Nigeria’s electricity distributors collected N603.64 billion in the second quarter, but a 3.4% drop in power offtake and heavy losses show deep strain.
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In the News
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Iran says the Strait of Hormuz will stay shut until the United States meets seven conditions, leaving oil above $100 and energy markets anxious
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KEY POINTS Chevron has agreed to acquire a 10% stake in an offshore exploration licence in Namibia’s Orange Basin from Custos Energy for $11 million, strengthening its position in one …
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KEY POINTS A $16 billion oil refinery planned by Nigerian billionaire Aliko Dangote in Kenya is facing a fresh legal challenge after a consumer-rights organisation petitioned a court to halt …
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Energy TransitionIn the News
Eskom Extends Free Solar Registration as Outa Questions Legal Requirements
KEY POINTS South Africa’s state-owned electricity utility,Eskom, has extended its waiver of registration-related charges for eligible customer-owned solar power installations connected directly to its distribution network, allowing households additional time …
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KEY POINTS Libya’s state-owned National Oil Corporation, NOC, has announced that production at the Sharara oil field, the country’s largest oil-producing asset, has risen to more than 340,000 barrels per …
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KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited spent N11.2 trillion to protect Nigeria’s oil and gas assets in 2025 on behalf of the federal government, according to its …
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KEY POINTS The Transmission Company of Nigeria, TCN, has restored the 330kV Kainji-Birnin Kebbi single-circuit transmission line after nearly a month of disruption caused by the collapse of a transmission …
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Ghana’s environmental regulator has threatened to close a Chinese-owned gold mine over an alleged unreported spill, as scrutiny of Gold Fields’ Tarkwa mine grows.
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Congo will audit major mining companies every year from 2027 to check whether they are steering enough contracts to Congolese-owned businesses.