Nigeria and Germany Sign €20 Million Deal to Boost Renewable Energy In a significant step toward Nigeria’s clean energy future, the Federal Government has entered into a €20 million agreement with the German government to accelerate the country’s energy transition and promote the development of renewable energy. The agreement, finalized on Wednesday, was officially…
Gas Turbine Experts to Convene in Abuja for High-Impact Asset Management Conference Driving Africa’s Energy Future The 2025 Gas Turbine Asset Management Conference, organized by Thomassen Energy in partnership with PE Energy, is set to take place from June 23 to 24 at the Continental Hotel, Abuja. Themed “Unleashing Value: Innovative Asset Strategies for a…
Marketers Turn to Foreign Traders as Petrol Prices Remain High Petroleum marketers in Nigeria have begun talks with international fuel traders to import cheaper Premium Motor Spirit (PMS), in a bid to stay competitive amid fluctuating local prices. This development comes as pressure mounts on the Dangote Petroleum Refinery to reduce its ex-depot price, which…
Aba Power, Partners to Assemble Smart Meters in Abia, Create 35,000 Jobs Aba Power, Nigeria’s newest electricity distribution company, is teaming up with four local and international firms to begin the assembly of smart electricity meters in Aba, the commercial hub of Abia State. This move is expected to significantly boost employment and technology transfer…
Power Sector, Public Agencies Lagging in Digital Adoption – NESG The Chief Executive Officer of the Nigerian Economic Summit Group, Tayo Aduloju, has raised concerns about the slow pace of digital adoption among electricity distribution companies and government agencies in Nigeria. He made these remarks on Tuesday in Lagos during a biennial lecture hosted by…
Shell CEO Cautions on Mounting Middle East Tensions, Warns of Disruption Risks to Global Energy Supply Shell’s Chief Executive Officer, Wael Sawan, has raised fresh concerns over the escalating geopolitical tensions in the Middle East, warning that growing hostilities between Israel and Iran could trigger serious disruptions to global energy supply chains. Speaking at an…
NERC Sets December 2025 Deadline for GenCos to Join National SCADA System The Nigerian Electricity Regulatory Commission (NERC) has issued a sweeping directive mandating that all grid-connected electricity generation companies (GenCos) must integrate fully with the country’s Supervisory Control and Data Acquisition (SCADA) and Energy Management System (EMS) by December 31, 2025. Failure to comply…
Oyetola Launches Nigeria’s Campaign for IMO Council Re-election in London Nigeria has officially launched its bid for re-election into the International Maritime Organization (IMO) Council under Category C for the 2026–2027 biennium. The campaign flag-off was led by the Minister of Marine and Blue Economy, Adegboyega Oyetola, during the 110th Session of the Maritime Safety…
NNPC Ltd. Partners with Baker Hughes to Boost Nigeria’s Oil and Gas Sector The Nigerian National Petroleum Company Limited (NNPC Ltd.) is strengthening its drive for increased crude oil and gas production through a strategic collaboration with global energy technology firm, Baker Hughes. The Group Chief Executive Officer of NNPC Ltd., Mr. Bayo Ojulari, revealed…
TotalEnergies to Restart $20 Billion Mozambique LNG Project by Summer 2025 Patrick Pouyanné, Chief Executive Officer of TotalEnergies, has confirmed that development of the company’s $20 billion Mozambique Liquefied Natural Gas (LNG) project is set to resume this summer. The announcement was made during a session at the Japan Energy Summit in Tokyo. The project,…
