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Nigeria: Access Bank to Sell N150bn Green Bonds by 2021

Access Bank Plc has revealed plans to sell green bonds totalling N150bn by 2021. The lender said it was looking to raise $41m in the...

Dangote Refinery Receives Crude Cracker, Begins Equipment Installation

The Dangote Oil Refining Company (DORC) Limited, said it took delivery of one of the major components of its refinery equipment; the regenerator for...

Nigeria: FG to Spend N3 billion on Fuel, Generators

The federal government will spend over N3 billion on fuel, generators and plants across 602 ministries, departments and agencies this year. These figures do not...

Renewables: A Driving Force in Africa’s Power Sector

Renewables are dominating the headlines on Africa’s power sector, with new projects, grants and funding deals announced weekly. The rapid growth of renewables in...

Nigeria’s Hunt For Gas Buyers

Gas supply to the domestic market is a hot topic in Nigeria. Producers want to monetise their gas and need to find credible buyers. Pressure...

Nigeria: NNPC Subsidiary Hits N1.8bn Profit in 2017 – MD

Managing Director, Nigerian National Petroleum Corporation Retail, Mr. Adeyemi Adetunji, said the company made N1.8 billion profit after tax in 2017. Adetunji disclosed this in Abuja...

Nigeria: Shell Spends N41.1 bn on Projects in Niger Delta in...

The Shell Petroleum Development Company (SPDC) on Wednesday said it had disbursed N41.1 billion to fund 37 cluster development projects in Delta, Bayelsa, Rivers...

Nigeria: $12m LPG Plant Ready in 2019, Says Operator

Barring the unforeseen, the $12 million Liquefied Petroleum Gas plant (LPG) currently under construction in Ikuru in Rivers State, by Green Energy International Limited...

Nigeria: Fashola Under Fire Over Claims that Govt Is Not Responsible...

Nigeria’s Minister of Power , Works and Housing , Babatunde Fashola, has sparked outrage after saying the federal government should not be blamed for...

Nigeria: FG, Oil Marketers Agree on Fuel Subsidy Payment

The Federal Government and petroleum marketers on Thursday agreed on how the outstanding fuel subsidy claims would be settled by the government. The agreement was...

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