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  • In the News

    NERC Dissolves Kaduna Electric Board Over N456.5bn Debt

    by Ikeoluwa Juliana Ogungbangbe August 11, 2026
    by Ikeoluwa Juliana Ogungbangbe August 11, 2026

    KEY POINTS The Nigerian Electricity Regulatory Commission, NERC, has dissolved the board of directors of Kaduna Electricity Distribution Company, KAEDCO, over its failure to meet its financial obligations to the …

  • Energy TransitionIn the News

    Generation Companies Reject Presidency’s N2.8tn Debt Claim as Misleading

    by Ikeoluwa Juliana Ogungbangbe February 25, 2026
    by Ikeoluwa Juliana Ogungbangbe February 25, 2026

    KEY POINTS The Association of Power Generation Companies, APGC, has dismissed claims by Presidency sources that N2.8tn represents a verified and final settlement of legacy debts owed to electricity generation …

  • In the News

    South Africa’s Power Crisis Deepens as Two Major Cities Fail to Pay Eskom

    by Motoni Olodun October 5, 2023
    by Motoni Olodun October 5, 2023

    South Africa’s state-owned power utility, Eskom, is facing a worsening financial and operational crisis as two of its biggest customers, the cities of Pretoria and Ekurhuleni, have failed to pay …

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Nigeria’s Oil Boom: Record Production in September 2023

ExxonMobil signals $4.5 billion refining profit boost in third quarter as war lifts margins
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ExxonMobil signals $4.5 billion refining profit boost in third...
Ebenco Refinery gets approval to introduce hydrocarbons as 30,000bpd...
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