AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
Category : Search result: Nigeria energy transition
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
West Africa Demands Stronger Social Protection Systems
West African leaders unite to demand urgent implementation of social protection frameworks and fair green transition policies. Learn how this affects workers across the region.
Nigeria gets $500m AfDB loan for energy transition
Federal Government secures $500 million from African Development Bank to finance energy transition and economic governance reforms. Learn how this impacts Nigeria's development.
UK Allows New Oil and Gas Drilling in North Sea
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
Hungary increases oil shipments to Serbia amid sanctions
Hungary pledges increased oil exports to Serbia as US sanctions threaten refinery shutdown. Learn how this energy crisis impacts Balkan stability and payment systems.
Cross River, REA Partner to End Rural Power Blackouts
Cross River State and REA launch aggressive clean energy expansion to tackle electricity crisis affecting 15 local councils. Governor Otu reveals only 3 areas have consistent power.
UK Budget 2025: Energy Bill Relief Hope for Businesses
As UK prepares budget announcement, pub owners and households hope for cost-of-living relief from high energy bills. Discover the impact on businesses and potential solutions.
NNPC Posts N5.4trn Profit, Reveals $60bn Investment Plan
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
Zegna CEO Steps Down After Two Decades
Italian fashion giant Ermenegildo Zegna announces leadership transition as Gildo Zegna hands CEO role to finance director. Stock falls amid changes.
EU leads €15.5bn clean energy campaign in Africa
The European Union has mobilised €15.5 billion to accelerate Africa's clean energy transition, promising electricity for millions and sustainable industrial growth.
COP30 Delivers Climate Finance Boost, Skips Fossil Fuel Plan
COP30 concludes with $1.3 trillion annual climate finance target by 2035 but fails to adopt fossil fuel transition roadmap. Key outcomes include adaptation funding tripling and just transition mechanism.
COP30: $1.3 Trillion Climate Finance Deal Reached
COP30 concludes with historic $1.3 trillion annual climate finance commitment by 2035, but fails to deliver fossil fuels transition roadmap. Key outcomes for Nigeria analyzed.
LONTOR Invests N1.2b in Nigeria's Sustainable Energy Drive
LONTOR Hi-Tech commits N1.2 billion to boost solar energy and smart living in Nigeria. Discover their new Wuling Bus Partnership Programme for nationwide growth.
REA launches 6MW mini-grid for Kano university, hospital
Rural Electrification Agency delivers 6MW hybrid mini-grid to Bayero University Kano and 1.5MW solar project to Orthopaedic Hospital, enhancing education and healthcare services.
FG Commends Schneider Electric on Power Sector Reforms
Federal Government applauds Schneider Electric's 25-year contribution to Nigeria's power sector through energy efficiency and digital automation. Discover how this partnership drives sustainable growth.
Niger Delta Demands Urgent Oil Spill Remediation
Stakeholders urge the Federal Government to immediately remediate Niger Delta oil spills, enabling a return to agriculture and economic diversification ahead of the global energy transition.
COP30: Urgent Call to Accelerate Paris Agreement
At COP30 in Brazil, UN and global leaders issue a stark warning: the Paris Agreement is lagging behind the climate crisis. They demand immediate, tangible action for a faster energy transition.
Midwestern Oil Names First Female CEO
Midwestern Oil and Gas makes history by appointing Engr. Elozino Olaniyan as its first female CEO. With 30+ years experience, she will drive governance reforms and sustainable growth in Nigeria's energy sector.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
Ukraine-Greece Energy Deal Boosts US LNG Imports
Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.
Nigeria Plans 500 CNG Stations via Gas Fund
Federal Government confirms 500 CNG stations will be built across Nigeria using MDGIF funds. Project aims to support one million CNG vehicles by 2027, reducing petrol dependence.
Zelensky overhauls Ukraine energy firms after scandal
Ukrainian President Zelensky vows complete overhaul of state energy companies after $100 million corruption scandal. Read about the resignations and reforms.
Lontor Launches New Solar Systems for Nigerian Market
Lontor High-tech has launched new solar energy storage systems and home appliances to tackle Nigeria's power challenges. Discover how these innovations aim to empower millions.
Solar Tech and Data Science Can Fix Nigeria's Power
Data scientist Daniel Ezekiel reveals how integrating solar technology with data analytics can solve Nigeria's electricity crisis. Discover the potential for energy independence.
Lagos SMEs Adopt Solar with New Financing
Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.
Ukraine Ministers Quit Over $100M Corruption Scandal
Ukraine's energy and justice ministers resign amid major corruption scandal involving $100M kickback scheme. Read how this affects EU membership bid.
Nigeria Sets December 1 for 2025 Oil Licensing Round
NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.
Renewables Outpace Fossil Fuels Despite US Policy
The IEA reports renewable energy is expanding faster than fossil fuels globally, with oil demand peaking around 2030. Discover the key trends shaping Nigeria's energy future.
Cooking Gas Prices Drop by Over N900 per Kg
Nigerians celebrate as cooking gas prices drop significantly, with marketers promising further reductions ahead of festive season. Major suppliers including NNPCL slash prices.
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