Energy
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102Elumelu’s Heirs Energies acquires 20.07% stake in Seplat in $500 million transaction
Heirs Energies, Africa’s leading indigenous integrated energy company, has acquired the entire 20.07 per cent equity stake (120.4 million ordinary shares) previously...
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96Otedola sells stakes, as Geregu Power announces change in shareholding structure of majority shareholder
The Board of Directors of Geregu Power Plc has notified the Nigerian Exchange Limited and the investing public that it has received...
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100Power supply disrupted as National grid collapses
The National grid collapsed on Monday. According to data obtained from the Nigerian Independent System Operator (NISO), the power generation dropped from...
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93Tinubu approves write-off of $1.42bn, N5.57tn NNPC debt
President Bola Tinubu has approved the cancellation of about $1.42 billion and N5.57 trillion in outstanding debts owed by the Nigerian National...
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112Nigeria in H1 2025 Fails to Meet Oil Revenue Target…..Says Budget Office
NUPRC: Nigeria’s oil output dropped to 1.58mbpd in September due to PENGASSAN’s strike The budget office of the federation says Nigeria did...
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97Afreximbank Boosts Heirs Energies with $750-million facility
Advancing Nigeria’s domestic energy capacity African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to...
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137Engr. Farouk Ahmed Responds to Dangote.
Recent allegations regarding the financing of my children’s education have necessitated this response—not because I fear scrutiny of my finances, which I...
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162Dangote refinery plans dividends payment in dollars
Aliko Dangote, chairman of the Dangote Group, says his refinery will pay dividends in dollars when it gets listed on the stock...
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112Rights Violation: Consumer Protection Body ‘FCCPC’ Seals Ikeja DisCo
Power outage worsens BY BONNY AMADI Power supply to different parts of Lagos which lately has remained erratic, gets more biting as...
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115NNPC Reports subsidiary’s crude output Peaks @ 335,000bpd — highest in 36 years
The Nigerian National Petroleum Company (NNPC) Limited says its subsidiary, NNPC Exploration & Production Limited (NEPL), achieved a record production level of...
