Category : Search result: energy market

UK Shifts Stance: New North Sea Oil and Gas Drilling Permits Issued

UK Allows New Oil and Gas Drilling in North Sea

Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.

Makinde Commissions 4th Ultramodern Market in Oyo State

Makinde opens 4th ultramodern market in Oyo

Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.

Nigerian Stock Market Crash: Investors Lose N2.1 Trillion in One Week

Nigerian Stock Market Loses N2.1 Trillion

Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.

Edo Market Women Protest Eviction Over Renovation Plans

Edo Market Women Protest Planned Eviction

Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.

Africa Gets Just 2.3% of $2.4trn Global Renewable Energy Investment

Africa Receives Only 2.3% of $2.4trn Clean Energy Funds

Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.

Ukraine Secures US LNG Deal with Greece to Replace Russian Gas by 2027

Ukraine-Greece Energy Deal Boosts US LNG Imports

Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.

Nigerian Equities Lose N1.5 Trillion on Capital Gains Tax Fears

Stock Market Dips 1.7% on Tax Jitters

The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.

Lagos SMEs Drive Solar Shift with New Financing for Clean Energy

Lagos SMEs Adopt Solar with New Financing

Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.

Naira Surges: British Pound Crashes Below N2,000 in Nigerian Markets

Naira Gains as Pound Sterling Falls Below N2,000 Mark

Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.

Africa's Energy Revolution: Unlocking Billions in Mobility & Power Opportunities

Africa's $2.2T Energy Mobility Revolution

Industry leaders reveal how Africa's shift to sustainable energy could unlock $2.2 trillion in economic benefits while solving transportation and power challenges.

Matrix Energy Group Appoints Chukwunonso Umunna as Deputy Managing Director to Spearhead Strategic Expansion

Matrix Energy Appoints Umunna as Group DMD

In a strategic move to accelerate growth, Matrix Energy Group has announced the appointment of Chukwunonso Umunna as Group Deputy Managing Director, bringing over 15 years of energy sector expertise to drive the company's expansion agenda across Nigeria a

Nigerian Stock Market Plunges: Investors Lose Billions as Economic Worries Intensify

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

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