Oluwatosin Racheal Alabi

KEY POINTS Eskom is losing an estimated R6 billion annually in KwaZulu-Natal due to widespread electricity theft, with around 50% of its 1.2 million provincial customers illegally accessing power. Many …

KEY POINTS The National Energy Regulator of South Africa, NERSA, has approved an electricity tariff increase of 8.76% for Eskom direct customers and 9.01% for municipal distributors for the 2026/27 …

KEY POINTS The ongoing war in Iran pushed Brent crude oil prices above $100 per barrel, rising 9.2% to settle at $100.46. Stock markets worldwide suffered sharp losses, with the …

KEY POINTS Chevron Nigeria Limited has reaffirmed its dedication to promoting socio-economic development in the Niger Delta, highlighting continued collaboration with government agencies, local communities, and development bodies. The company …

KEY POINTS Iran has warned that global oil prices could surge to as high as $200 per barrel as tensions in the Middle East escalate and attacks on merchant vessels …

KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has directed operators of private transmission substations connected to the national grid to obtain an Independent Electricity Transmission Network Operator (IETNO) permit …

KEY POINTS Geregu Power Plc has projected a profit after tax of approximately N8.17 billion for the second quarter ending June 30, 2026, according to its earnings forecast released to …

KEY POINTS A Federal High Court in Yenagoa, Bayelsa State, has dismissed a preliminary objection filed by Aiteo Group in a N122 billion lawsuit brought by the Opu Nembe Kingdom …

KEY POINTS The Federal High Court in Abuja has reserved judgment in a lawsuit filed by 1,216 plaintiffs against Shell Petroleum Development Company Nigeria Limited (SPDC) over alleged crude oil …

KEY POINTS On 9 March 2026, Eskom announced that Koeberg Nuclear Power Station’s Unit 2 has successfully operated for 365 consecutive days since its major upgrades were completed, maintaining an …