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Clean Energy Transition Advances With N2bn Solar Financing By Bank, Pay TV
Sterling Bank and StarTimes Nigeria have unveiled Sterling Solar Financing Hubs inside StarTimes retail outlets. This initiative embeds on-the-spot solar financing at the point of purchase, with a joint target of reaching N2 billion in renewable energy financing by the end of 2026. The initiative builds on an existing partnership that has already facilitated
Dangote Refinery $4.43bn Crude Import Signals Failure Of Naira-Crude Initiative – Expert
The sustained import of about 39.9 million barrels of crude at a combined cost of approximately $4.43 billion in May and June by Dangote refinery is an indication of Nigeria’s crude-for-naira policy failure. Oil and gas expert and public affairs analyst, Victor Udoh, while speaking to the policy uncertainties argued that the Dangote Petroleum Refinery […]
Africa Records Anti-Corruption Improvement—Report
Africa’s anti-corruption performance improved overall since 2020, although results vary sharply across countries, a new study has shown. This is contained in the latest report published by the Mo Ibrahim Foundation. Titled “Anti-Corruption: From Decline to Recovery,” the report assesses the effectiveness of anti-corruption frameworks in government, public ad
Group Tasks Tinubu, National Assembly On Abuja Original Inhabitants’ Rights Law
The Network of Journalists on Indigenous Issues (NEJII) has asked President Bola Ahmed Tinubu and the National Assembly to work for a law that promotes the economic and cultural rights of Abuja’s original inhabitants. At a media conference in Lagos, NEJII said the Abuja first nations, comprising eight ethnic nationalities, have faced historical injustice tha
Strait Of Hormuz Disruptions Threaten Global Energy Outlook
Global energy outlook appears significantly threatened as vessel transits through the Strait of Hormuz remained low from July 10-12 due to heightened regional security risks, with Iran declaring the strait closed amid US military activity, impacting global energy flows. According to S&P Global MINT and S&P Global Commodities at Sea data, regional security ri
IPPG Calls For Coordinated Reforms To Make Nigeria’s Oil Industry Globally Competitive
The Independent Petroleum Producers Group (IPPG) has called for bold, coordinated reforms to reposition Nigeria’s oil and gas industry from a resource-driven economy to a globally competitive hub for industrial growth and national prosperity. Speaking at the opening of the 25th NOG Energy Week in Abuja, IPPG Chairman, Adegbite Falade, commended the federal g
AEC Seeks Interconnected African Electricity Market Amid Persistent Grid Failures
The African Energy Chamber (AEC) has called for concerted efforts to develop interconnected electricity market for Africa to enable the continent achieve its industrial potentials. The Chamber sees constant grid systems struggle to keep pace with rapidly expanding supply pipelines and rising demand as big challenge to sustain investment opportunities. Accord
Nigeria’s First FLNG Development Peaks As UTM Offshore Set For September FID
Nigeria is proceeding towards expanding Liquified Natural Gas (LNG) infrastructure as UTM Offshore said it is aiming to take a final investment decision in September. This project is expected to become Nigeria’s first Floating Liquified Natural Gas (FLNG) project that will mark a key step for a development the company says could unlock stranded offshore […]
Nigeria NLG Receives Operational Excellence Award At NOG 2026
Nigeria LNG Limited (NLNG) has been rewarded with the Energy Awards 2026 Operational Excellence Award at the 25th anniversary edition of NOG Energy Week, reaffirming the company’s commitment to safe, reliable and efficient operations which continue to set benchmarks across Nigeria’s energy industry. The award recognises organisations that demonstrate outstan
NDPHC Commences Restoration Of 225MW Gbarain NIPP Plant, Targets Completion In 12 Months
The Niger Delta Power Holding Company (NDPHC) has officially commenced the restoration of the 225MW Gbarain National Integrated Power Project (NIPP) in Bayelsa State, formally handing over the power plant to the Original Equipment Manufacturer (OEM), Schneider Electric/TILT Energy, for the commencement of rehabilitation works. The development marks another m