News

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…

Zelestra Reaches Financial Close for First Solar Projects in Italy

Zelestra has reached financial close for its first two solar power projects in Italy, marking a…

Masdar Reaches 65GW Renewables Portfolio in 2025

Masdar announced that its renewable energy portfolio reached 65 gigawatts (GW) in 2025, up from 51GW…