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Energy

Schneider Electric Introduces Solutions To Solve Nigeria’s Power Problems

April 19, 2022

In order to save Nigerians the stress of power disturbances and economic loss due to power problems, renowned electrical firm, Schneider Electric, has introduced smart power solutions that can easily adapt to the Nigerian environment. The motive behind the initiative is the resolve to mitigate the cost of power disturbances which is estimated at $29 … Continue reading Schneider Electric Introduces Solutions To Solve Nigeria’s Power Problems

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BUSINESS Energy

Nigeria’s 461 MW Azura-Edo Power Plant Gets New Investment

April 19, 2022

Nigeria’s first privately financed Independent Power Project, the Azura-Edo Power Plant, is getting new funding from Africa50, a pan-African investment group. This was confirmed in a press release put out by management at the IPP earlier this week. Read more about Business Located near Benin City, the Azura-Edo thermal power plant is one of several … Continue reading Nigeria’s 461 MW Azura-Edo Power Plant Gets New Investment

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Energy TECH

Renewable Energy: Meet 26-Year-Old Nigerian Who Designed A Generator That Runs On Water

April 19, 2022

Electricity is one of the major problems in this country. Residents are faced with an epileptic power supply which makes it unaffordable, others rely on generators which come at a cost without including the daily/weekly cost of running it on petrol or diesel. On the flip side, this has led to the global discussion on … Continue reading Renewable Energy: Meet 26-Year-Old Nigerian Who Designed A Generator That Runs On Water

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Energy

Top 5 Energy Saving Tips

April 19, 2022

Do you use a prepaid meter or are your electricity bills are estimated by an electric distribution company? Electricity bills, being a recurrent cost, is one that many people will want to save on. Reduction in energy consumption means you’ll pay less on bills, reduce your fuel consumption, and possibly reduce your impact on the … Continue reading Top 5 Energy Saving Tips

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Energy SPORTS

AITEO Salute Super Eagles, NFF

April 19, 2022

Leading energy giants and core sponsors of the Nigeria Football Federation, AITEO, showered praises on the Super Eagles and the NFF for their performance at the ongoing 2018 Russia FIFA World Cup. Aiteo maintained that despite their early exit from the competition, the Super Eagles held a united front and were not at all disgraced. … Continue reading AITEO Salute Super Eagles, NFF

By achem

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ECONOMY Energy

Weaning Nigeria Off Oil: Are We Moving Quickly Enough?

April 19, 2022

In January, Nigeria’s main foreign exchange earner got more expensive than it’s been in a long while, and government officials were rubbing their palms in glee. It was fantastic news after all; crude oil- or more specifically, the Bonny light crude, which Nigeria produces, hit the $70 per barrel mark, raising hopes that the Federal … Continue reading Weaning Nigeria Off Oil: Are We Moving Quickly Enough?

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Energy

Can Nuclear Energy Solve Nigeria’s Power Problem?

April 19, 2022

The Federal Government announced late in October that it had reached a deal with the Russian Nuclear Corporation, Rosatom, to build two nuclear power stations in the country. The basic reason for this didn’t have to be strenuously laid out: electricity supply in Nigeria is abysmal, and the nuclear power plants, when completed, would help … Continue reading Can Nuclear Energy Solve Nigeria’s Power Problem?

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Energy

Jigawa to Get 50 MW Solar Project

April 19, 2022

Renewable energy solutions providers Greenwish Partners and Oriental Renewable Solutions are partnering to deliver a 50 MW solar PV project in Jigawa State. The project is said to form part of a wider plan to diversify Nigeria’s energy mix. The Jigawa Solar project will, upon completion, have the capacity to generate 96 GWh per year. … Continue reading Jigawa to Get 50 MW Solar Project

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Energy

Lumos Global Raises Nigeria’s Largest Investment in the Solar Industry

April 19, 2022

In what appears to be a landmark move to reposition the solar industry in Nigeria, Africa, and the globe, Lumos Global, an off-grid solar firm operating in Nigeria has raised $90 million in fundraising, the industry’s largest every investment. Lumos Global seeks to transform the industry and in so doing millions of lives with this … Continue reading Lumos Global Raises Nigeria’s Largest Investment in the Solar Industry

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Energy

NLPGA’s Conference and Exhibition 2016: Experts Explore Opportunities for Nigeria’s LPG Industry

April 19, 2022

The Nigerian Liquefied Petroleum Gas Association (NLPGA) held its 6th annual conference and exhibition on Thursday, December 1, 2016. The conference, which took place at the Federal Palace Hotel in Victoria Island, Lagos, had in attendance key stakeholders in Nigeria’s gas industry. They discussed viable strategies for the LPG industry and deliberated on what practicable options … Continue reading NLPGA’s Conference and Exhibition 2016: Experts Explore Opportunities for Nigeria’s LPG Industry

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Energy

General Electric to Build 5 Solar Plants In Northern Nigeria

April 19, 2022

General Electric has signed an agreement with governors of Nigeria’s 19 northern states to build 5 new solar plants, which are expected to help improve power supply in that part of the country. A Memorandum of Understanding signed by the two parties yesterday at the Transcorp Hilton Hotel in Abuja, should provide the basis for … Continue reading General Electric to Build 5 Solar Plants In Northern Nigeria

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Energy

The NLPGA Conference and Exhibition to Hold on December 1, 2016

April 19, 2022

The annual NLPGA Conference and Exhibition is the foremost stakeholder forum for Nigeria’s LPG industry. The conference aims to bring fresh ideas about the technology and business of LPG to the fore, and provides the platform for stakeholders to deliberate on key issues affecting the industry. It is recognized as a key agenda setter for … Continue reading The NLPGA Conference and Exhibition to Hold on December 1, 2016

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Energy

Federal Government Plans to Increase Nigeria’s Power Supply by 1,459 MW from 20 Plants

April 19, 2022

The Federal Government of Nigeria has disclosed that the nation’s power generation could be getting a significant boost, starting from the end of 2017, when power projects currently in the works begin to come on stream. About 1,459 MW should be added to the national grid from 20 plants located in various parts of the … Continue reading Federal Government Plans to Increase Nigeria’s Power Supply by 1,459 MW from 20 Plants

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Energy

South Korean Firm to Build 550 Megawatt Power Plant in Cross River State

April 19, 2022

A gas-fired power station with the potential to supply 550 megawatts of electricity is on the cards for Cross River State. The South Korean firm, Kingline Integrated Power Development Limited, plans to build a power generating facility in the southern state, which upon completion, could go some way to reducing the immense energy supply gap the … Continue reading South Korean Firm to Build 550 Megawatt Power Plant in Cross River State

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Energy

BannerGas Unveils Door-To-Door LPG Delivery and Autogas Conversion

April 19, 2022

Nigeria’s need for cleaner and more efficient alternatives to traditional fuels has grown as its population has expanded. Energy consumption across the country has soared, even as concerns about the negative effects of the fuels used to satisfy domestic and industrial energy needs across the world increases. Banner Energy, an energy and power business development, … Continue reading BannerGas Unveils Door-To-Door LPG Delivery and Autogas Conversion

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Energy

BannerGas Introduces Its Door To Door Delivery Product and LPG Auto Conversion

April 19, 2022

Banner Energy Limited on Thursday, the 29th of September 2016, unveiled its BannerGas Franchise Retailers Scheme, a door-to-door delivery product range, along with its LPG Auto Conversion solutions, as well as the company image rebranding, at its maiden Franchise Dealers Conference held at Homegate Resort, Lekki Phase 1, Lagos. The BannerGas Franchise Retailers Scheme, which … Continue reading BannerGas Introduces Its Door To Door Delivery Product and LPG Auto Conversion

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ECONOMY Energy

World Bank Initiates Solar Energy Programme for Industry in Nigeria

April 19, 2022

An intervention by the World Bank through a large scale power initiative could see the burden of high energy costs borne by businesses in Nigeria being somewhat lightened. The global financial institution has revealed that it plans to introduce a solar energy program to cater for the power needs of industrial establishments in the country. … Continue reading World Bank Initiates Solar Energy Programme for Industry in Nigeria

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ECONOMY Energy Events

#PhotoSpeaks: 2015 NPLGA Exhibition and Conference

April 19, 2022

Photo highlights from the 2015 Nigeria LP Gas Conference which took place on December 2nd, 2015.         

By ify

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ECONOMY Energy News

Petroleum Contributed N1.942t to GDP in Q3 2015

April 19, 2022

According to a recent National Bureau of Statistics report, the oil and gas sector contributed a sum of N1.942 trillion to the nation’s Gross Domestic Product (GDP) in the third quarter of 2015, as reported by the Vanguard. The breakdown was as follows: Crude Petroleum and Natural Gas sub-sector accounted for N1.845 trillion, an increase from … Continue reading Petroleum Contributed N1.942t to GDP in Q3 2015

By ify

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Energy News

FG Announces Plans to Invest in Renewable Energy

April 19, 2022

The Federal Government is considering the use of alternative energy sources for electricity supply including renewable energy, The Nation news reports. This was announced by Vice President Yemi Osinbajo yesterday while receiving a delegation of the Nigeria Atomic Energy Commission (NAEC) led by its Director-General, Dr. Erepamo Osaisai, at the Presidential Villa,  Abuja. The pursuit … Continue reading FG Announces Plans to Invest in Renewable Energy

By ify

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BUSINESS ECONOMY Energy News

Nigeria Today: Top 10 News Stories You Shouldn’t Miss

April 19, 2022

1. President  Buhari and outgoing National Security Adviser Colonel Sambo Dasuki (rtd) met to discuss  security issues and the Boko Haram insurgency.  2. The new African Development Bank (AfDB) President and former Minister of Agriculture, Mr. Akinwunmi Adesina has vowed to eradicate poverty in Africa. 3. The National Electricity Regulatory Commission (NERC) has granted approval to a … Continue reading Nigeria Today: Top 10 News Stories You Shouldn’t Miss

By ify

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Energy

Union Bank of Nigeria Signs N4 Billion Agreement With Egboama Gas Plant

April 19, 2022

Union Bank of Nigeria Plc. have signed a N4 billion agreement to finance Egboama Gas Plant owned by PNG Gas Limited. A statement from the bank explained that the facility will provide the required funding for the refurbishment and upgrade of the gas plant located in Delta State. Commenting on the agreement, the Executive Director, … Continue reading Union Bank of Nigeria Signs N4 Billion Agreement With Egboama Gas Plant

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BUSINESS ECONOMY EDUCATION Energy News

Nigeria Today: Top Ten News Stories You Shouldn’t Miss

April 19, 2022

  1. The Federal Government claimed on Thursday that for the first time in Nigeria’s history, it was able to generate 4,600 megawatts of electricity. Before Thursday’s announcement, the country’s highest peak generated power was recorded on December 23, 2012 at 4,517. According to the government, the rise to 4,600MW is due to the various … Continue reading Nigeria Today: Top Ten News Stories You Shouldn’t Miss

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Energy News Transport

Airtel Nigeria Partners With Grameen Foundation, VAS2nets to Launch Mobile Health Services

April 19, 2022

  Leading communications services provider, Airtel Nigeria, has partnered with Grameen Foundation and VAS2nets Technologies Ltd to unveil two pertinent mobile health services tagged Mobile Midwife and Dial-a-Doctor. These services were developed in an effort to reduce infant and maternal mortality rate in Nigeria. Mobile Midwife is a mobile service designed to provide vital healthcare … Continue reading Airtel Nigeria Partners With Grameen Foundation, VAS2nets to Launch Mobile Health Services

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Energy Events

WAPIC Conference Set to Hold; Tony Elumelu to Speak on Ambition Regarding Power Generation in Nigeria

April 19, 2022

Chairman of Heirs Holdings and well known global business leader, Tony Elumelu has disclosed that his group, Heirs Holdings has the ambition to generate at least a quarter of Nigeria’s power consumption needs in the next five years. The group’s interests in the power sector lie at the Transcorp Ughelli Power, a gas-fired, thermal power … Continue reading WAPIC Conference Set to Hold; Tony Elumelu to Speak on Ambition Regarding Power Generation in Nigeria

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Energy Uncategorized

Fashola Advocates for Sustainable Energy in Nigeria

April 19, 2022

  Mr. Babatunde Raji Fashola, Governor, Lagos State has stated that if Nigeria’s current population of 160 million and the next generation of Nigerians are to have access to affordable energy options, the country must choose a path that will lead to a future of sustainable energy. In a recent speech delivered at the just-concluded … Continue reading Fashola Advocates for Sustainable Energy in Nigeria

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Energy News Uncategorized

Federal Government to Spend $1 Billion on Gas Supply

April 19, 2022

  Yesterday, the federal government said it would expend $1 billion to boost power supply across the country and ensure adequate gas supply. It said the funds would be sourced from the Niger Delta Power Holding Company (NDPHC) allocation, as well as the private sector providers.This was disclosed at the end of a stakeholders’ meeting … Continue reading Federal Government to Spend $1 Billion on Gas Supply

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Energy News Uncategorized

Power: Nigeria to Get N3.4 Billion Grant From European Union and Germany

April 19, 2022

  To boost Nigeria’s electricity generation, the European Union and the German government have made provisions for a grant of N3.4 billion to support Nigeria’s quest for renewable energy. The grant is to enable the country to have access to modern equipment and sustainable energy sources. The grant is to scale up the Nigerian Energy … Continue reading Power: Nigeria to Get N3.4 Billion Grant From European Union and Germany

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BUSINESS Energy Media News

Nigerian Electricity Regulatory Commission Fix New Electricity Tariff for N750

April 19, 2022

    The Nigerian Electricity Regulatory Commission has announced a N750 fixed charge. NERC Chairman, Dr. Sam Amadi, announced in Abuja that the new tariff would take effect from June 1 as provided for in the Multi-Year Tariff Order. He said that the MYTO provides for bi-annual reviews that take effect on June 1 and … Continue reading Nigerian Electricity Regulatory Commission Fix New Electricity Tariff for N750

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BUSINESS Energy News

Honeywell Group and USTDA Sign Grant Agreement to Aid N31 Billion Sagamu Power Plant Project

April 19, 2022

  Honeywell Group and United States Trade Development Agency (USTDA) have signed a Grant Agreement for a feasibility study. This will be in order to facilitate the completion of its proposed N31 billion Sagamu Independent Power Plant Project. The grant, which was signed by USTDA Director, Leocadia Zak and Honeywell Group’s Head of Corporate Development … Continue reading Honeywell Group and USTDA Sign Grant Agreement to Aid N31 Billion Sagamu Power Plant Project

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