Energy

Seplat Energy plans to double its oil production from 50,000 to 120,000 barrels per day (bpd) in just six months. This follows their $1.28 billion acquisition of Mobil Producing Nigeria…

Are you tired of paying sky-high electricity bills every month? Do you feel frustrated knowing that your home is relying on expensive and non-renewable energy sources? If so, 2025 might…

The world is currently undergoing an energy revolution, with renewable energy at the heart of this transformation. It’s an exciting time to be part of this monumental shift as renewable…

Running a small business can be an expensive venture, especially when energy costs continue to rise year after year. As business owners strive to stay afloat, managing expenses becomes a…

Are you tired of watching your energy bills skyrocket each month? Have you considered a solution that not only lowers your electricity costs but can also help you make money…

China Development Bank Approves $254.76 Million Loan for Nigeria’s Kano-Kaduna Railway Project China Development Bank has granted Nigeria a $254.76 million loan to support the construction of the Kano-Kaduna railway…

In a strategic move that highlights the importance of supporting Nigeria’s industrial backbone, the Aba Ringfence—comprising nine of Abia State’s 17 local government areas—has received uninterrupted electricity today, contrary to…

Lekoil Nigeria Limited has reaffirmed its dedication to driving economic growth and sustainable development in Akwa Ibom State through strategic investments in oil and gas operations, community development, and job…

Seplat Acquires ExxonMobil’s Assets for $1.28 Billion, Boosting Nigeria’s Oil Production Seplat Petroleum has acquired ExxonMobil’s local assets for $1.28 billion. This deal will double Seplat’s production within six months.…

Nigerian mobile operators are ready to use the revenue from a proposed 100% tariff hike to revamp their network infrastructure. The move comes as the country’s telecom giants await government…