Motorists and commuters across Lagos are facing rising transportation costs following another increase in the pump price of petrol, which now sells for between N1,250 and N1,350 per litre at filling stations. A survey by the News Agency of Nigeria (NAN) on Sunday showed growing concern among road users as the increase, driven largely by […]Read More
March 13, 2026 The war in the Middle East has effectively shut in 15% of TotalEnergies’ global oil and gas output, while the now-offline barrels account for about 10% of the supermajor’s upstream cash flow. Following requests from shareholders and to answer the question about the status of TotalEnergies’ exposure to Middle East, the France-based […]Read More
Energy, power
General News
NERC Issues Regulation and Authorization Order for Grid-Connected Private Transmission
The Nigerian Electricity Regulatory Commission (NERC) has issued an order on the Registration and Authorisation of Grid-Connected Private Transmission Substations in the Nigerian Electricity Supply Industry (“NESI”) owned by bulk electricity consumers, to enhance grid reliability, stability, operational efficiency, and ensure compliance with the provisions of the Grid Code. The NERC website states that the […]Read More
Lagos, Nigeria; March 09, 2026: Ikeja Electric (IE) has joined the global community to celebrate International Women’s Day (IWD) 2026, reaffirming its commitment to gender inclusion, mentorship, and the advancement of women within the organisation and the broader society. The celebration, held as a hybrid session and themed “Give to Gain,” highlighted the power of […]Read More
March 7, 2026 A European Union flag flutters outside the European Commission headquarters in Brussels, Belgium February 26, 2026. Summary BRUSSELS, March 7 (Reuters) – The European Union is examining energy taxes, network charges and carbon costs as possible areas for short-term measures to ease pressure on industries hit by high energy prices, a document […]Read More
Energy, power
General News
Sahara Group Deepens Global Employee Engagement Through M.A.D With Football
Sahara Group has launched M.A.D with Football 5.0, the latest edition of its flagship internal engagement initiative, reinforcing its commitment to building a connected, inclusive workforce across geographies. The initiative gives Sahara employees the opportunity to attend live football matches at iconic stadiums including Old Trafford in Manchester and Emirates Stadium in London, using shared […]Read More
February 13, 202 India considers boosting the run rates of its gas-fired power plants during evening peak hours to support the grid amid the surge in renewable power generation, India’s Power Secretary Pankaj Agarwal said on Friday. “For the last three years we have been studying whether gas plants can run for eight hours in […]Read More
February 11, 2026 Record demand for gas turbines has pushed Siemens Energy’s order book to an all-time high as well, amid soaring electricity demand that, it appears, cannot be entirely met with new wind and solar. The German major reported an order increase of over 30% in the first quarter of its fiscal year, bringing […]Read More
February 6, 2026 The electricity regulatory firm established by the Lagos State Government has paid a courtesy visit to the Nigerian Electricity Regulatory Commission (NERC) aimed at strengthening regulatory collaboration and knowledge sharing. The board members of the Lagos State Electricity Regulatory Commission (LASERC) and the Lagos State Independent System Operator (LISO) were led by […]Read More
By Gbenga Adeoti Every electricity market with structural deficits eventually attracts anger. Nigeria’s power sector, shaped by decades of under-investment, regulatory distortion, energy theft, tariff misalignment, and gas supply instability, is no exception. What is surprising is not public frustration, but how easily that frustration can be weaponised into prose that abandons evidence, proportionality, and […]Read More
