Energy
17 Jan
Nigeria is exploring options to increase crude oil production amidst challenges facing producing companies in the country. The Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the plan to ramp up production remains on course.
17 Jan
Africa’s geothermal sector will attract, at least, $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing energy demand.
17 Jan
Copper prices are poised for a remarkable surge of over 75 per cent in the coming two years as mining supply disruptions and escalating demand fuelled by the global shift towards renewable energy have created market disruption.
10 Jan
Stakeholders in the oil and gas sector have emphasised the need for Nigeria to prioritise downstream and midstream infrastructure for competitiveness.
10 Jan
Executive Chairman of the African Energy Chamber, NJ Ayuk, has called for sustained gas investment in Africa amidst the energy transition programme.
10 Jan
Skills gap in the Nigerian power sector and other African countries as well as rising changes in the global energy landscape may force Nigeria to take strategic steps in dealing with the situation, Executive Director, Corporate Services and head of Mainstream Energy Academi, Umar Usman, has said.
10 Jan
Nigeria is in a strategic move with leaders of the oil-producing region to douse security tension and ensure the safety of oil and gas infrastructure, especially pipeline assets.
3 Jan
The federal government has allocated N344 billion to the power sector in the 2024 budget, an increase of 43.9 per cent when compared with N239 billion it received last year.
3 Jan
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will, this year, prioritise the implementation of the Petroleum Industry Act (PIA) and ensure an increase in crude oil production.
3 Jan
Stakeholders have raised fresh concerns over the Nigerian government’s long-standing practice of subsidising electricity tariffs, insisting that it poses financial strain and that concerns about the unequal distribution of benefits may create more challenges in the sector.
27 Dec
Stakeholders in the Nigerian energy sector have said the country will need to address inherent challenges if the current projections of the energy transition are achieved.
27 Dec
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has asked oil companies to comply with regulations in the industry. This comes as the organisation expressed readiness to release seven new regulations for the smooth implementation...
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9 mins ago
The United Nation Industrial Development Organisation(UNIDO) in conjunction with the Energy Commission of Nigeria (ECN) and Oyakhilome foundation have reiterated the resolve to address epileptic power supply in the country.
17 mins ago
Niger State government has signed a 10-year Memorandum of Understanding (MoU) with Bayer AG on agricultural revolution to benefit two million farmers.
59 mins ago
Tech4her Africa on Thursday launched its DataDiva Project, an ambitious initiative aimed at equipping 5,000 female university students across Lagos and three other Southwest states in Nigeria with essential data science skills by 2026. The DataDiva project is an independent program organised to support the annual Women in Data Science (WiDS) Datathon held at Stanford…
2 hours ago
AIDS Healthcare Foundation (AHF), an NGO, on Thursday, trained women living with Human Immunodeficiency Virus (HIV) in the FCT, Abuja, on prevention of transmission of the virus to infants. The organisation’s Country Director, Dr Echey Ijezie, said during a one-day workshop for participants across the six area councils of the FCT, that the initiative is…
1 day ago
The New Nigeria People's Party (NNPP), on Thursday, declared its readiness for reconciliation with former members who have expressed a desire to rejoin the party. NNPP also debunked the claims made by some expelled individuals who announced the suspension of Governor Abba Kabir Yusuf of Kano State for attending the NNPP national convention. The Acting…
1 day ago
In response to disruptions sparked by recent haulage rate announcements for Eastern Ports, the Nigerian Shippers' Council (NSC) has agreed to schedule a stakeholder meeting to renegotiate the rates. This, according to NSC will serve as a platform where robust consultation and decisive action would be taken to ease the stress of port users. Emerging…
1 day ago
Nigeria's Tunde Onakoya has completed one full day in his attempt to break the Guinness World Record for longest Chess marathon in Times Square, United States. Onakoya is attempting to break the longest chess marathon which currently stands at 56 hours,nine minute and 37 seconds. The record was achieved by Hallvard Haug Flatebø and Sjur…
1 day ago
The Oyo State Government says it demolished the building belonging to the Yoruba Nation agitators in its capital, Ibadan, over alleged illegal and nefarious activities in the house.
1 day ago
Cryptocurrency exchange company, Binance said it is working very closely with the Nigerian government over its detained executive. The CEO of Binance, Richard Teng, disclosed this on Thursday with the company's head of financial crime compliance still in detention in Nigeria. The Nigerian government's Economic and Financial Crimes Commission (EFCC) is prosecuting Binance for laundering…