News
FG Seeks $60m Climate Finance for Green Energy Hubs
The Federal Government has begun talks with global financial institutions to secure over $60 million in…
BRICS Urges Climate Finance From Wealthy Nations
On July 7, the final day of the summit in Rio de Janeiro, BRICS leaders called on wealthy…
EU to Develop ‘Nature Credits’ to Fund Ecosystem Protection
The European Commission (EU) announced on Monday, July 7, that the Union plans to create rules…
ACEN and UPC Renewables Announce 500 MW Clean Energy Projects in India
Energy platform ACEN and UPC Renewables have announced over 500 MW of clean energy projects in…
Samsung Heavy Secures $637 Million Deal for Major Mozambique FLNG Project
Samsung Heavy Industries, a major Korean shipbuilder, has secured a deal worth 869.4 billion won ($637…
Shell Warns of Lower Q2 Trading Results Despite Stronger Refining Margins
Shell projects a mixed financial performance across its portfolio for Q2 2025. The company anticipates weaker…
Galaxy Backbone, REA to Expand Digital and Energy Access Nationwide
Galaxy Backbone Limited (GBB) and the Rural Electrification Agency (REA) have signed a strategic Memorandum of…
Peter Obi Unveils Strategy to Resolve Nigeria’s Power Sector Issues
Labour Party’s former presidential candidate, Mr. Peter Obi, has shared his proposed strategy for tackling Nigeria’s…
Nigeria Seeks Trade, Climate, Education Ties with Saint Lucia
Nigeria plans to strengthen trade and investment relations with Saint Lucia. The focus areas include agriculture,…
KEDCO Blames Load Shedding on Drop in Power Allocation
The Kano Electricity Distribution Company (KEDCO) has linked the ongoing load shedding across its coverage areas…