June 2, 2025AdvertorialDocumentaryEnergy TransitionFinanceImpactLocal ContentMidstreamNewsOil & GasPowerSustainabilityUpstream

Nigeria’s energy future, investment top agenda, as NAEC conference holds Oct.9

“Conference will identify key investment opportunities in Nigeria”- Amadi, NAEC Chairman   Oredola Adeola The Association of Energy Correspondents of Nigeria (NAEC) has announced October 9, 2025, as the date for its annual conference, with the theme: “Nigeria’s Energy Future:…

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May 19, 2025DocumentaryDownstreamFinanceGasGreen FinanceImpactMidstreamNewsOil & GasSpecial Project

11 Plc approves ₦3.34bn final dividend for FY 2024, declares 925 Kobo per share

… records modest growth, boosts green energy drive via CNG partnership with NIPCO gas Oredola Adeola 11 Plc (formerly Mobil Oil Nigeria) has approved a final dividend payout of ₦3,335,506,164.25 (₦3.34 bn) for the financial year 2024, representing 925 kobo…

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May 5, 2025DistributionFinanceNewsPower

DisCos fail to recover ₦125.7bn in two months despite ₦496bn customers’ billing

… revenue collection improves by 6.56% from January to February 2025 … Kaduna, Aba, Jos DisCos struggle with low collection efficiencies below 65% in early 2025   Oredola Adeola The electricity distribution companies (DisCos) in Nigeria failed to recover a…

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May 5, 2025DistributionEnergy TransitionFinanceGasGenerationNewsPowerTransmission

Tinubu to clear N4 trn GenCos debt within six months — Adelabu

… Minister mulls electricity subsidy removal, urges Nigerians to embrace cost-reflective tariffs Oredola Adeola President Bola Ahmed Tinubu is set to address the N4 trillion debt owed to the Generating Companies of Nigeria (GenCos), with payment of the outstanding balance…

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April 28, 2025FinanceGasMidstreamNews

NNPC’s NGML initiates process to acquire 5.2mmscfd CNG facility from AXXELA’s GNSL

Oredola Adeola NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has initiated a process to acquire a 5.2 million standard cubic feet per day Compressed Natural Gas (CNG) Mother Station from Gas Network…

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March 19, 2025DocumentaryEnergy TransitionFinanceGreen FinanceNewsOil & GasRenewablesSustainabilityUpstream

BP to sell 50% stake in Lightsource BP, scales back renewable energy investments

… shifts focus to oil, gas, increases annual spendings to $10 billion Oredola Adeola with agency reports British Petroleum (BP), one of the world’s largest integrated energy companies, is finalizing plans to sell a 50 percent stake in its solar…

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March 18, 2025DocumentaryEnvironmentFinanceImpactNewsSustainabilityUpstream

NNPCL reaffirms commitment to utilization of HCDT funds to drive sustainable development in Niger Delta

Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has reiterated its commitment to the utilization of funds allocated under the Petroleum Industry Act (PIA) to drive education, healthcare, infrastructure, and sustainable development in host communities. This pledge was made…

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March 12, 2025DocumentaryEnergy TransitionFinanceGasMidstreamNews

Axxela clarifies land ownership dispute in Umuseti community, Delta state

” We followed due process in land acquisition for our Delta gas plant” – Shitu, Oredola Adeola Axxela, a leading indigenous gas and power company, has disclosed that the acquisition of land for its planned gas processing plant in Umuseti,…

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March 5, 2025Energy TransitionFinanceGreen FinanceLocal ContentNewsRenewablesSolarSustainabilityTechnology

UPDATED: Asteven Energy Institute shortlists 23 students for COREN solar PV installation certification exam

…bridges skills gap to advance Nigeria’s 2060 net-zero target  Ogun State Govt. to sponsor 30 indigenes for National Diploma at Asteven Energy Institute Oredola Adeola Asteven Energy Institute has shortlisted 23 students currently enrolled in the COREN Solar Photovoltaic Installation…

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January 24, 2025DistributionEnergy TransitionFinanceGenerationNewsPowerSabotageSecurityTechnologyTransmission

N8bn in 2025 budget for anti-vandalism campaign on radio, TV, newspapers, billboards, others – Power Minister says

… funds to strengthen community advocacy, technology, CSR projects in host communities Oredola Adeola Chief Adebayo Adelabu, Minister of Power, has clarified the N8 billion allocation in the 2025 budget appropriation for the Ministry of Power, was specifically dedicated to funding…

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