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Nigeria

  • In the NewsMarkets

    Nigeria to Sell Five Power Plants for $1 Billion Amid Energy Crisis

    by Motoni Olodun January 25, 2024
    by Motoni Olodun January 25, 2024

    Nigeria’s government is planning to sell five power plants under the National Integrated Power Projects (NIPP) for about $1 billion, according to a report by BusinessDay. The move is part …

  • Oil & Gas

    Chevron Seeks to Boost Nigeria’s Oil and Gas Potential in Meeting with President Tinubu

    by Motoni Olodun January 24, 2024
    by Motoni Olodun January 24, 2024

    Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

  • Oil & Gas

    Nigeria’s Oil Boom Continues as Production Surges to 1.34 Million BPD

    by Motoni Olodun January 18, 2024
    by Motoni Olodun January 18, 2024

    Nigeria, Africa’s largest oil producer, has seen a significant boost in its crude oil output in December 2023, signaling improved earnings from the vital resource. According to the latest Monthly …

  • Energy Transition

    Nigeria’s Solar Power Breakthrough: How a New Project Could Light Up the Country

    by Motoni Olodun January 17, 2024
    by Motoni Olodun January 17, 2024

    Nigeria, Africa’s most populous nation and largest economy has long struggled with chronic power shortages that hamper its development and frustrate its citizens. But a new pilot project in Niger …

  • In the News

    Shell Exits Nigeria’s Onshore Oil After Century of Strife

    by Victor Adetimilehin January 17, 2024
    by Victor Adetimilehin January 17, 2024

    Shell, the British energy giant, has agreed to sell its onshore oil and gas business in Nigeria to a consortium of mostly local companies for up to $2.4 billion, ending …

  • In the News

    Nigeria’s Groundbreaking Dangote Oil Refinery Begins Operations, Aiming to Transform Fuel Production

    by Ikeoluwa Juliana Ogungbangbe January 15, 2024
    by Ikeoluwa Juliana Ogungbangbe January 15, 2024

    Africa’s richest individual, Aliko Dangote, marks the inauguration of Nigeria’s groundbreaking oil refinery, poised to redefine the nation’s energy self-sufficiency.

  • Oil & Gas

    Lagos Free Trade Zone Lands Multi-Million-Dollar Gas Project

    by Motoni Olodun January 11, 2024
    by Motoni Olodun January 11, 2024

    Lagos, Nigeria – The Lagos Free Trade Zone (LFTZ) has secured a major investment deal that will boost its industrial capacity and create new economic opportunities for the region. The …

  • Oil & Gas

    Shell Faces Legal Battle Over Niger Delta Oil Spill

    by Motoni Olodun January 7, 2024
    by Motoni Olodun January 7, 2024

    Oil giant Shell is facing a legal battle over an alleged oil spill in the Niger Delta that damaged waterways and farms. The company has appealed a court order to …

  • Oil & Gas

    Nigeria’s Fuel Crisis: How Oil Marketers Struggle to Import Petrol

    by Motoni Olodun January 4, 2024
    by Motoni Olodun January 4, 2024

    Nigeria, Africa’s largest oil producer, is facing a fuel crisis as oil marketers are unable to import petrol due to pricing and foreign exchange challenges. The situation has raised concerns …

  • Oil & Gas

    Nigeria’s Bold Plan to Boost Oil Production by 2026

    by Motoni Olodun January 2, 2024
    by Motoni Olodun January 2, 2024

    Nigeria, Africa’s largest oil producer and exporter, has announced an ambitious plan to increase its oil and condensate output to 2.6 million barrels per day (bpd) by 2026, up from …

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  • Kenya, Rwanda Sign Fuel Import Deal to Strengthen Supply

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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...
Nigeria’s Lithium And Copper Reserves Could Power Clean Energy...
KenGen More Than Triples Renewable Energy Target To 5,500...

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