• March 29, 2026
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NERC endorses Adegbenro as EKEDC’s Acting CEO

NERC endorses Adegbenro as EKEDC’s Acting CEO

March 23, 2026

The Nigerian Electricity Regulatory Commission (NERC) has formally approved the appointment of Ms. Sherifat Adegbenro as the Acting Chief Executive Officer of Eko Electricity Distribution Company (EKEDC). In a statement issued on Monday and the Commission said the confirmation aligns with the Code of Corporate Governance for the Nigerian Electricity Supply Industry. It added that […]Read More

African countries flock to Nigeria for petrol as the Dangote refinery revises its gantry pricing

African countries flock to Nigeria for petrol as the Dangote

March 23, 2026

Nigeria, Dangote’s refinery is currently being flooded with inquiries as African governments scramble to secure fuel supplies after the Iran war disrupted flows. Dangote Petroleum Refinery and Petrochemicals has been approached by South Africa and other governments in the region, as well as from countries outside the continent, a company executive said in a text […]Read More

Rising energy costs are placing growing pressure on both businesses

March 23, 2026

The Nigeria Employers’ Consultative Association (NECA) has raised concerns over the impact of surging global oil prices on Nigeria, highlighting a resultant rise in energy costs that is affecting both businesses and households. Reacting to the ongoing tensions in the Middle East and their ripple effects on global oil markets, NECA’s Director-General, Mr. Adewale-Smatt Oyerinde, […]Read More

Goldman Boosts Oil Price Forecast by $8 for Brent and

March 23, 2026

March 23, 2026 Brent crude is seen averaging $85 per barrel this year, and West Texas Intermediate could see an average price of $79, Goldman Sachs commodity analysts said in a note released Sunday. They added that the supply loss from the crisis is going to peak at 17 million barrels daily. The price update […]Read More

Saudi Arabia Slashes Oil Supply to Asia as War Chokes Export Route

Saudi Arabia Slashes Oil Supply to Asia as War Chokes

March 23, 2026

March 23, 2026 Saudi Arabia is slashing its crude oil exports to Asia in April, for a second month in a row, as the de facto closed Strait of Hormuz is stranding most of the supply from the world’s top crude exporter. Saudi oil giant Aramco has notified customers of term supply in Asia that […]Read More

REA disburses ₦3.2bn for 1.2MWp mini-grid project in Bauchi

REA disburses ₦3.2bn for 1.2MWp mini-grid project in Bauchi

March 22, 2026

The Rural Electrification Agency (REA) has achieved another significant milestone in its mission to close the energy gap in unserved and underserved communities with the successful disbursement of ₦3.2 billion to Zanoplus.  This capital injection is earmarked for the rapid deployment of solar mini-grid projects across strategic locations in Bauchi State, marking a robust continuation […]Read More

NLC Rejects FG’s N6 trillion bailout for power generation

NLC Rejects FG’s N6 trillion bailout for power generation

March 22, 2026

…Demands total reform The Nigeria Labour Congress (NLC) has rejected the proposed ₦6 trillion bailout for power generation companies, emphasizing that public funds should not be utilized to support what it described as a “cartel of failed investors.“ The union also urged the Federal Government to consolidate the Ministries of Power and Petroleum into a […]Read More

Alake Advocates Regional Hubs To Power Africa’s Mining Industry

Alake Advocates Regional Hubs To Power Africa’s Mining Industry

March 22, 2026

…Over $2.6bn FDI Attracted into the Sector in Two Years The Minister of Solid Minerals Development, Dele Alake, has charged the US  and African nations to prioritize the establishment of regional energy hubs as a strategic pathway to accelerate cross-border mining industrialization and strengthen the supply chain of critical minerals essential for the global energy […]Read More

Clarifying Nigeria-UK Migration Partnership

March 21, 2026

March 21, 2026 It has become necessary to debunk the raft of misinformation assailing the migration partnership between Nigeria and the United Kingdom, as contained in the Memorandum of Understanding signed by the two nations on the sidelines of President Bola Ahmed Tinubu’s historic state visit to the UK. The memorandum on immigration cooperation, like […]Read More

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