Nigeria

Nigeria has 53 large-scale solar projects worth $11 billion currently underway as the country targets 209,000 megawatts of solar capacity by 2050.

Nigeria exported N85.7 billion worth of solar panels to the United States, Burkina Faso, India, Indonesia and Ghana in the first quarter of 2026.

Tony Elumelu’s Heirs Energies has launched a tree-planting initiative along its Agbada gas corridor in Rivers State as part of its sustainability agenda.

Ikogosi Warm Springs Resort has saved N513 million in energy costs after a $200,000 solar investment cut the facility’s diesel dependence significantly.

Nigerian independent oil producers have doubled their share of national output over a decade, growing from 12 percent to 27 percent, Wood Mackenzie data shows.

Energia Limited has appointed Tai Oshisanya, widely recognized as Nigeria’s first female CFO of an international oil and gas company, to its board.

Daystar Power and Sterling Bank have launched a financing model that lets Nigerian businesses switch to solar energy without heavy upfront costs.

Nigeria’s upstream oil regulator and nuclear authority are merging their regulatory frameworks to cut compliance costs and strengthen radiological safety across the sector.

Tony Elumelu’s Heirs Energies has won a global finance award in London for the $750 million deal that transformed Nigeria’s OML 17 oil block.

Nigeria’s upstream oil regulator has called on banks to take a more active role in funding gas development and unlocking upstream investment opportunities.