The Federal Government has revealed that Nigeria’s energy sector received a total investment of $6.7 billion in 2024. This was contained in a report released by...
Oando PLC, Africa’s leading indigenous energy solutions provider, has secured the operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin. This achievement follows a competitive...
Transcorp Power Plc, a Transcorp Group power business, hit significant milestones in financial performance for the fiscal year 2024, signalling further robust growth in revenue and...
Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned to Nigeria. Her return comes after serving part of a six-year...
The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval of a licence for MRO Energy Limited to construct a new...
Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity stake in Eko Electricity Distribution Company (Eko DisCo). Transgrid Enerco Limited...
Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s metering gap continues to widen with more than seven million electricity...
The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at its retail outlets. This increase is in response to rising global...
Oil prices remained steady on Wednesday as investors assessed the potential impact of U.S. President Donald Trump’s newly announced energy policies. Brent crude oil, against which...
Netflix ended 2024 on a high note as its global subscribers rose to 302 million and its annual operating income exceeded $10 billion for the first...