Fitch Ratings has observed that Nigeria’s ongoing reforms in the energy sector, including initiatives to expand renewable energy deployment, are likely to underpin a current account surplus over the medium term. This perspective was shared in Fitch’s latest sovereign rating…
By NJ Ayuk, Executive Chairman, African Energy Chamber There’s a promising future for African renewables as the continent strives to balance its current reliance on fossil fuels. That’s the prediction of the African Energy Chamber’s 2025 Outlook Report on the…
By Seun Ibiyemi The Tinubu Media Volunteers (TMV), has commend the 6.7 billion dollars investment in the country’s energy sector in the year 2024 In a statement signed by Mr Chukwudi Enekwechi its Chairman, TMV noted that the investment inflow…
The revival of Nigeria’s interest in energy transition, power, climate change and green economic solutions has raised high expectations within the extractive industries. The recent constitution of a Presidential Committee on Climate Action and Green Economic Solutions and the appointment…
By Matthew Denis The Minister of State for Petroleum Resources, Lokpobiri Heineken, has disclosed that the economic downturn confronting the country can be addressed by the oil and gas sector. He made the disclosure at the Gala Dinner of the…
By Esther Agbo The Honourable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, delivered a keynote address at the Final Investment Decision (FID) Ceremony for the OML58 Ubeta Field Development Project. This event marks a significant milestone…
By Opeyemi Abdulsalam In a landmark development, the Major Energy Marketers Association of Nigeria (MEMAN) has hailed the Dangote Refinery as a game-changer in Nigeria’s energy landscape, poised to save the country a staggering amount of foreign exchange spent on…
The Energy Commission of Nigeria (ECN) has taken a significant step towards achieving energy transition, efficiency, and reliability in the country with the unveiling of two strategic documents – the National Energy Plan (NEP) and National Energy Master Plan (NEMP).…
The Founding Publisher of Nigerian NewsDirect, Late Dr Samuel Ibiyemi has been honoured with a Posthumous award for his contributions to the Energy sector at the maiden edition of the Energy Times award ceremony in Lagos. The late Dr Samuel…
The Society of Petroleum Engineers (SPE), Nigerian Council, has called for collaborative efforts in addressing the challenges and opportunities facing Nigeria’s energy sector. In a compelling address at the opening ceremony of the 2024 edition of Oloibiri Lecture Series and…
