• July 5, 2025
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U.S. electric grids brace for scorching heat as energy prices surge

U.S. electric grids brace for scorching heat as energy prices

June 24, 2025

June 23, 2025 U.S. grid operators on Monday directed power plants to maximize their output as wholesale electricity prices skyrocketed during a dangerous heat wave afflicting the eastern half of the country. When homes and businesses crank up energy-intensive air conditioners, the risk of power outages increases in extremely hot temperatures if electricity output fails […]Read More

Iran Floods Tankers with Oil To Shield Crude From Missile Strikes

Iran Floods Tankers with Oil To Shield Crude From Missile

June 21, 2025

Jun 20, 2025 Iran Loads Every Available Barrel of Oil on Its Tankers  Following confrontation with the prospect of the Trump Administration potentially attacking its infrastructure, Iran has been maximizing exports and sending as much produced crude as possible to its terminal in Kharg Island. According to Oilprice.com news, Iran’s main crude oil loading port, […]Read More

Dangote Refinery to Commence Distribution of Petrol, Diesel to Manufacturers

Dangote Refinery to Commence Distribution of Petrol, Diesel to Manufacturers

June 15, 2025

Dangote Petroleum Refinery will commence the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country as from 15th August, 2025. The initiative comes with free logistics to boost distribution network, the company said in a statement on Sunday. According to the […]Read More

LASERC to take full regulatory responsibility for Eko and Ikeja Discos 

LASERC to take full regulatory responsibility for Eko and Ikeja

June 5, 2025

Following the Order on the transfer of Regulatory Oversight of Electricity Market in Lagos State, issued on 5th Decemer, 2024, by NERC, which created the transitional framework for the transfer of regulatory oversight from NERC to Lagos State Electricity Regulatory Commission (LASERC), NERC has formally notified Eko and Ikeja Discos of the formal transfer of […]Read More

Natural Gas: MDGIF invests viable projects to deepen consumption

Natural Gas: MDGIF invests viable projects to deepen consumption

June 3, 2025

The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says it will continue to prudently invest in economically valuable and viable projects that seek to increase domestic consumption of natural gas in Nigeria. The Executive Director, MDGIF, Mr Oluwole Adama, said this on Thursday at the commissioning of the MDGIF/FEMADEC Integrated CNG Refuelling Infrastructure at Yakubu […]Read More

President Tinubu to Mark ECOWAS’S 50th Anniversary, Commission Projects

President Tinubu to Mark ECOWAS’S 50th Anniversary, Commission Projects

May 27, 2025

May 26, 2025 President Bola Ahmed Tinubu will leave Abuja on Tuesday for Lagos to celebrate, along with other leaders, the 50th anniversary of the Economic Community of West African States (ECOWAS). The ECOWAS golden jubilee was flagged off in Accra last month. The Lagos events will include reenacting the 1975 declaration at the Nigerian […]Read More

Eko DisCo Reaffirms Commitment to Sustainable Infrastructure Investment/Improved Customer Service

Eko DisCo Reaffirms Commitment to Sustainable Infrastructure Investment/Improved Customer Service

May 23, 2025

Eko Electricity Distribution Company (EKEDC) has reaffirmed its dedication to enhancing service delivery through continuous investment in network infrastructure and workforce development. This commitment was reiterated by the company’s Managing Director/CEO during a customer engagement forum held on Thursday under the FESTAC Business District. The interactive session brought together EKEDC management and customers to address […]Read More

Minister of Power Says Electricity Subsidy Has Led To Huge Debt In Power Sector

Minister of Power Says Electricity Subsidy Has Led To Huge

May 22, 2025

May 21, 2025 Minister of Power, Adebayo Adelabu revealed that the Federal Government (FG) is indebted to Electricity Generation Companies (GenCos) about N4 trillion, including the N1.94 trillion since 2024. Adelabu clarified that payment of electricity subsidy is no longer sustainable adding that it is gulping up to N200b monthly. The Minister said that the […]Read More

Electricity demand expected to jump by more than 75% by 2050 as costs rise, report says

Electricity demand expected to jump by more than 75% by

May 21, 2025

May 20, CBS News A dramatic demand for electricity, coupled with a rise in costs, could create massive energy challenges for the United States over the next two decades, a new report released Tuesday by ICF found. The global consulting and technology services company predicted that electricity demand could jump at least 25% in the next five […]Read More

Governor Sanwo-Olu Swears in New TESCOM, LASERC, LASIEC Members

Governor Sanwo-Olu Swears in New TESCOM, LASERC, LASIEC Members

May 21, 2025

May 20, 2025   The Lagos State Governor, Babajide Sanwo-Olu, has inaugurated new chairpersons and members for three critical state commissions. These includes the Teaching Service Commission (TESCOM), Lagos State Electricity Regulatory Commission (LASERC) and Lagos State Independent Electoral Commission (LASIEC). The newly appointed TESCOM leadership includes Mopelola Peregrino as Chairperson, alongside Kafayat Ajenifuja (Commissioner […]Read More

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