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Nigeria

  • In the News

    Nigeria’s REA Signs MOUs for Renewable Energy Projects Expansion

    by Adenike Adeodun July 10, 2024
    by Adenike Adeodun July 10, 2024

    Nigeria’s REA signs six MOUs to enhance energy access, targeting 1,265MW capacity through renewable energy projects in rural and peri-urban areas.

  • Energy TransitionIn the News

    Nigeria Nears Deal: Exxon Oil Asset Sale to Seplat Imminent

    by Motoni Olodun May 3, 2024
    by Motoni Olodun May 3, 2024

    Nigeria is on the brink of finalizing a significant deal that could see the sale of Exxon Mobil’s oil assets to indigenous oil firm Seplat Petroleum Development Company Plc. The …

  • In the News

    Ajaokuta Steel Minister Engages Original Developers, TPE, to Secure Funding for Revival

    by Motoni Olodun April 28, 2024
    by Motoni Olodun April 28, 2024

    The Nigerian Minister of Mines and Steel Development, Abubakar Bawa Bwari, has initiated discussions with the original developers and Technical Partner Experts (TPE) of the Ajaokuta Steel Company to expedite …

  • Energy TransitionIn the News

    Nigeria’s Power Grid Collapses, Deepening Crisis Amid Tariff Hike

    by Motoni Olodun April 16, 2024
    by Motoni Olodun April 16, 2024

    Nigeria’s electricity grid suffered a catastrophic collapse mere weeks after implementing tariff increases, exacerbating the country’s energy crisis. The collapse, which occurred on April 15, underscores the fragile state of …

  • Energy TransitionIn the News

    Nigeria Considers Mandating Discos to Sign Agreements with Band A Electricity Customers

    by Motoni Olodun April 11, 2024
    by Motoni Olodun April 11, 2024

    In Nigeria, discussions are underway to mandate electricity distribution companies (Discos) to enter agreements with Band A customers amidst electricity tariff hikes. The move aims to enhance transparency and accountability …

  • Energy TransitionIn the NewsOil & Gas

    Nigeria’s Potential Loss Looms as Oil Prices Near $100 Mark

    by Motoni Olodun April 10, 2024
    by Motoni Olodun April 10, 2024

    Nigeria faces the prospect of missing out on significant opportunities as oil prices soar towards the $100 mark, signaling potential windfalls for oil-producing nations. Despite being a major player in …

  • In the News

    Dangote Refinery Boosts Local Market with Fuel Shipments

    by Motoni Olodun April 9, 2024
    by Motoni Olodun April 9, 2024

    In a significant development for Nigeria’s energy sector, the Dangote Refinery has commenced shipments of fuel items to the local market. This move is poised to have a substantial impact …

  • In the News

    Nigeria: DisCos Mandated to Set Up Online Portals Amidst Tariff Increase

    by Ikeoluwa Juliana Ogungbangbe April 9, 2024
    by Ikeoluwa Juliana Ogungbangbe April 9, 2024

    DisCos in Nigeria ordered to establish online platforms for verifying electricity status after tariff hike announcement, ensuring transparency amid rate revisions.

  • In the News

    Nigeria Triples Power Tariffs Amid Subsidy Cut

    by Motoni Olodun April 4, 2024
    by Motoni Olodun April 4, 2024

    In a move that has sent shockwaves through the nation, Nigeria’s electricity regulator has approved a significant increase in tariffs for the country’s higher-consuming customers. This decision comes as the …

  • Oil & Gas

    Nigeria’s Petrol Price Remains Lowest in West Africa Despite Naira Devaluation

    by Motoni Olodun February 20, 2024
    by Motoni Olodun February 20, 2024

    Nigeria, Africa’s largest oil producer, has the cheapest petrol price in West Africa, even after the recent devaluation of its currency, the naira, against the US dollar. According to data …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

5 Reasons Nigeria’s New Deepwater Deal With TotalEnergies Matters
WinGD Becomes First Engine Maker to Join Methane Abatement Drive in LNG Shipping

Latest Stories

5 Reasons Nigeria’s New Deepwater Deal With TotalEnergies Matters
WinGD Becomes First Engine Maker to Join Methane Abatement...
Delek, Eni Raise $143 Million From Ithaca Energy Share...

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