December 21, 2025 Heirs Energies Limited has executed a $750 million financing with the African Export–Import Bank (Afreximbank). The transaction was sealed at a signing ceremony in Abuja on Saturday 20th December 2025. Signed by Mr. Tony O. Elumelu, Chairman of Heirs Energies, and Dr. George Elombi, President and Chairman of Afreximbank. The transaction, according […]Read More
energy|general-news:General News|power
President Tinubu Appoints Musiliu Oseni as NERC Chairman, Reconstitutes Board
President Bola Ahmed Tinubu has appointed Musiliu Oseni as Nigerian Electricity Regulatory Commission (NERC) Chairman and approved the reconstitution of the Board following the Senate’s confirmation of its members on December 16. Members of the reconstituted Board are: Mulisiu Olalekan Oseni, PhD. — Chairman. He started his service as a Commissioner in January 2017. He […]Read More
December 02, 2025 TotalEnergies, TES, and three Japanese gas companies have signed a development agreement for the Live Oak e-NG project in Nebraska, targeting commercial operations by 2030. The agreement brings in Osaka Gas, Toho Gas, and ITOCHU, which together will take a one-third stake in what is set to become one of the most advanced synthetic […]Read More
energy|general-news:General News|power
Breaking News: Lagos State Electricity Regulator Issues Distribution Licenses to
Following the decentralisation of the Nigerian Electricity Market to allow State Governments to participate in the electricity market by creating electricity market and regulating same within the state territories, the Lagos State Electricity Regulatory Commission (LASERC) has officially issued distribution licences to Excel Distribution Company Limited and IE Energy Lagos Limited. Excel is a subsidiary […]Read More
energy|general-news:General News|power
Sahara Group Hosts #M.A.DwithNAEC Workshop to Drive Excellence in Energy
Sahara Group, in collaboration with the Association of Energy Correspondents of Nigeria (NAEC), has announced its “Making A Difference: Workshop” aimed at Championing Excellence and Sustainability in Energy Reporting. Tagged “#M.A.DwithNAEC Workshop”, the annual initiative is designed to support energy reporters to hone both their journalistic craft to effectively drive Nigeria’s energy sector reforms and the […]Read More
energy|general-news:General News|power
Ikeja Electric, Epe community leaders form alliance to combat vandalism
In a concerted effort to combat the growing menace of electrical infrastructure vandalism, Ikeja Electric (IE) held a key stakeholder engagement forum with community leaders, the National Youth Council, security agencies, the Epe LGA, Ikosi-Ejirin and Eredo LCDAs. The meeting, held at the Epe Local Government Secretariat, brought together top management from Ikeja Electric and […]Read More
The House of Representatives Public Accounts Committee has summoned 11 electricity Distribution Companies (Discos) to appear before it over an outstanding debt of N2.6 trillion owed to the federation account. The resolution was reached on Wednesday during an investigative hearing chaired by Representative Bamidele Salam, following a review of the 2021 Auditor General’s report. The […]Read More
energy|general-news:General News|power
General News
Egbin Power Plc, Ikeja Electric Plc And First Independent Power
Egbin Power Plc, Ikeja Electric Plc (IE) and First Independent Power Limited (FIPL), have refuted false media reports sourced from misleading advertorials published in This Day Newspapers on August 6, 2025, alleging the appointment of “Kunle Ogunba Esq. SAN” as Receiver/Manager over the entities. The Management of the power companies said the publications, contrary to […]Read More
energy|general-news:General News|power
General News
Mainpower gives Reason for power outage in Parts of Enugu
Mainpower Electricity Distribution Company Limited (MEDL) informed its esteemed customers in parts of Enugu State who have been experiencing power outage over the past four days that the situation is due to a significant drop in Energy allocation from the parent company, Enugu Electricity Distribution Company Plc (EEDC) The management of Mainpower said the development […]Read More
energy|general-news:General News|power
energy|general-news:General News|power|renewables
NERC Transfers Electricity Regulatory Oversight to Nasarawa State
August 3, 2025 The Nigerian Electricity Regulatory Commission (NERC) has issued an order to transfer regulatory oversight of the electricity market in Nasarawa State from the Commission to the Nasarawa State Electricity Regulatory Commission (NASERC). This is incompliance with the amended Constitution of the Federal Republic of Nigeria (CFRN) and the Electricity Act 2023 as […]Read More
