Category: Energy

Nigeria one of countries most affected by energy shift – APPO

Nigeria and its African neighbours have been identified as the primary victims of the industrialized...

FG to invest $20bn in power, aims for 20,000 MW by 2026

The Federal government intends to invest $20 billion in new power plants and transmission lines,...

Why Nigeria must embrace renewable energy – NBCC

Nigeria’s switch to renewable energy, according to the Nigerian-British Chamber of Commerce, is “no longer...

How self-generated power costs manufacturers N144.5bn in one year

With the cost of self-generated power in the industry skyrocketing to N144.5 billion in 2022,...

Osinbajo charges NNPC on balanced energy transitioning

The Vice President, Yemi Osinbajo, has charged the Nigerian National Petroleum Company Limited to work...

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...