Category : Search result: alternative energy cost


$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.

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.

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.

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.

Man Gets 16.9kwh for ₦2000 Under Band A Tariff

A Nigerian man's electricity receipt showing he received 16.90kwh for ₦2000 under Band A tariff goes viral, sparking reactions about possible price reductions or system glitches.

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.

Workers Urge Tinubu to Pay N35,000 Wage Arrears

Nigerian federal workers are urging President Tinubu to clear the outstanding three months of the N35,000 wage award, citing the rising cost of living. Read more on the payment delays.

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.

FG Suspends 15% Fuel Import Duty, Price Crash Looms

The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.

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