Nigeria, one of the largest oil producers in Africa, is facing a potential threat to its oil revenue as the US shale oil industry is expected to rebound in 2023. …
Nigeria
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Energy TransitionIn the News
Nigeria’s Green Energy Revolution Gets $15 Million Boost from Global Alliance
Nigeria, Africa’s most populous country and largest economy is facing a dual challenge of providing reliable electricity to millions of its people and reducing its greenhouse gas emissions. The country …
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The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to complete the rehabilitation of the Port Harcourt refinery by the end of December 2023, amid mounting pressure and skepticism …
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Nigeria has taken a major step towards improving its power sector as President Bola Tinubu and the German Chancellor, Olaf Scholz, signed a landmark agreement on Friday in Dubai, United …
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Nigeria is set to produce cleaner and cheaper fuel from corn and sugarcane, thanks to a landmark partnership between the state-owned oil company and a local government. The project aims …
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Heirs Insurance offers N100,000 fuel vouchers in new promotion.
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Nigeria, Africa’s largest oil producer, is losing billions of dollars in gas royalties and penalties due to its persistent gas flaring problem, according to a recent report by the Nigerian …
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Nigeria has signed a memorandum of understanding (MoU) with Saudi Arabia to boost cooperation in the oil and gas sector. The MoU was signed at the Saudi-Arab-African Economic Conference in …
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GovernmentIn the News
How Europe’s Energy Crisis Boosts Nigeria’s Oil Exports Amid Russia-Ukraine War
The ongoing war between Russia and Ukraine has disrupted the global oil market, affecting Nigeria’s crude exports to Asia. However, Nigeria has also benefited from the increased demand from Europe, …
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Nigeria faces a major challenge of providing reliable and sustainable electricity to its growing population of over 200 million. According to the World Bank, only about 60% of Nigerians have …