Energy
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32NERC to DisCos: Compensate Band A customers with electricity units, bill adjustments for supply shortfall
The Nigerian Electricity Regulatory Commission (NERC) has approved a special compensation scheme for eligible Band A electricity customers affected by decrease in...
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39African EV platform Spiro raises $215M in equity to scale electric mobility, energy infrastructure across Africa
Leading scale-up Spiro has secured a landmark $215M investment round backed by major institutional investors including Impact Fund Denmark, and Equitane. With...
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30Savannah Energy Posts Strong Four-Month Performance with 8% rise in Nigeria’s Daily
Ahead of its Annual General Meeting (“AGM”) on 1 June 2026, Savannah Energy PLC, the British independent energy company focused around the...
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42Malabu oil& Gas Sues Nigerian Govt For Splitting OPL 245 Into Four Assets
Seeks N1trn In Damages The long-running controversy surrounding Oil Prospecting License (OPL) 245 has resurfaced at the Federal High Court in Abuja,...
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40Dangote refinery targets $2bn investments from private investors ahead of IPO
Aliko Dangote, president of the Dangote Group, says the company is targeting a private placement of about $2 billion for the refinery....
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47EFCC arrests Saleh Mamman, ex-Power Minister
who went missing before conviction The Nigerian, Economic and Financial Crimes Commission (EFCC) says it has arrested Saleh Mamman, a former minister...
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43Refinery Listing Will Democratise Africa’s Industrial Prosperity – Dangote
South African investors eye investment opportunities President/Chief Executive, Dangote Group, Aliko Dangote, has said the planned listing of the Dangote Petroleum Refinery...
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55Dangote Refinery IPO: PenCom relaxes rules for PFAs Participation
BY BONNY AMADI The National Pension Commission (PenCom) has relaxed its shares investment rules to allow pension fund administrators (PFAs) to participate...
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44Dangote targets $50bn refinery valuation ahead of planned IPO
Aliko Dangote, Africa’s richest man, is reportedly targeting a valuation of up to $50 billion for his refinery business ahead of the...
