Oluwatosin Racheal Alabi

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 …

KEY POINTS The Secretary-General of the United Nations, António Guterres, has called on countries across the world to accelerate their transition from fossil fuels to renewable energy sources, warning that …

KEY POINTS International energy giants Chevron and Royal Dutch Shell are on the verge of finalizing their first large‑scale oil production agreements in Venezuela since a significant political transition in …

KEY POINTS Italian energy giant Eni has recorded a significant breakthrough in its offshore exploration activities in Indonesia following the successful drilling of the Maha-3 well in the West Ganal …

KEY POINTS Nigeria’s fragile progress in slowing inflation is facing renewed pressure as a fresh surge in fuel prices spreads across the economy, raising fears that the country could slip …

KEY POINTS Socio-cultural groups operating under the umbrella of Ethnic Youth Leaders across Nigeria have assured citizens that the Dangote Refinery has the capacity to meet the country’s petroleum needs …

KEY POINTS The Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies, DisCos, collected N207.49 billion in revenue from N258.66 billion billed to customers in December 2025. The …