Energy

AEC, Rural Electrification Agency Signs MoU to Expand Access to Clean Energy in Underserved Nigerian Communities

AEC, Rural Electrification Agency Signs MoU to Expand Access to Clean Energy in Underserved Nigerian Communities

The African Energy Council (AEC) has signed a Memorandum of Understanding (MoU) with Nigeria’s Rural Electrification Agency (REA) to work… Read More

2 days ago

Oil Prices Dip Below $68 as US Tariff Threat, Tensions Rattle Markets

Crude prices fell below $68 a barrel on Monday, as global markets braced themselves for the economic fallout of imminent… Read More

1 week ago

Nigeria’s Power Generation Hits 10,304.47GWh in Q1 2025 – NERC

Nigeria’s electricity generation rose to 10,304.47GWh in Q1 2025, marking a 10.92% increase from 9,289.95GWh in Q4 2024, according to… Read More

2 weeks ago

Uganda to Build $4billion Oil Refinery

Uganda is set to build a domestic refinery worth $4billion in partnership with a UAE-based company, EACOP, to complement its… Read More

2 weeks ago

Geregu Power Plc Approves Q2 2025 Financials, Appoints Legal Veteran Andrew Gamble as Independent Director

Geregu Power Plc has announced key outcomes from its board meeting held on July 11, 2025, including the approval of… Read More

3 weeks ago

Oil Prices Rise as UAE Increases Demand Amid Red Sea Attacks

Oil prices edged higher for a third consecutive session on Tuesday, buoyed by strong demand signals from the United Arab… Read More

3 weeks ago

Segun Ajayi-Kadiri Urges Govt to Sell Warri, Port Harcourt, Kaduna Refineries to Private Sector

In a bold call to action, Segun Ajayi-Kadiri, Director General of the Manufacturers Association of Nigeria (MAN), has urged the… Read More

1 month ago

World Bank and IAEA Join Forces to Advance Nuclear Energy Use in Developing Countries

The World Bank Group and the International Atomic Energy Agency (IAEA) have forged a landmark agreement to promote the safe,… Read More

1 month ago

Abuja Power Outage: Technical Fault Leaves Utako, Jabi, Wuye in Darkness

A sudden power outage has struck three key communities in Nigeria’s Federal Capital Territory (FCT), plunging residents into darkness. The… Read More

1 month ago

Scatec ASA Enters Into 25 Year PPA With With Egyptian Electricity Transmission Company For 900 MW Onshore Wind Project

Scatec ASA has entered into a 25-year, USD-denominated Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for… Read More

2 months ago