The Adamawa State government has inaugurated 300 electric tricycles for commercial use. The tricycles, which were issued at half the prevailing fares, are to be used at the initial phase in Yola, the state capital, as well as communities in Numan Local Government Area, were provided under a scheme termed Affordable Transport Solution (ATRaS), an investment […]

Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) revealed that the Dangote Petroleum Refinery imported approximately 1.46 billion litres of gasoline blendstock and other intermediate feedstocks between January and May 2026 to boost its petrol production, The Tribune reports. According to its May 2026 Midstream and Downstream Petroleum Statistics, the refinery continues […]

The Nigerian Electricity Regulatory Commission (NERC) has released N21 billion to electricity distribution companies (DisCos) to provide customers, numbering over 7 million, with meters within 60 days. This is under the Meter Acquisition Fund (MAF) as part of efforts to bridge the metering gap in the Nigerian Electricity Supply Industry (NESI). In the first tranche […]

The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Khalil Suleiman Halilu, said Nigeria spent over N400bn importing solar products in 2025. Halilu, who disclosed this, decried this nation’s dependence on importation, adding that more than N200bn has been spent so far in 2026. He noted that beyond reducing importation […]

The African Industries Group says it plans to establish the largest solar-powered industrial steel project in sub-Saharan Africa after a landmark allocation of 500 hectares of land by the Niger State Government, The Guardian reports. Chairman of the group, Raj Gupta, made the disclosure over the weekend in Abuja, at the groundbreaking and handover ceremony […]

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 […]