The Brief: Nigeria’s new electricity tariffs are a game changer for commercial and industrial solar companies

We assess the implications of the 240% hike in electricity tariffs for consumers, businesses and investors.

Chart of the Week: Nigerian electricity subsidy removal requires a phased approach

We analyse the impact of an electricity subsidy removal on low-income Nigerian households.

Energy startup funding surpasses fintech for two consecutive quarters in 2023

We assess the trends in Africa’s energy tech ecosystem in 2023 and provide an outlook for 2024.

Other - 20 NOV 2023

Stears’ Energy Market Monitor shows 46% decline in Nigerian petrol consumption post-subsidy removal

The Stears Energy Market Monitor gives an overview of the price direction of energy commodities over the past few months.

Stears energy tracker: Compare petrol, diesel, and gas prices across Nigeria

View and download data on Nigeria's changing energy landscape across four essential commodities each month: petrol, diesel, cooking gas, and kerosene.

How will higher oil prices impact Kenya’s economy?

An analysis of the possible impact of an expected oil price surge on inflation, the shilling and consumer disposable incomes in Kenya.

Navigating Nigeria's shifting oil landscape

We examine the impact of recent political events on the sector and provide a near-term outlook for the sector.

Is Kenya’s fuel subsidy back?

Despite hikes in global oil prices, the Kenyan energy regulator announced a fuel price freeze, raising speculation on the return of subsidies.

How Kenya’s petrol deal with gulf states backfired

Kenya's FX pressure fuelled failed petrol deal with gulf states. We assess impacts on the Kenyan economy.

Nigeria's electricity sector performance in 12 charts

As tariffs become cost-reflective, discos heighten the electricity sector's struggle to deliver better service for Nigerians.

Post subsidy: What will determine petrol prices in Nigeria?

Why is the process of setting petrol prices important, and how will petrol prices be determined going forward?

5 ways Dangote's refinery could transform Nigeria's future

After ten years, the Dangote refinery will be commissioned today. We assess whether it could be a game changer for the Nigerian economy.

Shaking up Nigeria's power sector: a new approach

Why Nigeria’s electricity transmission company should be unbundled.

Why is Femi Otedola interested in Transcorp?

Billionaire Femi Otedola has acquired about 2.245 billion shares of Transcorpm what's driving the interest in this investment?

What drives crude oil prices?

Analysing the fundamental and non-fundamental elements behind volatile crude oil prices in Nigeria and across global markets.

Who should be Nigeria’s next Petroleum Minister?

President Buhari doubling as Nigeria's petroleum minister hasn't solved corruption or increased investment in the sector.

How Lagos estates are going off-grid

Estates in Lagos solve Nigeria's electricity issues by going off-grid.

Will Ibom Power’s new license improve Akwa Ibom's electricity?

Akwa Ibom state-owned Ibom Power has a licence to distribute its electricity. Nigeria needs such licences even though it threatens discos.

Will higher electricity bills solve Nigeria’s power problem?

Many Nigerians live with unreliable electricity. But here is why tariffs need to keep increasing till they are cost-reflective.

What to expect from oil prices in 2023

Stears' scenario-based analysis for global oil prices and what it means for Nigeria

Will refineries solve the energy sector’s dollar crisis?

Assessing Nigeria's energy sector’s dollar crisis.

2023 manifesto explained: Analysing APC and PDP’s path to 24-hour electricity

Which political party is better prepared to give Nigerians energy security?

Nigeria’s energy sector is in crisis, how are businesses doing?

With energy prices (oil & gas) skyrocketing this year, we look at the impact on Nigerian businesses using nine charts.

Natural gas: the price cap they don't tell you about

Nigeria's price cap on natural gas is more harmful than you thought.

COP 27: How to talk about climate change with Africa

With COP 27 underway, how should we address the effect of climate change in Africa?

Development - 11 NOV 2022

What’s the problem with Nigerian ports?

Nigerian ports have certain issues that hinder their efficiency. Read this article to know more about these issues.

It's a good time to be an oil company, as long as you are not in Nigeria

Seplat's Q3 2022 numbers came in a little disappointing, despite the current oil price rally

What is causing Nigeria's petrol scarcity?

We investigate the reasons behind Nigeria's recent petrol price hikes and scarcity.

Why is Geregu Nigeria’s first listed power company?

We unpack the factors driving Geregu's ability to list on the Nigerian Exchange.

How can mergers and acquisitions help renewable energy startups achieve 10x growth?

M&As facilitate fast growth for African renewable energy startups.

How do mini-grids provide electricity in cities?

Partnerships with private companies are crucial to increasing the electricity supply in Nigeria.

How should Nigeria remove its fuel subsidy?

Indonesia’s 2003 and 2005 subsidy removal attempts provide lessons for Nigeria on subsidy reform.

What are the risks of oil price caps?

Like Nigeria's subsidy, the G7 wants an oil price cap on Russia's oil. But these price controls are prone to market failures.

How much oil does Nigeria lose?

Oil revenue losses from metering errors, theft and production shut-ins aggravate Nigeria’s record low oil production.

One year after: Has the PIA impacted the oil & gas sector?

One year down, reforms like subsidy removal and host community development which the PIA should have implemented, have been delayed.

Are Nigerian electricity tariffs really cost reflective?

Liquidity issues in the power sector can’t be fixed when the tariffs, the primary source of cost recovery, don’t reflect the sector’s costs.

How much is NNPC losing from not refining oil?

NNPC's refineries are stuck in rehab as Saudi Aramco and co cash out from refining oil.

Why don't most Nigerians have electricity meters?

Most Nigerian electricity consumers are without meters and suffer the pain of estimated billing.

Why are regulators struggling to approve the Seplat-Mobil deal?

The uncertainty from the minister of petroleum (Buhari) and regulators aren’t favouring Nigeria’s unattractive upstream sector.

How can NNPC Limited succeed?

Inefficient business practices and weak corporate governance plagued the old NNPC, will the new one fare better?

Why are Nigerian electricity companies so unprofitable?

Eight out of 11 Nigerian electricity companies have either been sold or taken over by banks due to poor financial performance.

Are Nigeria’s new oil fields another waste of time?

Nigeria's new marginal oil fields will increase local participation in oil production but are not nearly enough to be a game-changer for the industry.

Is Nigeria still Africa’s oil giant?

Although an OPEC member, Nigeria is in the trenches, competing with Angola and Libya for the weightless title of “Africa’s oil giant”.

Why investors are bullish on Seplat

Seplat is benefitting from the oil and gas boom. But, Nigeria's challenging environment poses risks. Will it remain investors' choice for the future?

Why is Nigeria's national grid always collapsing?

Thirteen charts help us explain Nigeria's incessant grid collapse.

11 charts showing how energy prices affect Nigerians

Household energy prices like cooking gas have skyrocketed and the hikes are pinching government revenues such as FAAC.

How Nigerians are buying assets from Shell and ExxonMobil

We unpack the dynamics at play in the recent M&A activity happening in Nigeria's oil and gas sector

How volatile oil prices impact climate change

We take a look at how the impact of the Russia-Ukraine on oil supply will impact climate change ambitions

Why Nigerians are turning to solar inverters for power

We explain the power supply alternatives for Nigerians in the midst of the current energy crisis

Explainer: why we need to improve access to clean cooking fuels

We unpack why access to clean cooking fuel is important and the policies required to improve it

Can Nigerian states produce their own electricity?

We analyse the House of Representatives' Bill to allow States to generate their own electricity

What can the NNPC learn from Saudi Arabia's Aramco?

We take a look at the history of ARAMCO and how it compares to the NNPC

Why the new tariff did not give us electricity

We assess the objectives of service-based tariffs and how they can be better designed for success

What is the solution to Nigeria’s gas problems?

Little attention is paid to Nigeria's gas industry, but shortfalls in supply contribute to energy crises in the country.

Why Dangote's refinery won't solve our fuel crisis

Even when Dangote's refinery comes online, Nigeria needs to deregulate local petrol prices to solve its petrol issues. How much would petrol rise to?

Which customers should renewable energy companies serve?

An analysis on how to decide market size as a renewable energy provider.

Can Nigeria increase gas supplies amidst a Russian shortage?

A look into Nigeria's gas reserves, infrastructure, and everything we would need to help Europe meet its gas needs.

Why privatising NEPA did not work

A look into the privatisation process of Nigeria's electricity sector.

Why renewable energy companies rely on debt financing

An explainer on why debt financing is ideal for renewable energy companies and renewable projects.

Can Nigeria harness hydrogen’s energy potential?

An assessment of hydrogen's energy potential.

Will Nigerian oil companies outperform fleeing oil multinationals?

An assessment of the future of Nigeria's oil industry without international oil companies.

Will competition fix Nigeria's power sector issues?

What a competitive power sector would look like in Nigeria.

Why the future of Nigeria’s power supply is offgrid

Offgrid solutions and Nigeria's electricity crisis

Why Nigeria won’t be a crypto mining hub

Nigeria can’t be a crypto mining hub despite huge renewable energy potential.

How oil thefts and spills are making a dangerous mess in the Niger Delta

Oil thefts, oil spills and host communities

What can Ghana teach Nigeria about electrification?

How Nigeria can speed up its electrification rate.

The untapped potential of Nigeria's wind energy

How Nigeria can harness wind energy for electricity.

Beyond COP26: can green bonds help?

How Nigeria is leveraging green bonds for sustainable development.

What will it take to mine bitcoin in Nigeria?

What it will take for bitcoin mining to become more accessible in Nigeria.

Global gas crisis derails Africa's transition to clean energy

How the global gas crisis is worsening Africa's energy insecurity and slows the race to transition to clean energy.

Five years on, net metering remains impossible for Nigeria's solar user

A breakdown of net metering and how it can work in Nigeria.

Amid life in darkness: Blue Camel explores renewable energy solutions for Nigerians

Understanding Blue Camel’s renewable energy solution for Nigeria.

Crude stop! Why Nigeria’s oil production remains stuck

Why has Nigeria's oil production remained stagnant?

Economies are gaining from carbon taxes, but not Nigeria

The polluter effect: How economies gain from carbon taxes

Electric vehicles in Nigeria: A take-off without landing?

How electric vehicles can thrive in Nigeria

The CBN’s role in lighting up Nigeria

The CBN’s superhero attempts to curb Nigeria’s power sector trials.

Can Nigeria embrace 100% renewable energy?

To renew or pollute? A cost-benefit analysis of Nigeria’s electricity generating options.

A deep-dive into the NNPC's finances: will the PIA solve its issues?

The state of the NNPC's approach to spending money

How relevant is OPEC for Nigeria?

A look into the world's most powerful cartel and its relevance for Nigeria.

Why the ambitious plan to power Ariaria market’s 40,000 shops failed

Electrifying Ariaria market and the mini-grid solution that didn't work.

What the Petroleum Industry Bill means for foreign investors

Is the Petroleum Industry Bill robust enough to attract foreign investment?

Nigeria to power up Africa with $25 billion gas pipeline

Unpacking Nigeria’s $25 billion gas pipeline to Morocco.

Can the private sector plug Nigeria's electricity gap?

How private companies can get involved in electricity generation.

Development - 29 APR 2019

Why Nigerian buildings will continue to collapse

Buildings collapse for many reasons. In Nigeria, buildings mostly collapse because of negligence.

Development - 13 AUG 2018

The struggles of Nigeria's internet industry

Data is expensive in Nigeria, and the service is either too slow or unreliable.

Development - 29 MAR 2018

Stop the Soot

Port Harcourt is covered in a cloud of soot from oil bunkering, but no one is likely to do anything about it.

Economy - 10 NOV 2017

The Cost of Nigeria's Sexism Problem

Countries are finally coming to terms with the reality that gender inequality takes a toll on development.