Energy

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

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

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

  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

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

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

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

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

Fashola Advocates for Sustainable Energy in Nigeria

  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

Federal Government to Spend $1 Billion on Gas Supply

  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

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

  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

Nigerian Electricity Regulatory Commission Fix New Electricity Tariff for N750

    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

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

  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,

Ikeja Electricity Distribution Company Starts Distribution of 6,000 Pre-paid Meters

  Ikeja Electricity Distribution Company, Ikeja Disco, has announced that it has commenced the installation of over 6,000 pre-paid meters within the zone. Speaking to News Agency of Nigeria, Pekun Adeyanju, Assistant General Manager, Public Affairs of Ikeja Disco, said

Dangote Group, Honeywell, others generate 15,000mw Captive Power

Dangote Group, Honeywell, BUA Group and other cement, food and beverage manufacturing plants across the country are generating over 15,000 megawatts of electricity that are not in the national grid. This was disclosed by the President and Chief Executive Officer

Power Generation Hits 4,105 Megawatts, Says Nigerian Government

The Nigerian government, yesterday, Wednesday, April 23, 2014, announced that the country’s generated power hit a record high of 4,105megawatts. According to a statement issued by the Special Assistant to the Minister of Power on Communications, Ms. Kande Daniel, the

Thirteen More SMART Turbines Sold in Nigeria

Smart Hydro Power recently signed a deal for thirteen additional kinetic water turbines in Nigeria, after the successful installation of two turbines at the end of 2013. This month, the third SMART turbine from the previous order in Nigeria

Experts List Ways to Accelerate Electricity Delivery to Lagos

Against the reported dwindling daily supply of electricity to Lagos State, experts and stakeholders in power, gas and related sectors have canvassed for significant improvement in the current gas supply across the country as one of the critical issues that

FCMB Commits $400m to Power Sector

Mr. Tolu Osinibi, Executive Director of First City Monument Bank (FCMB) Capital Market Limited, has announced the bank’s plan to spend about $400 million to Nigeria’s power sector financing. The ED made the announcement while speaking at the Power Investors’

Total Appoints First Female CEO

Mrs. Elisabeth Proust has been appointed Managing Director/Chief Executive of the Total upstream companies in Nigeria (Total E&P Nigeria Ltd, and other subsidiaries). This is the first female Managing Director in the over 50-years in the company’s history in Nigeria.

Latest stories

Energy

Featured Events

Discover upcoming events and opportunities across Nigeria.

More stories on

Energy

Most Popular

Previous
Next
Previous
Next

Most Popular

Previous
Next