Senegal Joins Oil-Producing Countries, Begins Production
Senegal has achieved a historic milestone by officially commencing oil production, thereby joining the ranks of oil-producing countries in West…
Real Time Financial News Website
Senegal has achieved a historic milestone by officially commencing oil production, thereby joining the ranks of oil-producing countries in West…
Ghana’s state-owned electricity company, the Electricity Company of Ghana (ECG), has announced a three-week power interruption due to reduced gas…
A high court in Lagos has issued an interim order preventing ten electricity distribution companies (DisCos) and the Nigerian Electricity…
Germany is removing a fee it charged neighboring countries for accessing its natural gas reserves. This levy, implemented during the…
The European Union (EU) has unanimously decided to withdraw from the Energy Charter Treaty (ECT), a move driven by concerns…
French oil giant TotalEnergies has passed over Nigeria for a second time, opting to invest $600 million in the Republic…
During the 8th Africa Energy Market Place 2024 in Abuja, the Chairman of the Nigerian Electricity Regulatory Commission (NERC), Engr.…
GoSolr, a South African company, plans to increase its solar-generation capacity to 500 megawatts in the next four years, up…
The Organised Private Sector (OPSN), composed of prominent Business Membership Organisations (BMOs), has raised alarm over the recent surge in…
The Nigerian government has explained that the recent increase in electricity tariffs mainly affects a small, affluent portion of the…
The Federal Government has urged members of the National Union of Electricity Employees (NUEE) not to go on strike in…
Nigeria’s Minister of Power, Adebayo Adelabu, has provided assurance that the country is set to generate 6,000 megawatts (MW) of…
Following the Nigerian Electricity Regulatory Commission’s (NERC) recent increase in electricity tariffs for Band A customers, electricity distribution companies (DisCos)…
The Federal Government has announced that it expects to save a significant amount of money this year following the recent…
The Nigerian Society of Engineers (NSE) has urged for strict penalties on electricity distribution companies (DisCos) that fail to provide…
The Federal Government has announced the commencement of testing on the 700 megawatts Zungeru Hydroelectric Power Plant, located in Niger…
Several communities in Abuja, Lagos, and Nasarawa are currently experiencing power outages as a result of technical glitches affecting transmission…
The Nigerian Electricity Regulatory Commission (NERC) has revealed that a total of 1,974,385 electricity consumers will be affected by its…
The Federal Government has announced an increase in the price of natural gas for power generation companies, signaling a potential…
FGN Power Company, responsible for executing the Presidential Power Initiative (PPI) in Nigeria, has received 10 transformers and 10 Mobile…
The management of Kaduna Electricity Distribution Company has clarified misconceptions surrounding the payment for electricity consumed during Ramadan by residents…
Ghana’s state-run electricity provider, ECG, took the drastic step of briefly cutting off power to the parliament building, aiming to…
Over 14 communities in Ogun State are grappling with power outages attributed to technical faults in power installations, according to…
The Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns regarding long queues at filling stations in parts of Lagos,…
Today, British American Tobacco (BAT) (Nigeria) Limited will inaugurate a 1.4MWP grid-tied solar panel system at its Ibadan factory, marking…
The Ghanaian Cabinet has decided to retract the 15% Value Added Tax (VAT) on electricity in response to widespread public…
The Federal Government has embarked on exploring opportunities in green hydrogen as part of its efforts to transition from fossil…
The Nigerian National Petroleum Company Limited (NNPCL) has initiated discussions with a South Korean consortium led by Daewoo E &…
Announced at the Africa Climate Summit in Nairobi, a groundbreaking initiative will bring grid power to nearly 70% of Burundi’s…