Energy

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.…

Nigeria’s power sector has recorded a major milestone as the Transmission Company of Nigeria (TCN) confirms that electricity generation has surged to 5,713 megawatts (MW), marking a significant step towards…

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…

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…