Nigeria Faces Electricity Challenges Amidst Economic Pressures

In recent statements, Adebayo Adelabu, Nigeria’s Minister of Power, revealed that the government is postponing plans…

Enugu State Aims to Boost Electricity Capacity to 700MW with Private Sector Investment.

Enugu State Government plans to increase its electricity capacity from 70 MW to 700 MW through…

BayWa r.e. Builds 136MW Solar Portfolio

German energy company BayWa r.e. has completed the construction of five solar farms, with a combined…

Tinubu Appoints New Leadership for NDPHC

President Bola Tinubu appointed a new management team for the Niger Delta Power Holding Company (NDPHC),…

Twenty States Owe Electricity Bills as Discos Face Debt Recovery Challenges

Electricity distribution companies (Discos) in Nigeria have revealed that around 20 of the country’s 36 state…

Federal Government Settles N205bn of N1.3tn Debt to GenCos

The federal government announced that it had offset N205 billion of the N1.3 trillion debt owed…

US and Russia Compete for Africa’s Nuclear Energy Market

The United States and Russia are ramping up efforts to expand their influence in Africa’s emerging…

NNPC Makes N3.3trn Profit, N2.1trn Dividend For 2023

The Nigerian National Petroleum Company (NNPC) Limited declared a net profit of N3.297 trillion at the…

Mining Companies Boost Green Energy with Sustainable Loans

Mining companies increasingly use green loans tied to greenhouse gas (GHG) reductions and Environmental, Social, and…

Algeria Provides Emergency Fuel Aid to Lebanon

Algeria will start supplying fuel for Lebanon’s power plants immediately, the North African country’s radio said.…