Nigeria’s downstream energy sector is entering a new phase of growth following deregulation, currency reforms and increased regional collaboration, the Nigerian National Petroleum Company (NNPC) has said. Dr Mumuni Dagazau, the company’s Executive Vice President for Downstream, made the announcement at the 19th Africa Downstream Energy Week in Lagos. The conference, themed “Energy Sustainability: Growth…
The Petroleum Training Institute (PTI) has called for the expedited inauguration of the Africa Energy Bank (AEB) to improve access to affordable energy financing and drive sustainable development across the continent. Dr. Samuel Onoji, Principal and Chief Executive of PTI, made the call on Wednesday in Abuja at the opening ceremony of the 4th Biennial…
President of Masters Energy Group and former Minister of State for Mines and Steel Development, Dr. Uchechukwu Ogah, has called for pragmatic reforms and sustained policy consistency as crucial drivers of Nigeria’s energy transition and long-term sustainable growth. Ogah made the call at the 2025 NAEC International Energy Conference held in Lagos. The three-day event,…
Nigeria’s Vice President Kashim Shettima has praised Shell for its sustained investments in the country, describing them as crucial to economic growth and energy security. At the Nigerian Economic Summit in Abuja, Shettima, standing in for President Bola Tinubu, commended the contributions of Shell Nigeria Exploration and Production Company, Shell Nigeria Gas, as well as…
The Nigerian government says it is determined to transform the country into a refining hub for West Africa as part of a wider strategy to secure energy independence and add value to every barrel of crude oil it produces. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, speaking through his technical adviser at the…
Nigeria will take centre stage at this year’s Gastech Exhibition and Conference in Milan, leading a delegation of seven African nations at the global gas industry’s flagship summit from 9–12 September. The event, which brings together ministers, policymakers, and industry leaders from more than 140 countries, will focus on building solutions to pressing energy challenges…
The African Development Bank (AFDB) says it has committed 1.2 million dollars grant to support the feasibility study of the Nigeria Battery Energy Storage System (BESS). The grant is under AfDB’s under Energy Transition Catalyst Programme Dr Abdul Kamra, Director-General, Nigeria Country Department, (AFDB) made this known at the Inaugural Workshop of the BESS Feasibility…
Renaissance Africa Energy Company Limited has announced that it is taking actionable steps to address electricity and clean energy shortages in Nigeria and across Africa. Mr Tony Attah, Managing Director of Renaissance, made the remark in a statement issued by the company’s spokesperson, Mr Michael Adande, in Port Harcourt on Wednesday. According to the statement,…
Ecobank Nigeria, a subsidiary of Ecobank Group, has been selected as one of five Nigerian banks to participate in the GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme. The initiative, funded by European donors, aims to scale up green energy financing and investment across developing nations. A statement by the bank on Tuesday, said the…
Nigeria is to host the 4th African Natural Resources and Energy Investment Summit (AFNIS) to boost the continent’s natural resources through smart, cross-sector collaboration for sustainable growth. This is contained in a statement issued by Mr Segun Tomori, Special Assistant on Media to the Minister of Solid Minerals Development, Dele Alake on Monday in Abuja….
