Energy Market
Oil Prices Rise as Middle East Shipping Attacks Deepen Supply Concerns
Oil prices climbed on Thursday as renewed attacks on shipping in the Gulf and the Strait of Hormuz heightened fears of further disruptions...
Benin, Togo and Niger Leave $10.17 Million Unpaid on Q2 Power Bills
Benin Republic, Togo and Niger left $10.17 million unpaid on electricity invoices issued by Nigeria during the second quarter of 2026, highlighting continuing...
Oil Prices Spike After Trump Rejects Iran Truce Offer
Global oil prices climbed on Monday after US President Donald Trump rejected Iran’s proposal for a seven-day truce aimed at ending hostilities and...
DisCos’ Revenue Failures Deepen Crisis in Nigeria’s Electricity Market
By Benson Daniel Nigeria’s electricity market is facing growing financial pressure as poor billing, revenue collection gaps and high distribution losses continue to...
EDF in talks to buy So Energy and expand UK electricity customer base
French state owned utility EDF is in talks to acquire electricity supplier So Energy, which is majority owned by Irish energy company ESB,...
Electricity regulators strengthen coordination to address market gaps
By Benson Daniel Electricity regulators across Nigeria are moving to strengthen coordination between federal and state authorities as the country’s power market undergoes...
Oil climbs above $94 as US Iran tensions threaten global supply
By Benson Daniel Global oil prices surged above $94 a barrel as renewed military confrontation between the United States and Iran intensified concerns...
NMDPRA Urges West Africa to Break Free from Foreign Fuel Price Benchmarks
By Benson Daniel The Nigerian Midstream and Downstream Petroleum Regulatory Authority has called on Nigeria and other West African countries to reduce their...
