The Nigerian Electricity Regulatory Commission (NERC) says electricity distribution companies (DisCos) lost about N310bn in the first quarter of 2026 due to unbilled energy and poor revenue collection. This was revealed in a commercial performance factsheet released by the Commission. According to the report, despite receiving electricity worth over N907bn during the period, the 11 […]

Oil prices have continued their downward trend on Thursday following the signing of a ceasefire agreement between the United States and Iran to end hostilities in the Middle East and reopen the Strait of Hormuz. According to Oilprice.com, Brent crude, the global benchmark, dropped from $83 per barrel on Monday to $75 per barrel on […]

TranESS has introduced a new energy storage solution to help commercial and industrial solar power users. This is part of its efforts to expand battery storage options. The company unveiled the DYQUE 125kW/241kWh commercial and industrial energy storage system at its commercial and industrial channel launch event held in Lagos on Thursday. Those present at […]

The Federal Government says it plans to strengthen healthcare delivery in the country by ensuring reliable power supply to over 35,000 health facilities through the Nigeria Power for Health Initiative (NPHI). According to The Punch, the government promised to deliver a 30 per cent uninterrupted power supply to tertiary health facilities nationwide by the end […]

The Transmission Company of Nigeria (TCN) has revealed that vandals destroyed 14 spans of its 132-kilovolt high-voltage transmission line in the Lambata axis of Gurara Local Government Area of Niger state. The General Manager, Transmission, Abuja Region of TCN, Musa Shuaibu, who disclosed this at a security and community engagement meeting held in Lambata on […]

Nigeria’s gas production rose to 7.93 billion cubic feet per day (bcf/d) in May 2026, representing a 0.63% year-on-year increase from the 7.88bcf/d recorded in the corresponding period of 2025. According to the Nigerian Upstream Petroleum Regulatory Commission, a breakdown of May’s production data shows that Associated Gas (AG) accounted for 3.96bcf/d, while Non-Associated Gas […]

The Federal Government is set to finally disconnect the presidential villa, Aso Rock, from the national electricity grid and operate on an independent solar power system. This development is a part of the government’s effort to curb what it describes as an unsustainable annual energy bill of about 47 billion naira. Earlier this year, State […]

Cross River Governor, Senator Bassey Otu, has unveiled 100 electric vehicles as part of a shift to encourage clean-energy transportation and a renewed commitment to strengthening the public service architecture. Otu, who presented 36 electric vehicles to Permanent Secretaries in the State’s civil service, said the gesture aims to dignify public service, improve governance efficiency, […]