Nigerian universities are struggling with excessive electricity tariffs imposed by electricity distribution companies (DISCOs). As highlighted…
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USAID Launches N115 Billion ‘Empower Nigeria’ Programme With the Ministry of Power
On Wednesday, July 10, the United States Agency for International Development (USAID) announced a N115 billion…
Senate Calls for Urgent Action on Stalled Mambilla Power Project
In a significant move, the Senate passed a resolution on Thursday, July 4, advocating for immediate…
World Bank Targets $20 Billion in Annual Guarantees
The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…
World Bank Approves $1.5 Billion for India’s Energy Expansion
The World Bank approved $1.5 billion to accelerate India’s low-carbon energy expansion. This funding, part of…
Egypt’s $10 Billion Wind Power Project Delayed Until 2026
The construction of a $10-billion wind power project in Egypt, one of the world’s biggest, will…
Carbon Removal Market to Reach $100 Billion Between 2030 and 2035
A recent report by management consultancy Oliver Wyman highlights the immense potential for growth in the…
Court Stops IKEDC, NERC from Effecting New Electricity Tariff
The Federal High Court sitting in Lagos has restrained Ikeja Electric Plc (IKEDC) and the Nigerian…
2024 Oil & Gas Investment to Hit $570 Billion
Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…
Nigeria Allocates ₦21 Billion for Free Prepaid Meters
The Federal Government has approved ₦21 billion for electricity Distribution Companies (DisCos) to supply free prepaid…