Energy
Call For Applications: The U.S. African Development Foundation (USADF) Off-grid Energy Challenge ( Grant Capital of Up to $250,000)
USADF is excited to request proposals for the USADF Off-Grid Energy Challenge. Proposals are invited from eligible African off-grid energy companies....
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Port Harcourt Refinery Begins Crude Oil Processing
The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has officially started processing crude oil, marking a significant milestone...
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NUPRC: Oil Reserves Drop By 50bn Barrels As Investments Decline
According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s oil reserves have declined by 50 billion barrels over...
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InfraCredit Secures $30 Million Investment to Drive Nigeria’s Clean Energy Transition
InfraCredit has secured a $30 million risk-sharing and blended local currency co-financing facility from the British International Investment (BII), the...
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NNPC Boosts Oil and Gas Output to 1.8 Million Barrels Per Day
The Nigerian National Petroleum Company Limited (NNPC Ltd) has increased crude oil production to 1.8 million barrels per day (mbpd)and...
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Nigeria’s Federal Government Partners with Private Sector to Address Power Supply Challenges with $10 Billion Investment Plan
The Nigerian federal government is intensifying efforts to resolve the country’s persistent electricity challenges by collaborating with the private sector...
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Nigeria Targets $10 Billion in Private Partnerships to Achieve 24-Hour Power Supply
The Nigerian federal government has announced plans to engage public-private partnerships (PPPs) to raise part of the $10 billion required...
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Nigeria Secures $1.2 billion Deal to Revitalize Gas Plant for Aluminum Smelting
Nigeria has entered a $1.2 billion agreement with China's state-owned CNCEC to revitalize a key gas processing facility supporting the...
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Access Bank and REAN Collaborate to Drive Affordable Renewable Energy in Nigeria
At the 2024 Renewable Energy Conference organized by the Renewable Energy Association of Nigeria (REAN), Access Bank and REAN emphasized...
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