Punch Newspapers·3 min read·medium
Nigerian Energy Firms Post N2.57tn Revenue in H1 2026
J
Justice Okamgba
✦AI Summary
Nigerian energy companies reported a combined revenue of N2.57 trillion in the first half of 2026. Seplat Energy saw significant growth due to increased production and commodity prices, while power firms Geregu and Transcorp faced operational challenges.
Why it matters
The report highlights the divergent economic performance between Nigeria's oil and gas sector and its struggling electricity infrastructure.
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