• February 5, 2025
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PE Energy Accelerates Nigeria’s Methane Reduction Drive With Tech

PE Energy Accelerates Nigeria’s Methane Reduction Drive With Tech

February 4, 2025

PE Energy, a subsidiary of PANA Holdings, has reaffirmed its commitment to supporting Nigeria’s efforts to eliminate routine gas flaring and reduce methane emissions, in alignment with global climate commitments and regulatory frameworks. At COP28 in the UAE, President Bola Ahmed Tinubu underscored Nigeria’s determination to tackle methane emissions, a potent greenhouse gas that constitutes […]Read More

NUPRC to Deny Crude Oil Export Permits for Non-Compliance with Domestic Refining Obligations

NUPRC to Deny Crude Oil Export Permits for Non-Compliance with

February 3, 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a stern warning to oil companies, stating that it will deny export permits for crude oil cargoes intended for domestic refining if they fail to meet their domestic crude supply obligations. This announcement was made by Gbenga Komolafe, the Commission’s Chief Executive, in a statement released […]Read More

Nigeria Plans 65% Electricity Tariff Hike to Reflect Real Costs, Says Verheijen

Nigeria Plans 65% Electricity Tariff Hike to Reflect Real Costs,

February 2, 2025

The Nigerian government has indicated that electricity tariffs may need to increase by over 65% for some consumers to align with the actual cost of power production. Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, told Bloomberg that power tariffs in Nigeria must rise by approximately two-thirds for many users to reflect the […]Read More

BREAKING: Dangote Refinery Reduces Petrol Price To N890/Litre

BREAKING: Dangote Refinery Reduces Petrol Price To N890/Litre

February 1, 2025

Dangote Petroleum Refinery has reduced the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday, 1st February 2025. The company made this known in a release signed by Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Group, and published on it X (formerly […]Read More

SustyVibes Launches Naija CookWise Campaign To Promote Clean Cooking For 1 Million Nigerians

SustyVibes Launches Naija CookWise Campaign To Promote Clean Cooking For

January 31, 2025

SustyVibes, a youth-led organisation making sustainability actionable and relatable for young Africans, has launched the Naija CookWise campaign to promote the adoption of cleaner cooking fuels among one million women and youth in Nigeria.  The campaign, supported by the Urban Movement Innovation Fund, aims to raise awareness of the dangers of traditional cooking methods, highlight […]Read More

NNPC Launch Five Mini-LNG Plants in Ajaokuta

NNPC Launch Five Mini-LNG Plants in Ajaokuta

January 30, 2025

The Nigerian National Petroleum Company (NNPC) Limited have launched five mini-Liquiefied Natural Gas (LNG) Plants in Ajaokuta, Kogi State. The Plants, launched alongside partners, have a combined capacity of 97 million standard cubic feet of gas per day (mmscf/d). NNPC stated that this furthers its efforts to deepen domestic gas utilisation, in line with the […]Read More

Nigeria Secures $1.1 Billion AfDB Funding to Power 5 Million People by 2026

Nigeria Secures $1.1 Billion AfDB Funding to Power 5 Million

January 29, 2025

President Bola Tinubu has confirmed the approval of a $1.1 billion fund from the African Development Bank (AfDB) to provide electricity to 5 million Nigerians by the end of 2026. In addition, Tinubu highlighted the AfDB’s $200 million Nigeria Electrification Project. This aims to provide electricity to 500,000 people by the end of 2025. Bayo […]Read More

Islamic Trade Launches New Environmental, Social Policy to Drive Sustainable Trade

Islamic Trade Launches New Environmental, Social Policy to Drive Sustainable

January 28, 2025

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has unveiled its new Environmental and Social (ES) policy. This policy reinforces ITFC’s commitment to embedding sustainable practices across its trade finance operations, recognizing the essential role trade finance and trade development can play in mitigating climate change and […]Read More

Ezra Group Powers Ahead with Renewable Energy in South Sudan

Ezra Group Powers Ahead with Renewable Energy in South Sudan

January 28, 2025

Juba – South Sudan celebrates its first major renewable energy project, marking a milestone in its transition to sustainable power. The Ezra Group, a leading business conglomerate, announced the successful launch of the 20-Megawatt (MW) solar power plant and the 14-Megawatt (MWh) Battery Energy Storage System (BESS) in South Sudan. Developed and financed in-house by […]Read More

EU Solar Energy Surpasses Coal in 2024, First Time Ever

EU Solar Energy Surpasses Coal in 2024, First Time Ever

January 27, 2025

A recent report reveals that the European Union (EU) has achieved a significant milestone in its decarbonisation efforts. For the first time in 2024, solar energy surpassed coal as a primary source of electricity in the EU’s energy mix. Solar power also emerged as the fastest-growing energy source in the region. This development highlights Europe’s […]Read More

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