Energy

The United Nations Development Programme has signed a landmark agreement with Nigeria’s Rural Electrification Agency to accelerate the country’s clean...

The Federal Executive Council (FEC) has approved new funding packages to modernise power infrastructure across the country, in a bid...

Elektron Finance SPV Plc, the funding arm of Nigeria’s Elektron Energy Development Strategies Limited, has unveiled a N200 billion bond...

Oil prices dropped to their lowest level in a week following a decision by OPEC+ to implement a significant output...

The Federal Executive Council has approved ₦68.7 billion for critical electricity projects aimed at powering universities, teaching hospitals, and rural...

The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, surged to ₦1,037.66 per litre in June...

The African Development Bank (AfDB) has committed a $1.2 million grant to fund a feasibility study on Battery Energy Storage...

The Rural Electrification Agency (REA) has secured a $1.6 billion funding pipeline to scale up off-grid renewable energy projects across...

The House of Representatives Committee on Renewable Energy is drafting landmark legislation, the National Inclusive Green Jobs Act (NIGJA), to...

In a landmark move set to reshape Nigeria’s power sector, the Nigerian Electricity Regulatory Commission (NERC) has granted regulatory autonomy...