Consumers pay N1.2trn for electricity in six months — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid about N1.2 trillion for power consumed in the first six months of 2026, according to data released by the Nigerian Electricity Regulatory Commission (NERC). The figure represents revenues collected by the 11 electricity Distribution Companies (DisCos), based on NERC’s monthly commercial performance reports between January and […]
FG approves N31bn for 9 power projects
The Federal Government has approved over N31 billion for various contracts for power projects, yesterday.
Omatek deploys Solar-powered panels in Ekiti
AS Nigerians bask in the euphoria of the 50th Independence anniversary celebration, Omatek Ventures Plc has announced the deployment of 24-hour alternative solar-powered hybrid solution combined with LED bulbs in 22 schools in Ekiti State.
PIB: NNPC to convene takeholders’ summit
Contending issues surrounding the Petroleum Industry Bill, PIB, currently before the National Assembly, have made it imperative for the Nigerian National Petroleum Corporation, NNPC, to convene a summit of stakeholders.
Oil,Gas: Lukman pledges continued support for industry
Former Minister of Petroleum Resources, Dr. Rilwanu Lukman, has pledged continued support for Nigeria’s oil and gas industry for the benefit of the overall economy.
Afren acquires OML 26 oil field
First Hydrocarbon Nigeria, FHN, in which Afren holds a 45 percent interest, said it has entered into Definitive Agreements with a number of International Oil Companies, IOCs.
