EU to Ban All Russian Gas Imports by Autumn 2027
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
Category : Search result: energy sector transformation
High Energy Costs Threaten Nigerian Manufacturing - FG
The Federal Government warns that energy costs now consume 40-60% of manufacturers' expenses, eroding Nigeria's industrial edge. Minister John Owan Enoh calls for urgent action. Read more.
Nigeria's Economy Grows 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.
Expert Calls for Urgent Reforms in Nigeria's Energy Sector
Dr. Chinedu Ogwus calls for science-driven reforms in Nigeria's energy sector, highlighting a $28bn annual loss and unreliable power for 70 million citizens. Discover the roadmap for change.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
Akume: Africa Must Lead Tech Energy Revolution
SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.
Nigeria's Petrol Consumption Hits 56.74M Litres Daily
New data reveals Nigeria consumed 56.74 million litres of petrol daily in October 2025, with Dangote Refinery producing 18.03 million litres. Discover the full energy consumption breakdown.
Legal Battle: Lawyer Represents Both FBN and NUPRC
Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.
$2bn Power Investments Flow into Nigeria After Reforms
Nigeria attracts over $2 billion in energy investments due to Electricity Act 2023 reforms. Minister Adelabu reveals decentralized power market driving investor confidence nationwide.
MMC 7.0: Energy Leaders Converge in Lagos
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.
Smart Tech Can Fast-Track Nigeria's Growth - Adeleke
Nigerian scholar Olaoluwa Adeleke reveals how renewable energy and digital technologies can help Nigeria skip decades of slow infrastructure growth and build smart, resilient cities.
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.
Komolafe's Energy Reforms Win Top Commendation
NUPRC's Gbenga Komolafe receives high praise for transforming Nigeria's oil sector through transparency and regulatory reforms that boosted investor confidence.
Tunji-Ojo: Tech Drives National Success
Minister of Interior, Dr. Olubunmi Tunji-Ojo, champions technology as essential for national progress, highlighting digital reforms in passport processing and border security.
Hungary increases oil shipments to Serbia amid sanctions
Hungary pledges increased oil exports to Serbia as US sanctions threaten refinery shutdown. Learn how this energy crisis impacts Balkan stability and payment systems.
UK Budget 2025: Energy Bill Relief Hope for Businesses
As UK prepares budget announcement, pub owners and households hope for cost-of-living relief from high energy bills. Discover the impact on businesses and potential solutions.
EU leads €15.5bn clean energy campaign in Africa
The European Union has mobilised €15.5 billion to accelerate Africa's clean energy transition, promising electricity for millions and sustainable industrial growth.
LONTOR Invests N1.2b in Nigeria's Sustainable Energy Drive
LONTOR Hi-Tech commits N1.2 billion to boost solar energy and smart living in Nigeria. Discover their new Wuling Bus Partnership Programme for nationwide growth.
Stakeholders Seek Urgent Fix for Nigeria's Power Grid
Industry leaders warn Nigeria's power infrastructure needs immediate upgrade as states decentralize electricity market. Regulatory harmony and investment crucial for energy stability.
Reps Launch Probe Into Power Sector Failures
The House of Representatives vows to fix Nigeria's electricity crisis, launching a major investigation into 17 years of sector failures and proposing a new bill to combat energy theft.
FG Commends Schneider Electric on Power Sector Reforms
Federal Government applauds Schneider Electric's 25-year contribution to Nigeria's power sector through energy efficiency and digital automation. Discover how this partnership drives sustainable growth.
Nigeria to earn $1bn from electricity exports
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
NASS Intensifies Bill to Combat Energy Theft in Nigeria
The National Assembly is strengthening a bill with stricter penalties to tackle energy theft and help DisCos recover huge government debts, boosting Nigeria's power sector. Read more.
Reps Probe 17 Years of Power Sector Investments
Nigerian House of Representatives launches a full-scale investigation into all power sector investments and reforms from 2007 to 2024, vowing to correct 17 years of failure.
Top DisCos Collect ₦565bn in Electricity Bills
NERC report reveals Eko, Ikeja, and Abuja DisCos recorded highest bill collection rates in Q2 2025. Customers paid ₦565 billion amid metering challenges.
Midwestern Oil Names First Female CEO
Midwestern Oil and Gas makes history by appointing Engr. Elozino Olaniyan as its first female CEO. With 30+ years experience, she will drive governance reforms and sustainable growth in Nigeria's energy sector.
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-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.
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