Geregu Power Plc has defaulted on a bond payment, raising fresh concerns about the financial health…
Category: West Africa
Ondo Opens Electricity Market to Private Investment
Ondo State has launched a new electricity law to attract private investment and expand power supply.…
FG Rejects Return to Fuel Subsidies Amid Global Price Surge
Federal Government (FG) is maintaining market-based fuel pricing despite global moves to cushion rising energy costs.…
REA Secures ₦50bn for Mini-Grids and Renewables
REA secured ₦50bn to finance renewable energy and mini-grid projects in underserved communities. Another $119m from…
Nigeria Moves to Expand Regional Power Trade
Nigeria is expanding its electricity market and regional power-trading capacity. Low generation remains the key challenge…
Tinubu Pushes NLNG to Expand Domestic Gas Supply
Tinubu urged NLNG to cut gas flaring and increase domestic gas utilisation to improve energy access.…
REA Launches RAMCO to Sustain Renewable Energy Assets
REA has launched RAMCO to professionally manage and sustain publicly funded renewable energy assets in universities…
Nigeria Plans to End Electricity Subsidies in 2027
Nigeria plans to end electricity subsidies in 2027 to create a commercially sustainable power sector. The…
New Tax Incentive Targets $50bn Deep Offshore Investment
Nigeria’s new deep offshore tax incentive could unlock up to $50 billion in oil and gas…
FG Revives NNPC Listing Plan to Boost Oil, Gas Investment
President Bola Ahmed Tinubu revives plan to list NNPC on the NGX to attract fresh investment…