06.10.2026

Independent.Digital.News.Network

Energy

MAN says manufacturers spent about ₦1.35tn on alternative power — and factories are becoming their own utilities

IDNN
0
MAN estimates manufacturers spent about ₦1.35 trillion on alternative energy in 2025, up from ₦1.11 trillion in 2024. The number puts a price on the parallel power infrastructure factories say they need simply to keep production running...

Oil retreats to $100.32 after G7 intervention — but Nigeria’s revenue exposure is far from over

IDNN
0
Brent’s October 5 settlement stood $35.47 above Nigeria’s 2026 budget oil-price benchmark. But production, realised prices, government take and exchange rates determine how much of that apparent upside reaches public finances....

DisCos collected ₦603.64bn in Q2 — but losses, subsidy obligations and metering gaps still expose Nigeria’s power market

IDNN
0
Nigeria’s electricity distribution companies collected ₦603.64 billion from customers in the second quarter of 2026, but still recorded ₦129.07 billion in revenue loss against regulatory......

This website uses cookies to improve User experience. Accept Learn More

Our Policies