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 […]
NNPC saves over $3bn from arbitrations
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has saved over $3 billion from arbitrations.
PowerGen partners Shell, to deliver electricity to 1m Nigerians
POWERGEN Renewable Energy (PowerGen), a leader in micro-utilities in Africa – managing mini-grids and providing customer support – has signed a deal with funding from Shell’s New Energies business, as well as Omidyar Network, Acumen, Renewable Energy Performance Platform (REPP), EDFI ElectriFI, Sumitomo Corporation, DOB Equity, and Micro-grid Catalytic Capital Partners (MCCP).
Nigeria’s rig count rises by two, as OPEC increases by five
NIGERIA took a two-rig leap as its rig count rose to 17 in September, as against 15 recorded in August. This is coming at a time the Organisation of Petroleum Exporting Countries, OPEC, took a five-rig leap, having recorded 585 in September, as against 580 recorded the previous month, according the latest OPEC monthly oil market report.
ELECTRICITY: Mini grids devt to generate $10bn annually — REAN
A FRESH indication has emerged that Nigeria can generate over $10 billion annually from the off-grid energy market.
Intra-African energy dialogue has remained low — N. J. Ayuk
Cameroonian-born legal luminary, N. J. Ayuk, is the Executive Chairman of African Energy Chamber, a leading energy law firm, and CEO of Centurion Law Group, a legal and advisory conglomerate with headquarters in South Africa and offices across the continent.
