REA to Showcase Wins at COP28 With Side Events

The Rural Electrification Agency (REA) of Nigeria will host a multi-format side event at the Nigeria…

OPEC Fund Gets €50m Loan for SMEs, Green Energy in West Africa

The OPEC Fund for International Development has signed a €50 million loan agreement with the West…

Equinor Sells Stake in Nigeria to Chappal Energies

Equinor, a multinational energy company in Norway, has sold its Nigerian business to Chappal Energies as…

Masdar, PwC Release Renewable Energy Report in West Africa

Masdar and PwC Middle East have released a new report showing West Africa’s renewable energy potential.…

Experts Urge Tunnelling, Underground Technology to Develop Africa’s Energy

Experts have called on Nigeria and other African nations to adopt tunnelling and underground space development to…

DBN Secures €25m for MSMEs, Renewable Sector

The Development Bank of Nigeria (DBN) Plc has secured €25million for the growth and development of…

Access Bank, Asolar to Power SMEs, Communities with Solar Gadgets

Access Bank Plc, in collaboration with Asolar, has launched a renewable energy solution to tackle power supply…

Crude Oil Production Rose to 1.6mbpd in October

Crude oil production in Nigeria, including condensate, rose year-on-year by 30 per cent to 1.6 million barrels…

Tinubu Reappoints Kyari as CEO of NNPCL

To restructure the Nigerian National Petroleum Company Limited (NNPCL), President Bola Tinubu has announced the reappointment…

AEC Predicts Decline in Oil Production in 2024

According to a report by the Africa Energy Chamber, Africa is likely to have a flat…