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.
Federal Government secures $500 million from African Development Bank to finance energy transition and economic governance reforms. Learn how this impacts Nigeria's development.
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 pledges increased oil exports to Serbia as US sanctions threaten refinery shutdown. Learn how this energy crisis impacts Balkan stability and payment systems.
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.
Italian fashion giant Ermenegildo Zegna announces leadership transition as Gildo Zegna hands CEO role to finance director. Stock falls amid changes.
The European Union has mobilised €15.5 billion to accelerate Africa's clean energy transition, promising electricity for millions and sustainable industrial growth.
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 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 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.
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.
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.
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.
JMG Limited commissions solar power system at Ketu Primary Healthcare Centre, ensuring uninterrupted electricity for life-saving medical procedures in Lagos.
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 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.
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.
Ukrainian President Zelensky vows complete overhaul of state energy companies after $100 million corruption scandal. Read about the resignations and reforms.
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.
Data scientist Daniel Ezekiel reveals how integrating solar technology with data analytics can solve Nigeria's electricity crisis. Discover the potential for energy independence.
US Senator Sheldon Whitehouse claims Trump's policies are causing America to fall behind China in solar, wind, and EV technologies. Read the full analysis.
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's energy and justice ministers resign amid major corruption scandal involving $100M kickback scheme. Read how this affects EU membership bid.
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.
Warren Buffett confirms he will step down as Berkshire Hathaway CEO at year's end but will retain a significant stake. Read about the leadership transition.
Ogun State partners with European Union to deploy solar energy systems across healthcare facilities, ensuring uninterrupted power and improved medical services in rural communities.
Industry leaders reveal how Africa's shift to sustainable energy could unlock $2.2 trillion in economic benefits while solving transportation and power challenges.
In a strategic move to accelerate growth, Matrix Energy Group has announced the appointment of Chukwunonso Umunna as Group Deputy Managing Director, bringing over 15 years of energy sector expertise to drive the company's expansion agenda across Nigeria a
Nigeria is strategically positioning itself to attract massive climate investments at COP30, showcasing ambitious green initiatives and renewable energy projects to become West Africa's climate frontrunner.
Lagos State is set to unveil a groundbreaking biogas facility that will transform 500kg of fruit waste into clean, renewable energy daily, tackling both waste management and power challenges.
LG Electronics partners with Nigerian government to deploy 300 solar-powered boreholes across rural communities, addressing water scarcity with sustainable technology solutions.