Wema Bank Plc has announced a N1 billion loan support for SMEs. The spike in the…
Tag: Nigeria
Shell Acquires Nigerian Solar Firm
Shell has fully acquired Daystar Power. The firm aims to increase its installed solar capacity to…
Nigeria Adds 4000 Megawatts to its Generation Capacity
Nigeria adds at least 4000 megawatts of power to its generation capacity. Nigeria is working with…
Nigeria Government Develops Energy Policy to Add 30,000MW of Electricity
FGN policy to add 30,000MW of electricity by the year 2030. Renewable energy would contribute 30…
Nigeria Reaffirms Commitment to the ETP
The federal government ascertained that the country is on the path to achieving its energy transition…
Nigeria Can Use 100% RE Power System by 2060- Wärtsilä Report
Nigeria could lead Africa to Net Zero, using 100% Renewables by 2060 With the given strategy,…
Nigeria Energy Sector Experiences the Highest Inflation Rate Since 2017
The Nigerian energy sector experienced 16.8% inflation in October 2022. The persistent naira depreciation contributes immensely…
Nigeria Offers Concession On $1.3 Billion Zungeru Power Plant
Nigeria plans to grant a concession on its $1.3 billion hydropower plant. The private partner will…
REA to Commit $300m to Renewable Energy
REA is preparing to expand its capacity for the Energy Transition Plan. 67 out of 267…
Nigerians Paid N258.9bn For Electricity In Seven Months
Electricity consumers in the country paid N258.91 billion for electricity. Electricity bills have more than tripled…