African Export-Import Bank (Afreximbank) has completed upsizing its reserve-based lending facility for Oando Oil Limited to…
Tag: Nigeria
FG to Withdraw Licences of Firms with Dormant Oil Fields
The Federal Government of Nigeria has threatened to withdraw the licences of firms with dormant oil…
Nigeria Climbs WEF Rankings, Leads Africa’s Energy Shift
As Nigeria pursues its ambitious goal of raising $2 trillion for carbon reduction by 2060, it…
Drowning in Waste: Minister Raises Alarm Over 14 Million Tonnes of Ocean Plastic
The Federal Government of Nigeria has disclosed that about 14 million tonnes of plastic annually obstruct…
Dangote Refinery Takes on ₦1 Trillion Fuel Delivery Challenge
Dangote Petroleum Refinery has announced that it will absorb more than ₦1.07 trillion each year as…
FG Moves to Address Debt Crisis Threatening NNPC Power Plants
The Federal Government is exploring strategic measures to tackle power tariff issues impacting gas supply and…
Russia Pursues Strategic Oil and Gas Alliance with Pakistan and Nigeria
Russia has offered Pakistan stakes in its oil and gas fields located in Nigeria. The proposal,…
TCN Reconnects Six North-East States After Days in the Dark
The Transmission Company of Nigeria (TCN) has confirmed that bulk electricity supply has been fully restored…
African Ministers Reframe Critical Mineral Strategy
As global demand for critical minerals vital to the energy transition accelerates, African leaders are championing…