Energy

Abuja DisCo announces transition to holding company, makes fresh appointments

Abuja Electricity Distribution Plc (AEDC) has announced its transition into a Holding Company (Holdco) structure. The AEDC described the transition…

1 week ago

Oil price falls to $63.55

Oil prices fell on Friday, January 16, 2026, extending losses from the previous session, as concerns about supply risks eased…

2 weeks ago

Oil prices drop as Trump calms Iran fears

Oil prices retreated from multi-month highs on Thursday, January 15, 2026, after United States President Donald Trump calmed market anxiety…

2 weeks ago

Oil prices drop as investors assess Iran supply, Venezuelan export resumption

Oil prices dipped on Monday, January 12, 2026, after Iran said it had "total control" following weekend violence, while investors…

2 weeks ago

Oil prices rise over supply disruptions in Venezuela, Iran

Oil prices rose for a second day on Friday, January 9, 2026, over uncertainty about the future of supply from…

3 weeks ago

Oil prices drop as investors weigh supply outlook

Oil prices fell on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan…

3 weeks ago

DisCos generate N570bn in Q3 2025 ― NERC

The Nigerian Electricity Regulatory Commission (NERC) has disclosed electricity distribution companies (DisCos) collected N570.25 billion in the third quarter of…

3 weeks ago

Power supply increases over Lagos-Escravos gas pipeline repairs ― FG

The Federal Government says power generation has increased nationwide following the repairs and restoration of the vandalised Lagos-Escravos gas supply…

1 month ago

Oil prices slip after US govt threatens to sell Venezuelan crude

Oil prices slipped on Tuesday, December 23, 2025, as traders weighed geopolitical risks against bearish fundamentals, after the United States…

1 month ago

Marketers seek Tinubu’s intervention in NMDPRA, Dangote face-off

Some oil and gas marketers have called on President Bola Tinubu to urgently resolve the ongoing trade war in the…

1 month ago

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