Russia’s national oil company, Gazprom shuts down Nord stream gas supply to Europe indefinitely
Oredola Adeola Russian energy giant. Gazprom has announced the suspension of natural gas supplies to the EU via the Nord...
Day: September 2, 2022
Energy Transition: Nigerian Govt. advocates Debt For Climate Swaps, seeks Africa’s participation in global carbon market
Oredola Adeola The Nigerian Government has proposed a Debt-For-Climate (DFC) Swap deal, being a strategic attempt to significantly advance...
Nigeria’s grid system hits 5,043MW all peak highest in almost 2 years
Samuel Agbelusi The national grid has soared to highest peak generation of 5000 megawatts(MW) on Thursday, September 1,...
OML 18 : Afriexim bank offers $750 million debt facility to Eroton
Olubunmi Martins African Export–Import Bank, also referred to as Afreximbank, leading consortium of lenders, is said to be inconclusive talks with...
AfDB lauds Japan for supporting African energy sector
Samuel Agbelusi President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has commended the Japanese Government for its...
No scientific evidence to support Mele Kyari’s NNPC 98mlpd PMS claim – Customs DG
Oredola Adeola The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), has expressed a verdict of ' No Confidence'...
World Bank committed to helping Nigeria’s govt phase out petrol subsidy -WBG President
Oredola Adeola The World Bank Group has made commitment to supporting the Nigerian Government in its plan to phase out the...
Power sector crisis- Experts warn Nigerian Govt., CBN against further concessionary lending to players
Samuel Agbelusi Major stakeholders in the Nigerian Electricity Supply Industry (NESI) have been accused by financial analysts of underutilizing nearly...
