Eterna Plc Opens N21.52bn Rights Issue
Eterna Plc has opened a N21.52 billion rights issue to fund its downstream expansion and strengthen its balance sheet. The offer closes on February 18, 2026. Read the full details.
Category : Search result: energy company expansion
Tinubu Hails Otedola, Elumelu for Landmark Energy Deals
Wale Tinubu commends Femi Otedola and Tony Elumelu for major transactions reshaping Nigeria's energy sector. Otedola's Geregu Power exit and Heirs Energies' Seplat stake acquisition signal strong investor confidence. Read more.
FG Sacks Director Over Fraudulent Road Certificates
Federal Government sanctions Ministry of Works director for issuing fake certificates, delays on Maraba-Keffi road. Contractor gets Feb 28, 2026 deadline. Read full details.
AlphaESS Opens Nigerian Subsidiary for Energy Transition
AlphaESS inaugurates its Nigerian subsidiary, committing to local support and long-term partnership to accelerate Nigeria's renewable energy transition. Learn about the new 'Shine 30·30·30' ESG initiative.
Energy Emerges as Decisive Factor in Global AI Race
The global AI race is pivoting from chips to energy. With data centres demanding massive power, reliable electricity is now the key advantage. See how the US, China, and Europe are positioned.
500 Youths Trained in Solar Energy, Unlock Market Opportunities
500 young Nigerians graduate from GreenWorks Africa's solar energy programme, gaining skills to tap into the multi-billion Naira clean energy market and tackle unemployment.
Lady Switches to Solar, No More Blackouts
Nsikak Effiong spent N800k on fuel before installing solar. She now enjoys 24/7 power, gave away her power bank, and says it's the best decision ever.
NIPCO to Boost Stake in Savannah Energy to 26.5%
Savannah Energy ends its share buyback, freeing £10m. NIPCO plans to increase its stake to 26.5% via secondary market deals. A new relationship agreement aims to protect minority shareholders. Read the full details.
Expert Calls for FG Action on Energy Efficiency Policies
Dr Romanus Osabohien urges Nigerian govt to implement energy efficiency policies to tackle insecurity, climate change & economic volatility. Read key insights from his new book launch.
NNPC Scores Zero in ICPC 2025 Anti-Corruption Assessment
Nigeria's NNPC scored zero in ICPC's 2025 Ethics and Integrity Scorecard, ranking last among 357 agencies. This shock result raises major governance concerns despite the oil company's recent profit announcements.
NNPC Profit Hits N5.4tn as Directors' Pay Soars 58%
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
Ohanaeze Launches N85m Igbo Cultural Renaissance Drive
Ohanaeze Ndigbo announces N35m for Igbo studies chairs & N50m for new development bodies. New Enugu HQ nears completion. Leaders call for unity and global cultural projection.
Axxela Wins Carbon Reduction, Sustainability Awards 2025
Axxela Limited secures double honours at the 2025 Social Impact Awards for cutting CO2 emissions by over 703,000 tonnes. Discover how they're driving Nigeria's clean energy transition.
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
All On's Clean Energy Reaches Over 1 Million Nigerians
All On's 2025 Impact Report reveals its clean energy investments have improved lives for over one million Nigerians. Discover how strategic funding is bridging the energy gap.
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Man's Christmas Bonus Disappointment: Letter & 2 Candles
A Canada-based worker expecting a big Christmas bonus after perfect attendance was given an appreciation letter and two candles instead. His viral TikTok video has sparked reactions from netizens sharing similar work experiences.
Nigerian Teens Win JA Africa 2025, $3000 Prize
Nigerian secondary school students from Darul Noor win JA Africa Company of the Year 2025 with a climate-smart drone for agriculture. They advance to a global contest for a $15,000 prize. Read their inspiring story.
Conoil Posts 60.5% Revenue Surge, Declares Dividend
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
Osun Trains 1,000 in Waste-to-Energy Conversion
Osun State empowers 1,000 youths and women with practical skills to convert waste into clean energy and income. The initiative targets green entrepreneurship and a circular economy.
Man's Joy Over Company's December Package of Food Items
A Nigerian employee expresses joy after his company gifts staff 50kg rice, oil, and frozen chicken as a December package. See the reactions online!
SkyFots: Nigerian Startup Turns Lost Parcel into Logistics Success
Fisayo Somide turned the frustration of a lost parcel into SkyFots Global Logistics, a company achieving record turnover in 2025 by prioritizing trust and transparency in shipping for Nigerians.
Clean Energy Improves Lives of 1 Million Nigerians
A new report reveals strategic clean energy investments have powered over 230,000 Nigerian homes and businesses, improving health and economic prospects. Discover the impact.
IBEDC Blames Outages on Reduced Grid Supply
IBEDC apologises for prolonged power outages in Oyo, Ogun, Osun, and Kwara, citing reduced allocation from the national grid. The company is engaging with TCN for a solution. Read more.
Jubaili Bros Leads Nigeria's Sustainable Energy Transition
Jubaili Bros, a key player in Nigeria's power sector, is driving the transition to sustainable energy with solar-hybrid systems and strategic partnerships. Discover how they are redefining reliable power.
Lady Shows Company's Christmas Bonus Items, Names Firm
A Nigerian lady's TikTok video revealing the Christmas bonus items from her company has ignited a social media conversation. See what the staff received and the public's reaction.
Ethiopia Leads Africa's Energy Shift with Gas-by-Rail Vision
Ethiopia signs a landmark deal to launch a 73,500km gas-by-rail network, aiming to bring clean energy to 1.2 billion Africans. Read about this ambitious continental transformation.
Nigerian Varsity Tops Africa's Energy Innovation Challenge
Joseph Sarwuan Tarka University's Energiv project wins Schneider Electric's 2025 Battery Innovation Challenge. Discover how African students are powering the continent's sustainable energy future.
Summit Charts Path for Nigeria's Transport Sector Renewal
Stakeholders at the Nigeria Transport Infrastructure Summit 2025 advocate for tech-driven innovation and urgent financial reforms to revive Nigeria's ailing transport sector and boost economic growth. Read more.
Page 1 of 4