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Energy FEATURED Latest TOP STORIES 

‘I’m willing to account for my stewardship at NNPC’, says Mele Kyari

May 3, 2025May 3, 2025 Markets Reporters 0 Comments EFCC, Mele Kyari, NNPC

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 FEATURED Latest TOP STORIES 

Transcorp Power’s Quarterly Profit Jumps 50% as Generating Capacity Rises

April 25, 2025 Markets Reporters 0 Comments Peter Ikenga, Transcorp Power

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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Energy FEATURED Latest TOP STORIES 

Manufacturers’ Alternative Power Spend Tops N1trn on Grid Collapse, Pricey Fuel

April 21, 2025 Markets Reporters 0 Comments Alternative energy sources, National grid collapse

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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Energy FEATURED Latest TOP STORIES 

Nigeria’s Sahara Signs Deal to Buy LNG From Mexico for 20 Years

April 16, 2025April 16, 2025 Markets Reporters 0 Comments Amigo LNG, Sahara Group

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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Energy FEATURED Latest TOP STORIES 

Nigeria’s Oil Production Plunges to Five-Month Low Amid Rivers Crisis

April 14, 2025April 14, 2025 Markets Reporters 0 Comments Nigeria oil production

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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Energy FEATURED Latest TOP STORIES 

NGA Set to Spotlight Nigeria’s Gas Sector Progress at WGC 2025

April 12, 2025April 13, 2025 Markets Reporters 0 Comments Akachukwu Nwokedi, Nigerian Gas Association, World Gas Association

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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Energy FEATURED Latest TOP STORIES 

Otedola’s Geregu Power Posts 28% Drop in Quarterly Profit

April 12, 2025April 12, 2025 Markets Reporters 0 Comments Geregu Power

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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Energy FEATURED Latest TOP STORIES 

Blackout Worsens in Nigeria as 13 Power Plants Shut Down

April 8, 2025April 9, 2025 Markets Reporters 0 Comments Blackout in Nigeria, National grid

by Lydia Oluremi Many parts of Nigeria have been plunged into blackout following the shutdown of most of the plants

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Energy FEATURED Latest TOP STORIES 

TotalEnergies’ Nigeria Downstream Unit Boosts Dividend by 60%

April 4, 2025April 4, 2025 Markets Reporters 0 Comments Jean-Phillipe Torres, TotalEnergies Marketing Nigeria

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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Energy FEATURED Latest TOP STORIES 

Oando’s $783m NAOC Acquisition Wins Continental Recognition

April 3, 2025April 3, 2025 Markets Reporters 0 Comments 2025 IFLR Africa Awards, NAOC acquisition, Oando

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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