Energy and Power

What to know as African Energy Bank begins operations in Nigeria by April

THE African Energy Bank (AEB) is set to commence operations in Nigeria in April, with its headquarters located in...

How GENCOs N501bn bond exposes deep cracks in Nigeria’s power financing

THE Federal Government's bond issuance to offset the first tranche of over N5 trillion in debts owed to power...

National grid records second collapse in 2026

THERE appears to be no end in sight as the National Electricity Grid on Tuesday recorded its second collapse...

Dangote Refinery hikes petrol price by N100 after yuletide

DANGOTE Petroleum Refinery & Petrochemicals has increased its petrol gantry price to N799 per litre, while MRS retail outlets...
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National grid collapse continues in 2026, as Nigerian cities thrown in darkness

MANY major cities in Nigeria are currently experiencing blackouts due to a complete failure of the national electricity grid. ...

Electricity Act: Abuja DisCo transitions into HoldCo, unveils new subsidiaries

The Abuja Electricity Distribution Plc (AEDC) has transitioned to a holding company (HoldCo) to enhance its effectiveness in Nigeria’s...

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