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Tinubu speaks on power sector challenges, pledges reforms

Nigeria, June 12 -- President Bola Tinubu has defended his administration's economic and power sector reforms, saying access to reliable electricity remains a "democratic dividend" that every Nigerian... Read More


Nigeria surpasses OPEC oil quota as production hits 15-month high

Nigeria, June 11 -- Nigeria's crude oil production topped its Organisation of the Petroleum Exporting Countries (OPEC) quota in May, reaching its pinnacle in 15 months and cementing its position as Af... Read More


S&P Global flags food prices as potential driver of inflation across emerging markets

Nigeria, June 11 -- Rising food prices may soon top energy costs as the chief driver of inflation across emerging markets, with African economies likely to be worst hit, according to a new report by S... Read More


Group calls for review of GMO approval in Nigeria

Nigeria, June 10 -- A coalition of environmental, agricultural, and civil society organisations has urged the Nigerian government to put on hold new approvals of Genetically Modified Organisms (GMOs) ... Read More


COP31 Presidency proposes global target to boost electricity use to 35% by 2035

Nigeria, June 9 -- The Presidency of the 31st United Nations Climate Change Conference (COP31) has unveiled a new global electrification target aimed at accelerating the transition away from direct fo... Read More


ARM-Harith secures $76 million first close for climate transition fund

Nigeria, June 9 -- ARM-Harith Infrastructure Investments Limited (ARM-Harith), a pan-African private equity fund manager focused on sustainable energy and infrastructure, has announced the first close... Read More


New power minister promises visible improvement in electricity supply, says progress won't be dramatic

Nigeria, June 9 -- Nigeria's newly appointed minister of power, Joseph Tegbe, has vowed that electricity supply across the country will witness notable improvement, but expressed reservations on the p... Read More


Dangote refinery raises processing capacity to 700,000 barrels per day

Nigeria, June 5 -- Dangote Petroleum Refinery and Petrochemicals says it has increased its crude oil processing capacity to 700,000 barrels per day (bpd), surpassing its installed nameplate capacity o... Read More


NERC to set net billing regulations, boost renewable energy

Nigeria, June 4 -- The Nigerian Electricity Regulatory Commission (NERC) will kick off the Net Billing Regulations 2026 to strengthen energy security and expand renewable energy nationwide. The commi... Read More


NERC approves special compensation for Band A customers affected by power shortfalls

Nigeria, June 4 -- The Nigerian Electricity Regulatory Commission (NERC) has approved a special compensation package for eligible Band A electricity customers affected by generation shortfalls that di... Read More