High electricity bills are an ongoing source of stress for many homeowners. Every month, we watch as our hard-earned money disappears into power companies, all while we remain reliant on…
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Energy
The Nigerian Electricity Regulatory Commission (NERC) has transferred the regulatory oversight of Niger State’s electricity market to the Niger State Electricity Regulatory Commission (NSERC). This announcement, shared through NERC’s official…
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.…
Energy
NEITI Calls for Tax Exemptions for Startups, Renewable Energy, and Sustainability Projects in 2024 Tax Reform Bill
The Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed support for the 2024 Tax Reform Bill currently under debate in the National Assembly, urging lawmakers to consider introducing tax exemptions…
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…
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…
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 demand for sustainable energy has never been more urgent. As concerns over climate change, air pollution, and resource depletion continue to rise, the need for alternative energy sources has…
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…
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…
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