Africa Energy Bank
Tag: Nigeria
AfDB Approves $500 Million Loan to Transform Nigeria’s Energy Sector
The African Development Bank Group has recently approved a substantial $500 million loan aimed at bolstering…
World Bank Restructures $350 Million Loan to Speed Completion of Power Plants
The World Bank has restructured a significant $350 million loan for Nigeria, aimed at advancing the…
FGNPC Secures $118M Power Upgrade Deal
FGN Power Company (FGNPC) has secured a significant Engineering, Procurement, Construction, and Financing (EPC&F) contract with…
Seplat Energy Sees $177M H1 Profit and Dividend Boost
Seplat Energy PLC, a leading Nigerian independent energy company listed on the Nigerian Exchange and the…
TETFund and Ministry of Power Collaborate on Energy Solutions for Campuses
Nigerian Universities struggling with electricity bills.
NSE Calls for Multi-Stakeholder Approach to Tackle Nigeria’s Energy Challenges
The Nigerian Society of Engineers (NSE) has called on the Federal Government to embrace a multi-stakeholder…
Access Bank to Support 50,000 Homes through ‘Switch to Solar’ Campaign
Access Bank has unveiled its ‘Switch to Solar’ campaign to benefit at least 50,000 households nationwide.…
Ikeja DisCo Achieves Top Revenue and Efficiency Marks in Q1 2024
Ikeja Disco has led the Nigerian electricity distribution sector in revenue and efficiency for the first…
Nigeria’s Power Generation Dropped to 13.68% in Q1 2024
Nigeria’s power generation capacity fell by 13.68% in Q1 2024. The average capacity dropped by 673.16…