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Nigeria

  • 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 …

  • In the News

    Nigeria’s Power Minister Seeks Gas Solution After National Blackout

    by Motoni Olodun February 5, 2024
    by Motoni Olodun February 5, 2024

    Nigeria’s Minister of Power, Adebayo Adelabu, has announced plans to collaborate with the Ministry of Petroleum Resources to boost gas supply to generation companies (GENCOs) for power generation. This comes …

  • Markets

    Shell’s Exit from Nigeria: A $2.4 Billion Deal in the Making

    by Motoni Olodun February 2, 2024
    by Motoni Olodun February 2, 2024

    Shell, one of the world’s largest energy companies, is close to finalizing the sale of its Nigerian onshore subsidiary, SPDC, to a local consortium for $2.4 billion. The deal, which …

  • Oil & Gas

    Dangote Refinery Breaks New Ground with US Crude Oil Purchase

    by Motoni Olodun January 30, 2024
    by Motoni Olodun January 30, 2024

    Nigeria’s Dangote refinery, the largest in Africa, has made history by importing crude oil from the US for the first time. The refinery is seen as a game-changer for Nigeria’s …

  • In the News

    Nigeria Faces Electricity Crisis: 4 in 10 Depend on Generators as Grid Falters

    by Adenike Adeodun January 26, 2024
    by Adenike Adeodun January 26, 2024

    In Nigeria, 40% rely on generators amid grid issues; renewable energy rises to meet growing electricity demand and challenges.

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Nigeria’s Oil Boom: Record Production in September 2023

Liberia To Host First International Mining And Energy Conference In October
Nigeria’s Lithium And Copper Reserves Could Power Clean Energy Future, Report Says

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Liberia To Host First International Mining And Energy Conference...
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