‘I’m willing to account for my stewardship at NNPC’, says Mele Kyari
Mele Kyari, the immediate past group chief executive officer of the Nigerian National Petroleum Company, has expressed his readiness to
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Energy
Transcorp Power’s Quarterly Profit Jumps 50% as Generating Capacity Rises
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc, saw its profit before tax rise to N43.3 billion in the
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Manufacturers’ Alternative Power Spend Tops N1trn on Grid Collapse, Pricey Fuel
Manufacturers in Nigeria spent 42.2 percent more on alternative energy sources last year amid unreliable grid power and increases in
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Nigeria’s Sahara Signs Deal to Buy LNG From Mexico for 20 Years
Sahara Group, an African energy and infrastructure conglomerate, has signed a 20-year LNG sale and purchase agreement with Amigo LNG
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Nigeria’s Oil Production Plunges to Five-Month Low Amid Rivers Crisis
Nigeria’s crude oil production fell in March for the second straight month to its lowest since October last year, according
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NGA Set to Spotlight Nigeria’s Gas Sector Progress at WGC 2025
The Nigerian Gas Association (NGA) is poised to spotlight Nigeria’s gas sector progress and opportunities at the World Gas Conference
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Otedola’s Geregu Power Posts 28% Drop in Quarterly Profit
Geregu Power, chaired by billionaire Femi Otedola, posted a profit after tax of N10.43 billion in the first three months
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Blackout Worsens in Nigeria as 13 Power Plants Shut Down
by Lydia Oluremi Many parts of Nigeria have been plunged into blackout following the shutdown of most of the plants
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TotalEnergies’ Nigeria Downstream Unit Boosts Dividend by 60%
The board of TotalEnergies Marketing Nigeria, a fuel marketing company, has proposed a dividend payment of N13.6 billion to shareholders
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Oando’s $783m NAOC Acquisition Wins Continental Recognition
Oando’s acquisition of Nigerian Agip Oil Company (NAOC) from Italian energy company Eni has won the ‘Domestic Impact Deal of
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