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Power

REA, Partners Launch $188m Fund For 191MW Solar Capacity
Another electricity tariff hike soon as NERC reviews power costs
Another electricity tariff hike soon as NERC reviews power costs
FCCPC Backs Move by Lagos State government to End Estimated Billing

NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

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NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

Read More

NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

Read More

NCDMB to Host 2026 Midstream, Downstream Stakeholders Summit

 The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit. The event is scheduled to hold from May 19–20, 2026, at Four Points by Sheraton Lagos, Victoria Island, Lagos. According to Obinna Ezeobi, PhD,Genaral Manager, Corporate Communications Division of the Board, thesummit is designed to bring together key decision-makers,…

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Shell plc Paid FG $2.02 Billion in Royalties, Taxes and Production Entitlements in 2025

Shell plc and its subsidiaries paid the Nigerian government a total of $2.016 billion in 2025 through production entitlements, royalties, taxes, and statutory fees. The company’s latest Payments Report,showes that Nigeria received $1.237 billion in production entitlements, representing the largest share of payments made by the energy giant during the year. Royalty payments amounted to…

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REA, Partners Launch $188m Fund For 191MW Solar Capacity

The initiative also supports the Distributed Access through Renewable Energy Scale-Up (DARES) programme, a national effort to expand electricity access through decentralised renewable energy solutions. The Rural Electrification Agency (REA), UK PACT, First City Monument Bank (FCMB), and ARMHIIL have launched a Green Finance Investment Facility (GFiF), a blended finance platform to mobilise large-scale private…

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Another electricity tariff hike soon as NERC reviews power costs

Nigerians will soon start paying more for electricityNigerians may soon pay more for electricity as the Nigerian Electricity Regulatory Commission reviews tariffs amid rising generation and transmission costs. NERC is reportedly reviewing electricity tariffs across customer bands. The move is linked to rising generation, transmission and gas costs. Nigerians are expressing concern over another possible…

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Another electricity tariff hike soon as NERC reviews power costs

Nigerians will soon start paying more for electricityNigerians may soon pay more for electricity as the Nigerian Electricity Regulatory Commission reviews tariffs amid rising generation and transmission costs. NERC is reportedly reviewing electricity tariffs across customer bands. The move is linked to rising generation, transmission and gas costs. Nigerians are expressing concern over another possible…

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FCCPC Backs Move by Lagos State government to End Estimated Billing

The Federal Competition and Consumer Protection Commission (FCCPC) has thrown its support behind the Lagos State Electricity Regulatory Commission (LASERC) over new reforms aimed at eliminating estimated billing and improving transparency in electricity supply across Lagos State. The Commission commended LASERC’s position in the 2025 Lagos Electricity Market Report, particularly its backing for stricter enforcement…

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National grid capacity to rises by 600MW

The Transmission Company of Nigeria, TCN, says its newly constructed Ihovbor/Benin and Ihovbor/Ajaokuta 330kv transmission lines would add 600 megawatts to the national grid. The Managing Director/Chief Executive Officer of TCN, Engr Sule Abdulaziz, disclosed this on Thursday at the official commissioning of the newly constructed 330kv line at Ihovbor, Benin City. Abdulaziz, who attributed…

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