News

Nigeria Aims to Unlock Up to $3bn Annually From Carbon Markets

President Bola Tinubu told world leaders in Abu Dhabi on Tuesday, January 12, that Nigeria is…

Japanese Companies Top Global Ranking of Corporate Climate Efforts – CDP

Japanese companies have topped an annual ranking of corporate climate efforts in part because more have…

Energy Sector Drives Nigeria’s 2026 Growth Despite Power Struggles

Nigeria’s economy is projected to sustain momentum in 2026, primarily driven by growth in the country’s…

Energy Costs Squeeze Nigerian Manufacturers

Manufacturers across Nigeria are raising fresh concerns over the rising operating pressures associated with Nigeria’s increasing…

Montenegro’s EPCG, UAE’s Masdar Explore JV for Large-Scale Renewables

Montenegro’s state utility EPCG and United Arab Emirates’ state-owned Masdar will explore setting up a joint…

FG Prepares Lithium Plant for Commissioning in Lagos

The Federal Government (FG) has begun operations at a high-purity gold refinery in Lagos as part…

EIB Approves $150m Financing for Solar Project in Egypt

The European Investment Bank (EIB), through its development arm EIB Global, has approved a $150 million…

Power Output Slumps as Plants Run Below Capacity

Nigeria’s electricity sector ended December 2025 with severe underperformance, as Nigeria’s power generation capacity remained vastly…

DAPPMAN Reaffirms Role as Nigeria’s Fuel Backbone

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has reaffirmed its strategic role in…

Nigeria Seeks UAE Backing for Gas-to-Power Push

Nigeria is intensifying diplomatic and economic engagement with the United Arab Emirates to advance Nigeria’s gas-to-power…