Africa Energy Bank Begins Operations with $5bn Capital, Experts Seek More Funding

The Africa Energy Bank has begun operations with $5bn in authorised capital, four years after APPO…

FG Urged to Provide Low-Interest Loans for Solar Manufacturers

Energy experts called for affordable financing, stronger quality control and phased localisation to strengthen Nigeria’s solar…

CBN Appoints 10 Agents to Monitor Nigeria’s Oil and Gas Exports

The Central Bank of Nigeria has appointed eight pre-shipment inspection agents and two monitoring agents for…

FG Pays N1.2tn Power Debt, Plans 19,000MW Transmission Capacity

The Federal Government has paid N1.2 trillion of its N2.3 trillion power sector debt and plans…

FG Targets 2027 Start for $100m South-East Gas Pipeline

The Federal Government plans to begin construction of a 400-kilometre gas pipeline across five South-East states…

FCCPC Threatens Sanctions Against DisCos Over Billing Violations

The FCCPC has threatened enforcement action against DisCos over estimated billing, illegal disconnections and unresolved electricity…

Zulum Rejects NNPC Plan to Relocate Borno Oil Equipment

Borno State Governor Babagana Zulum has rejected plans to relocate oil exploration equipment, citing improved security…

FG Advances $100m South-East Gas Pipeline, Targets First Gas in 2028

The Federal Government has advanced a $100 million, 400-kilometre gas pipeline project connecting five South-East states,…

Enugu Electricity Distributor Announces Six-Day Outage

Mainpower Electricity Distribution Limited has announced scheduled power interruptions from November 5 to 10 across communities…