Category : Search result: Nigerian energy transition


$5B Africa Energy Bank HQ Complete in Abuja

Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.

Africa's $90B Debt Crisis Blocks Climate Action

African countries spent $90B on debt servicing in 2024 while climate finance falls short. G20 summit must deliver debt relief to unlock Africa's green transition and global climate security.

Dangote Refinery Saves Nigeria N10bn Yearly

Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.

Akume: Africa Must Lead Tech Energy Revolution

SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.

MMC 7.0: Energy Leaders Converge in Lagos

Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.

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.

IEI Appoints Dr Joyce Odiachi as Acting MD

International Energy Insurance Plc announces a major leadership transition. Dr Joyce Odiachi steps in as Acting MD following Olasupo Sogelola's resignation. Discover the company's next growth phase.

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.

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.

Manufacturers Spend N676.6bn on Power Generators

Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.

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.

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