In a major stride toward enhancing sub-national energy markets and fostering impactful public-private collaboration, the Rural Electrification Agency (REA) is convening the REA–Yobe State Roundtable themed “Powering Yobe, Powering Growth: Unlocking Energy Access for Agriculture, Innovation, and Local Investment.” The…
Clean Power
ALDG Hosts Inaugural Business Forum, Emphasises Industry-Wide Collaboration to Strengthen Nigeria’s Gas Distribution Value Chain
L-R: Executive Secretary. Association of Local Distributors of Gas, (ALDG), Oga Adejo-Ogiri, Vice Chair, Starzs Gas Limited, Iroghama Ogbeifun, Executive Director , Gas, Power & Renewable Energy, A.Y.M Shafa Holdings, Engr. Teryima Toryila, Chairman, Association of Local Distributors of Gas…
REA Partners FCMB To Launch ₦100 Billion Financing Facility
In a landmark move to bolster electricity access for millions of Nigerians, the Rural Electrification Agency (REA) and First City Monument Bank (FCMB) earlier today, Thursday 19th June, 2025, at the bank’s head-quarters in Marina, Lagos, entered into a strategic…
Egypt: AfDB Approves $184.1 Million for Africa’s Largest Solar Energy and Battery Storage Project
Financing will be sourced from two specialized Bank Group funds and the Climate Investment Funds’ Clean Technology Fund The Board of Directors of the African Development Bank Group has approved a financing package of up to $184.1 million to support…
₦20 Million Fine, Zero Tolerance: Lagos Electricity Regulator Cracks Down on Unlicensed Operators
LASERC ends transition period, asserts regulatory authority with binding Order and strict penalties to sanitize electricity operations across Lagos State. The Lagos State Electricity Regulatory Commission (LASERC) has officially declared the start of full regulatory enforcement over electricity operations in…
Lagos Launches Africa’s Largest Climate Initiative With 80M Eco-Loans, 35M Jobs, $1B in Carbon Revenue
Lagos’ groundbreaking 80 Million Credit Float Project will deliver 80 million eco-loans, create 35 million green jobs, distribute 6 million free clean cookstoves, generate 1.2 million carbon credits worth over $1 billion, and plant 400 million economic trees—making it Africa’s…
NDPHC Boss: Power Sector Reform on Track Despite ₦600 Billion Debt Burden
The Managing Director of the Niger Delta Power Holding Company (NDPHC), Engr. Jennifer Adighije has stated that despite the enormous challenges facing Nigeria’s power sector — including a staggering ₦600 billion debt — her administration remains committed to supporting President…
Nasarawa State To Establish First Electric Vehicle Production Factory in Nigeria
The Nasarawa State Government says it will sustain efforts to utilise lithium resources in the state towards establishing the first electric vehicles factory in Nigeria. Gov. Abdullahi Sule stated this at an event organised by the Abdullahi Sule Gidan-Gidan Support…
Sterling Oil, Others Honoured at 2025 Nigeria ESG Summit Awards
Sterling Oil Exploration and Energy Production Company (SEEPCO) Ltd has been honored with the Outstanding Oil and Gas Company Award at the 2025 National Sustainability Achievements Awards, recognizing its industry-leading commitment to climate action, green innovation, and ESG excellence in Nigeria.
MEMAN: Over 250 Centers, $500 Investment – Nigeria’s CNG Push Gains Momentum
In under two years, Nigeria’s Presidential CNG Initiative has expanded from 23 to over 250 centers, attracted $500M in investments, and converted more than 40,000 vehicles to cleaner, cheaper fuel. Backed by robust policies and private sector response, this marks a pivotal shift in the nation’s energy transition.
