Tariff Slash: EERC Moves to Resolve Sudden Power Supply Shortages

… As EEDC blames “code coverage conflicts and related glitches” The Enugu State Electricity Regulatory Commission, EERC, says it is taking steps to resolve the sudden electricity supply shortages that have plunged parts of the country into an acute power shortage. Recall that MainPower Electricity Distribution Company Limited had last week issued a statement where […]Read More

Ikeja Electric Announces New Prices of Prepaid Meters

Ikeja Electric (IE) has announced the new prices of prepaid meters of its vendors, effective 6th August, 2025. According to information, the prices will remain until further review. Noted that meter prices have now been deregulated to ensure that Meter Asset Providers (MAP) are able to put in bids that reflect the actual prices of […]Read More

Nigerian Energetic/Passionate Designers to Feature at Africa Fashion Week London

Two Nigerian design houses are set to showcase their energy and passion for designs at the Africa Fashion Week London (AFWL) 2025, scheduled for August 9 – 10 at Space House, London.   Henri Uduku and Black Fine and Fly energetic and passionate designers will represent Nigeria’s fashion and design industry at one of the world’s most prestigious […]Read More

EPA Set to Cancel $7 Billion in Solar Project Grants

August 06, 2025 The U.S. Environmental Protection Agency (EPA) plans to terminate $7 billion in federal grants for solar power projects in low-income communities, the New York Times reports, as the Trump Administration continues to roll back Biden’s climate legislation and funding. The EPA is currently drafting termination letters to the 60 recipients of $7 billion […]Read More

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

Fuel retailers says no to NMDPRA’s proposed decommissioning rules

6th August 2025 The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has proposed fresh rules on the safe decommissioning of filling stations, sparking opposition from retail outlet owners in the downstream sector. The draft regulation, currently undergoing public scrutiny at the Stakeholders’ Consultation Forum on the Proposed Midstream and Downstream Petroleum Safety and Environmental […]Read More

HEIRS Energies CEO  To Advocate for Africa’s Energy Sufficiency At 

Heirs Energies, Africa’s largest indigenous-owned integrated energy company, has announced that its Chief Executive Officer, Osa Igiehon, will represent the company at the 2025 U.S.-Africa Energy Forum (USAEF), taking place on August 6–7, 2025 at the Post Oak Hotel in Houston, Texas. The Forum will bring together U.S. and African policymakers, financiers, and private sector […]Read More

Exxon Signs Oil Deal in Libya

August 05, 2025 Exxon has inked a preliminary deal for exploration at four offshore blocks in Libya after a decade of absence from the country. The news was reported by Libya’s National Oil Corporation, which said the U.S. supermajor will conduct a detailed technical study of the blocks that are located off the country’s northwest coast and […]Read More

Dominion Energy Sees Q2 Profit Surge

August 04, 2025 Dominion Energy  reported strong second-quarter 2025 financial results, posting GAAP net income of $760 million, or $0.88 per share—an increase of 38% over the $0.64 per share recorded in Q2 2024. Operating earnings, the company’s preferred non-GAAP metric, came in at $0.75 per share, up from $0.65 a year earlier. The Richmond-based utility […]Read More

Oil Prices Dip as OPEC+ Pushes Ahead With Output Hikes

August 03, 2025 Oil prices slipped in early Asian trading on Monday as OPEC+ confirmed another substantial production increase for September, continuing its rapid unwinding of voluntary output cuts despite tepid demand growth in Asia. Brent crude futures fell 0.46% to $69.35 a barrel, while U.S.  Intermediate declined 0.45% to $67.03. Both benchmarks had already lost roughly […]Read More

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