, despite persistent power...
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Oil Prices Surge as US-Iran Tensions Escalate, Global Markets React Sharply
Oil prices surged sharply on Monday as renewed tensions between the United States and Iran rattled global markets and disrupted...
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