Energy

  Heavy dependence on private power generation Operates 40GW of off-grid generator capacity Electricity reliability deficit at $48bn Economy loses...

A sustained recovery in crude oil production is strengthening optimism over higher export earnings and government revenues after output reached...

Niger State, with the largest landmass in Nigeria, has approved 500 hectares of land to Raj Gupta, Indian billionaire's African...

Aliko Dangote, key business tycoon and Africa's richest man plans to source finance for his proposed $17 billion Kenya refinery...

Renaissance Africa Energy Company Limited has announced a major offshore oil discovery in Nigeria following its successful drilling of the...

  Petrol slightly cheaper, but little else is Cost of living crisis continues in households Economist blame institutional weakness Nigeria...

• Profit goes south to N4.62bn • Remitted N4.858trn to federation account Jan-May 2026 Nigeria’s state-run energy company, the Nigerian...

Sahara Group, a leading international and infrastructure company, has appointed Folake Soetan as managing director of its Arahas Global Oilfield...

Global lender, the World Bank has decided rather to redirect a $730 million financing facility towards reviving Nigeria's electricity distribution...

• 700m tonnes annually  • Europe to remain major LNG consumer Ben Eguzozie, in Port Harcourt Global demand for liquefied...