The Electricity Hub

NBET begins settling power generators and gas suppliers through ₦728.98 billion in bonds under the Federal Government’s ₦4 trillion debt reduction programme.

The Nigerian Bulk Electricity Trading Plc (NBET) has started paying power generation companies (GenCos) and their associated gas suppliers.

The payments follow the signing of ₦728.979 billion in Series 2 ...

Brent crude hits a near two-week high as attacks on Saudi Arabia raise supply concerns. Tanker incidents near the Strait of Hormuz threaten Middle East oil exports. Planned Russian diesel supplies and a Russia-Ukraine energy ceasefire offer some relief to markets.

Oil prices rose on Monday, October 12, as attacks on Saudi Arabia raised concerns about global oil supplies. Th...

Endurance Energy Equipment Co., Ltd. offers integrated equipment for compressed natural gas (CNG), liquefied natural gas (LNG) and hydrogen refuelling infrastructure. The company’s portfolio covers compressors, dispensers, storage systems and station engineering, targeting the growing demand for alternative transportation fuels.

The house public accounts committee will question TCN over its unpaid balance and recovery efforts. The DMO will face questions over alleged N54.57tn in excess borrowing between 2020 and 2024.

The Transmission Company of Nigeria (TCN) must explain this week why N446.70bn remains unrecovered out of N882.75bn in ...

Dangote Refinery increased its diesel gantry price by ₦100 per litre to ₦1,800, just three days after reducing it by ₦80. The new price remains ₦105 below depot prices, while the adjustment could push diesel retail prices higher in Abuja and surrounding areas.

Dangote Refinery has raised its gantry price for Automotive Gas Oil (AGO), commonly known as