Tuesday, April 21, 2026
NERC says new electricity tariff will cut 2024 subsidies by N1.14trn
Business a.m. The Nigerian Electricity Regulatory Commission (NERC) has announced that the newly approved electricity tariffs for 2024, particularly the...
Read moreDetailsTranscorp Power’s FY 2023 gross earnings up 57.30% to N142bn
Business a.m. Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading listed conglomerate Transnational Corporation Plc, recorded gross...
Read moreDetailsNERC ups tariffs to N225/KWh for Band A electricity consumers
Business a.m. The Nigerian Electricity Regulatory Commission (NERC), with the backing of the federal government, has approved a 245 per...
Read moreDetails2023 renewables use sets recordÂ
Travel, vacation spend hits $4trn in 5yrs PHILLIP ISAKPA IN LONDON, UK Two sets of global data just released and...
Read moreDetailsNSIA, North-South Power seal agreement to boost Nigeria’s energy transition
Cynthia Ezekwe The Nigeria Sovereign Investment Authority (NSIA) has entered into a joint venture with North-South Power (NSP) to establish...
Read moreDetailsOil market balance remains uncertain as Russian export volumes rebound
Business a.m. Oil prices held steady on Tuesday, hovering near four-month highs reached last week, but gains were capped by...
Read moreDetailsAt Greenville LNG plant:FG says will develop gas resources to cushion pain of subsidy removal
Business a.m. Nigeria is continuing with its push to develop its vast gas resources and the federal government has pledged...
Read moreDetailsNigeria’s power crisis deepens on grid failures, dysfunctional DisCos
ONOME AMUGEÂ The power crisis in Nigeria is like a malignant disease, infecting the nation's economy and causing its citizens...
Read moreDetailsTinubu reconstitutes FGN Power Company boardÂ
Business a.m President Bola Tinubu has approved the reorganisation of the governing board of the Federal Government of Nigeria Power...
Read moreDetailsTinubu takes executive action on oil and gas reforms
Business a.m President Bola Tinubu has approved three new directives for the oil and gas sector aimed at improving the...
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