THE Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre…
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Circular Economy in Africa: A Paradigm Shift in Energy Consumption
Circular economy has gained traction worldwide as a means of redefining energy consumption. A circular economy…
Nigeria to Fund Energy Transition with Revenue from Fossil Fuels
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that despite calls…
Puma Energy Acquires 49% Stake in Renewable Energy Firm
Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
NERC Plans to Sell Kaduna Electric over $130m Debt
Due to mounting debt, the Nigerian Electricity Regulatory Commission (NERC) is preparing to sell Kaduna Electricity…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders
Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…
NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES
Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…
Nel to Sell Stake in Green Hydrogen Firm
Norwegian hydrogen solutions company, Nel, has announced plans to sell its entire 13.56% interest in Everfuel,…