Category: Energy

Global renewable energy hits 9.6% increase in 2022

The total amount of renewable energy capacity worldwide reached 3372 gigawatts, representing an increase of...

Europe’s energy bills hits 800 billion euros

Researchers stated on Monday that the amount spent by  European countries to protect people and...

Fuel scarcity: NNPC releases 67m litres to merchants

The delivery of over 67 million liters of Premium Motor Spirit, also known as petrol,...

World Bank funds Africa renewable energy project with $311m

Oluwanifemi Ojo   The World Bank has signed an agreement with four African countries, Chad,...

We no longer rely on Russian energy – Germany

Germany’s Finance Minister, Christian Lindner, says his country has stopped importing energy directly from Russia....

Falana faults FG over irregular petroleum products prices

Human Rights Activist and Senior Advocate of Nigeria, Femi Falana, has condemned the attitude of...

Nigerian firm seals $750k solar deal

A Nigerian mini-grid participant named Husk Power Systems has secured finance for solar mini-grid projects...

Russia rejects EU, G7 oil price cap

Russia on Saturday rejected a $60 price cap on its oil agreed by the EU,...

Reps probe AGIP Oil over tax evasion

The House of Representatives ad hoc committee on Joint Venture on Wednesday quizzed the Nigerian...

Rwanda launches $104m green investment facility

In its bid to spur investment in private sector-led green growth through sustainable financing, Rwanda...

Nigerian Breweries, CrossBoundary Energy signs $10m solar power deal

The largest renewable energy project in Nigeria’s commercial and industrial sector is being developed by...

Power generation hits 4,173.20MW in 24 hours

The Nigerian energy supply increased to 4,173.20Mw on Wednesday from a total of 2,931Mw on...

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