Latest in
By Osordi Ayomide The Managing Director of the Rural Electrification Agency (REA) has underscored the importance of integrating renewable energy with emerging technologies. Speaking at the 18th convocation of Ladoke Akintola University of Technology in Osogbo, the REA boss delivered a lecture identifying electricity as a critical global challenge, noting that millions still lack reliable ...
Seplat Energy Plc has announced plans to hold its 13th Annual General Meeting (AGM) virtually on Wednesday, May 20, 2026. During the meeting, shareholders are expected to consider a final dividend for the 2025 financial year and ratify the appointment of the Chairman of Heirs Holdings, Tony Elumelu, as a non-executive director. This was disclosed ...
Seplat Energy Plc has announced plans to hold its 13th Annual General Meeting virtually on Wednesday, May 20, 2026. This was just as shareholders are expected to consider a final dividend for the 2025 financial year and ratify the appointment of the chairman of Heirs Holdings, Tony Elumelu, as non-executive director. This was disclosed in ...
Nigeria’s renewable energy sector has entered a new phase of strategic coordination following the signing of a Memorandum of Understanding between the Rural Electrification Agency (REA) and Mente Energy Limited. The agreement formally sets in motion the Renewable Energy Localisation and Industrialisation Programme (RELIP), an initiative designed to deepen local participation in the country’s fast-growing ...
The Transmission Company of Nigeria (TCN) has declared a force majeure has occurred on the Ikeja West–Osogbo 330kV transmission line following a severe rainstorm on Thursday, 16 April 2026. Force majeure, from the French meaning “superior force”, is a clause in contracts that allows a party to be excused from its obligations when an event ...
By Fredrick Ameh Energy ministers and top officials from across West Africa converged in Abuja to advance the strategic development of the West African Gas Pipeline (WAGP), reinforcing its role in regional energy integration and economic growth. The high-level Committee of Ministers meeting included representatives from Nigeria, Benin, Togo, and Ghana, alongside stakeholders from ECOWAS ...
By Ejire Folakunmi Nigeria’s push to strengthen local capacity in the oil and gas sector received a major boost as Shell Nigeria Exploration and Production Company Limited, in partnership with Nigerian National Petroleum Company Limited and Nigerian Content Development and Monitoring Board, commissioned a state-of-the-art Geosciences Centre of Excellence at the University of Lagos. The ...
By Ejire Folakunmi The Managing Director of the Rural Electrification Agency (REA), Dr. Abba Aliyu has been honoured with an Award of Excellence for transparency and efficiency in executing renewable energy projects. Aliyu received the award on Friday in Lagos from the Editorial Board of Energy Times. Explaining the decision, Board Chairman Yakubu Lawal said ...
By Ejire Folakunmi The National Information Technology Development Agency (NITDA) and the Research, Technology and Innovation (RTI) unit of the Nigerian National Petroleum Company Limited (NNPC) have announced plans to strengthen their partnership to drive digital transformation in Nigeria’s energy sector. During a recent strategic engagement, NITDA Director General Kashifu Inuwa urged the NNPC to ...
By Ejire Folakunmi Nigeria’s power sector is facing renewed scrutiny after the National Grid of Nigeria declared that the country recorded no grid collapse between February and April, an announcement that has clashed sharply with the everyday experience of millions of electricity consumers. In a social media update, the grid operator described the three-month stretch ...
By Ariyo Zainab Odu’a Investment Company Limited (OICL) has inked an agreement with Elektron Energy Development Strategies Limited to develop a 50MW gas-fired Independent Power Plant (IPP) in Ogba, Lagos. The project, which will be situated within the former Cocoa Industries Complex in Ikeja, is designed to provide dedicated and reliable electricity to industrial and ...
Seplat Energy Plc has surpassed N10,000 per share in the Nigerian stock market following a fresh rally on Tuesday, marking its highest valuation in 52 weeks. The energy company’s share price rose to N10,450 as buy-side interest drove the transaction of 219,366 units on the local bourse. This latest price movement stands in sharp contrast ...
The Transmission Company of Nigeria (TCN) has declared a scheduled preventive maintenance exercise on the Osogbo–Ife 132/33kV transmission line, which will result in a temporary power outage in parts of Ondo State. In a notice issued on Thursday by the GM, Public Affairs, Ndidi Mbah, the company disclosed that the maintenance will take place at ...
By Fredrick Ameh The Nigeria Liquefied Natural Gas Limited (NLNG) has concluded its 2026 VIBES Pitch-a-Thon programme with the disbursement of ₦250 million in grants to 51 entrepreneurs from its host communities in Rivers State. The initiative, which combines structured capacity-building with direct financial support, is designed to help participants translate business knowledge into practical ...
By Fredrick Ameh The Nigerian National Petroleum Company Limited (NNPC), and the United Arab Emirates have taken fresh steps to strengthen bilateral energy cooperation following a high-level meeting in Abuja. The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, visited the UAE Ambassador to Nigeria, Salem Saeed Al Shamsi, at the UAE ...
The Nigerian Senate has summoned former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari as well as Dr. Bala Wunti to appear before it to account for the yet-to-be accounted for N210 trillion as contained in audit reports of 2017 to 2023. This directive follows a meeting on Wednesday by the ...
The Managing Director of the Rural Electrification Agency (REA), Dr Abba Aliyu, has hailed the newly released mini-grid regulations as a historic turning point that will fast-track large scale project delivery in Nigeria’s renewable energy sector. The updated regulation released by the Nigerian Electricity Regulatory Commission (NERC), follows two years of intense advocacy and technical ...
By Emmanuel Ikpe The Village Head of Ikot Ntuen Offot in Uyo LGA, Eteidung Nsikak Ime Esang, has appealed to the Akwa Ibom State Government for urgent intervention as the community faces a two-year blackout and severe environmental degradation. Speaking to journalists at his palace, the traditional ruler noted that the prolonged lack of electricity ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reiterated ongoing reforms in accelerating the greening of the nation’s oil and gas sector by embedding strict decarbonisation requirements into its core regulatory framework. In a move to align Nigeria’s upstream activities with global Energy, Social, and Governance (ESG) standards, the Commission confirmed that climate-action milestones are ...
By Osordi Ayomide and Usman Yahaya Ismail Nigeria is on the verge of a major energy breakthrough as the long-awaited Ajaokuta–Kaduna–Kano (AKK) pipeline nears completion, with officials confirming that natural gas supply to Abuja could begin as early as July 2026. This domestic milestone arrives alongside significant progress on the international stage, as an intergovernmental ...
Key Management staff of the Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc met with principal officers of the Delta State University (DELSU), at Abraka, Delta State, on Monday to deliberate on critical processes toward the take-off of a Centre of Excellence in Gas Development, approved for the institution by the Board ...
The Dangote Petroleum Refinery has achieved a historic milestone, exporting 44,000 barrels per day (bpd) of gasoline in March 2026. This performance officially positions Nigeria as a net exporter of petrol for the first time, recording a surplus of approximately 3,000 bPd for the month. The refinery’s rising output is rapidly reshaping international trade, with ...
