Control of Geregu Power has shifted to MA’AM Energy after a restructuring that ends Femi Otedola’s indirect control. The move could reshape expectations for investment and governance in listed power assets.
Nigeria’s regulator says Port Harcourt refinery is shut but diesel evacuation continues, raising new questions about inventories, maintenance timelines and transparency around domestic refining.
Tribune reports that Nigeria’s share of crude oil exports to the United States and India has risen, with recent surveys putting Nigeria’s share at 3.3% in those markets as other suppliers’ shares declined.
Nigeria’s grid recovered after a December 29 system disturbance, with NISO citing tripped units and transmission lines. Analysts say gas constraints and weak redundancy continue to make the network fragile.
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