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Nigerian power sector

Fidson, NREIT Listings Lift NGX Weekly Turnover

Two new listings lifted Nigeria's stock market last week as NGX weekly turnover reached $127.9 million despite softer volume numbers.

Dangote Tops Forbes 2026 Africa Billionaires List as Rabiu’s Wealth Jumps 120 Percent

Aliko Dangote topped the Forbes 2026 Africa Billionaires list with $28.5 billion as Nigeria placed four businessmen among the continent's wealthiest.

Tariff Hike Looms as Monthly Power Subsidy Hits $113.13m

The Federal Government's electricity subsidy surged to N181.63 billion in September, raising the possibility of a tariff hike as generation costs continue to rise.  

Nigerian Electricity Workers Threaten Nationwide Blackout Over Union Leader’s Arrest

NUEE warns of a power sector shutdown if labor leader Joe Ajaero is arrested on controversial charges.

Nigeria Wastes Enough Gas to Power 3 Million Homes

Nigeria wastes enough gas annually to power three million homes, a glaring inefficiency in a country with ongoing energy challenges.

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Fidson, NREIT Listings Lift NGX Weekly Turnover

Two new listings lifted Nigeria's stock market last week as NGX weekly turnover reached $127.9 million despite softer volume numbers.

Dangote Tops Forbes 2026 Africa Billionaires List as Rabiu’s Wealth Jumps 120 Percent

Aliko Dangote topped the Forbes 2026 Africa Billionaires list with $28.5 billion as Nigeria placed four businessmen among the continent's wealthiest.

Rivers Assembly Rejects Four Fubara Commissioner Nominees

Rivers Assembly rejected four of Governor Fubara's nine commissioner nominees Monday after a screening session that lasted over two hours.

Petrol Hits N1,300 Per Litre in Nigeria as Middle East War Drives Crude Oil to $110 Per Barrel

Petrol prices surged to N1,300 per litre across Nigeria as the Middle East war pushed global crude oil prices to $110 per barrel.