Energy
DisCos Install 241,590 Meters in Two Months as Nigeria’s Metering Gap Persists
Electricity distribution companies across Nigeria installed a combined 241,590 meters in the first two months of 2026 as efforts to...
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Seplat Energy Sees Higher Cash Flow Opportunity From Rising Oil Prices
Chief Executive Officer of Seplat Energy, Roger Brown, has said ongoing tensions between the United States and Iran could drive...
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Seplat Targets $1bn Shareholder Dividends as Production Expansion Gains Momentum
Seplat Energy has projected that it will deliver $1bn in shareholder dividends over the next four to five years as...
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DisCos Warn Lagos Against Scrapping Electricity Band Classification
Electricity distribution companies have criticised the Lagos State Government’s proposed plan to phase out electricity customer band classification, warning that...
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Brent Crude Falls to $105 Amid Iran Peace Talks and Easing Supply Concerns
Global oil prices declined on Wednesday as renewed peace talks aimed at easing tensions in the Middle East raised hopes...
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Two Arrested Over Vandalism of TCN Towers in Ebonyi
Transmission Company of Nigeria (TCN) has confirmed the arrest of two suspects linked to the vandalism of Towers T15, T16...
Read moreBrent Crude Climbs to $111.4 Despite Progress in US-Iran Peace Talks
Brent crude oil prices rose to $111.4 per barrel on Tuesday, up from $110 recorded on Monday, despite ongoing peace...
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Lagos Plans to End Electricity Band System, Targets 24-Hour Power Supply
The Lagos State Government has announced plans to phase out the electricity band classification system introduced by the Nigerian Electricity...
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Tony Elumelu Set for Seplat Board Election at 2026 AGM
Multi-billionaire businessman and founder of United Bank for Africa, Tony Elumelu, is expected to be formally elected to the board...
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DAPPMAN Opposes Dangote Refinery’s Fresh Lawsuit Over Fuel Import Licences
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has opposed a fresh lawsuit filed by the Dangote Petroleum...
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