Nigeria Power Sector Faces Over N300bn Losses as Subsidy Hits N418.79bn in Q4 2025
By Elizabeth Ugbo In Q4 2025, Nigeria’s electricity sector recorded major financial strain, as the Federal Government of Nigeria absorbed…
Energy covers the latest developments in power generation, renewable energy, oil and gas, electricity supply, and energy policies shaping economies and industries worldwide.
Nigeria Boosts Oil Production to 1.84 Million Barrels Per Day Amid Anti-Theft Crackdown
By Elizabeth Ugbo Nigeria’s crude oil production has risen to 1.84 million barrels per day as government efforts to curb…
Iran–U.S. Tensions Escalate Over Strait of Hormuz and War Threats
By Elizabeth Ugbo Iran, the United States, and Israel have intensified their conflict since February 28, as Tehran closed the…
Geopolitical Tensions Push Nigerian Manufacturers Into Cost Crisis
By Elizabeth Ugbo The Manufacturers Association of Nigeria (MAN) has warned on Monday that rising geopolitical tensions in the Middle…
Tinubu Approves ₦3.3 Trillion Power Sector Debt Plan to Boost Electricity Supply in Nigeria
By Elizabeth Ugbo President Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to clear longstanding debts in Nigeria’s…
Trump Says US Could Halt Iran Strikes Within Weeks as War and Oil Crisis Escalate
By Elizabeth Ugbo US President Donald Trump said on Tuesday that the United States could stop military attacks on Iran…
Dangote Refinery Boosts Nigeria’s Energy Security Amid Global Crisis
By Elizabeth Ugbo In Nigeria, the Dangote Refinery, owned by Aliko Dangote, has transformed the nation’s fuel supply since October…
GLOBAL OIL CRISIS DEEPENS: MIDDLE EAST CONFLICT TRIGGERS ENERGY SHOCK, INFLATION SPIKE, AND SUPPLY CHAOS WORLDWIDE
By Elizabeth Ugbo The ongoing conflict involving Iran, Israel, and the United States has triggered a global economic shock that…
Trump Delays Iran Power Grid Strike as War Escalates and Oil Route Remains Blocked
US President Donald Trump has delayed planned attacks on Iran’s power grid until April 6, 2026. He made the announcement…
Nigeria Loses N40trn Yearly to Power Crisis – NISO Warns
By Elizabeth Ugbo Nigeria loses about N40 trillion annually to electricity shortages, according to the Nigerian Independent System Operator (NISO).…