Business

Wimbart launches PR service for early-stage African startups

  • 11th February 2026

FG commits extra support to launch $5bn Africa

  • 11th February 2026
CAC registers 330,000 small enterprises

CAC offers free registration to 3,500 small businesses

  • 10th February 2026

UAC Nigeria revenue surges 74% to ₦343bn in

  • 10th February 2026

Contact Info

Some Populer Post

Dangote slashes petrol price by ₦25 to ₦774/litre

featured Oil and Gas

Global air cargo demand rose 4.3% in December 2025

Transportation

Oyetola defends ₦10.4bn marine budget, appeals for increased funding

Finance
80% of Nigeria pharmacies now prefer digital payment methods — Report

Digital payments now handle 43% of Nigeria’s fuel transactions

E-commerce
  • Home
  • Africa Energy Bank

Tag: Africa Energy Bank

Business

FG commits extra support to launch $5bn Africa Energy Bank

The Federal Government has affirmed its readiness to provide additional funding to the Africa Energy Bank to ensure its launch, following delays by some African countries in meeting their capital subscription commitments. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made the disclosure on Tuesday at the 2026 Sub-Saharan Africa International Petroleum Exhibition and […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
News

Africa Energy Bank set to begin operations in March

The Africa Energy Bank is set to commence operations in March 2025, as confirmed by Nigeria’s Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri. The bank, headquartered in Abuja, aims to fund oil and gas projects and support Africa’s energy transition goals. This was disclosed by Lokpobiri on Tuesday at the opening of the […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
News

$5bn Africa Energy Bank to begin operations in 2025

The Federal Government has confirmed that the highly anticipated $5 billion Africa Energy Bank will begin operations on January 28, 2025. This initiative marks a significant step toward improving energy access and development across the continent. The Permanent Secretary of the Federal Ministry of Petroleum Resources and Nigeria’s Executive Board Member at the African Petroleum […]

Nigeria loses $1.1bn annually to medical tourism – Afreximbank
Energy

African Energy Bank to kick-start operations 2024

The proposed Africa Energy Bank which will help in funding oil and gas projects across Africa is set to begin operations this year with an initial capital base of $5 billion. The bank, a collaboration between Afreximbank and the African Petroleum Producers Organization, is meant to help plug a funding deficit in Africa amid pressure […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in