renewable energy
27 Nov
As part of its contribution to resuscitate the Nigerian ailing economy, the KFW Development Bank has injected €25million into the Nigerian economy for the growth and development of micro, small and medium enterprises...
22 Nov
ARM-Harith Infrastructure Fund will boost investment in the electricity sector in Nigeria following the launch of AD Power HoldCo, which aims at investing in renewable energy equity financing.
20 Nov
The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment Platform for Limitless Energy (RIPLE). The Authority said the initiative is dedicated to the development, investment, and operation of renewable energy projects across the entire value chain. With RIPLE, NSIA said it is positioned to expand energy access, enhance energy efficiency and ensure…
19 Nov
Governors of states in the North West region of the country have solicited the support of the African Development Bank Group (AfDB) to strengthen cooperation and unlock the country’s vast agricultural potential.
15 Nov
ARM-Harith Infrastructure Fund has announced the establishment of a distributed renewable energy equity financing platform, in AD Power HoldCo, that focused on off-grid and interconnected mini-grids as well as captive commercial projects sized at less than 1MW in Nigeria. The vehicle invests equity and quasi-equity instruments into companies holding projects with small to medium-sized renewable…
14 Nov
The Managing Director and Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has stated that the cost of renewable energy might hamper Nigeria and other countries on the continent with limited economic resources and adoption of clean energy. Kyari stated this at the Nigerian Association of Petroleum Explorationists' (NAPE's) 41st yearly…
8 Nov
Determined to reduce the impact of climate change in the Niger Delta region, Niger Delta Development Commission (NDDC) has expressed willingness to work with International Oil Companies (IOCs) and other development partners to increase investment in renewable energy projects. To achieve the target, Managing Director of NDDC, Dr. Samuel Ogbuku, said sustainable partnerships to drive the…
8 Nov
The Netherlands has launched a solar marketplace to connect businesses with opportunities and facilitate partnerships between public and private stakeholders to provide renewable solar energy in Nigeria. The solar marketplace launch in Lagos had in attendance leaders and investors in the energy sector from the public and private sectors. Consul general, the Kingdom of Netherlands…
6 Nov
Stakeholders in Nigeria’s electricity sector have bemoaned the slow pace of growth in electricity access, especially using decentralised renewable energy solutions.
25 Oct
BERKSHIRE Finance Company Ltd., has partnered with Reohob Nigeria Limited to finance individuals and small and medium-sized enterprises in the acquisition and installation of renewable energy solar solutions.
15 Oct
As Nigeria's economy struggles with a lack of access to affordable and reliable energy, a fintech company, Payhippo is stepping up to empower business owners with renewable energy through innovative payment plans. It highlighted its plans underway at the "Payhippo Solar Expo: Financing the Solar Ecosystem" held in Lagos on Thursday for installers and vendors.…
7 Sep
Representative of the South East on the governing board of North East Development Commission (NEDC), Sam Onuigbo, has called on foreign and local investors to take advantage of the huge energy market in Nigeria and invest massively in renewable energy.
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A nine-year-old boy known as Aiden James-Harrison Smith lost his life after falling through ice on a pond near his family's new home in Waukee, Iowa. The family, who had moved into their dream house just two weeks ago, were unaware of the nearby dangerous water. Aiden, described as a 'curious' and 'kind' boy, went…
7 mins ago
A 3-month-old baby from Alabama has lost its life after being bitten by a family pet described as a 'wolf-hybrid.' The Shelby County Sheriff's Office reported that the incident occurred around 12:54 p.m. on Thursday in Chelsea, prompting a swift response from sheriff's deputies, firefighters, and county animal control officers following a 911 call about…
19 mins ago
Senator Adams Oshiomhole has called on organised Labour to revisit the management of the Contributory Pension Funds. Oshiomhole said this at the 8th Quadrennial National Delegates Conference of the Academic Staff Union of Educational and Associated Institutions (NASU) on Tuesday in Abuja. The theme of the conference was “Trade Unionism in the Era of Economic…
34 mins ago
Concerned Kano residents have faulted the action of the state government on the appointment of a retired permanent secretary Abdullahi Musa as the new Head of Service. Similarly, the residents criticized the alleged reinstatement of another three senior public servants Umar Muhammad Halo, Aminu Shuaibu Rabo, and Ada'u Lawan, who had left the service, back…
44 mins ago
Kogi Governor, Yahaya Bello, on Tuesday announced the establishment of a Ministry of Humanitarian Affairs and Poverty Alleviation. Bello, in a statement issued in Lokoja by his Media Aide, Oogwu Muhammed, made the declaration during the official kick-off of the Federal Government’s Grant for Vulnerable programme under the Federal Ministry of Humanitarian Affairs and Poverty…
45 mins ago
From meditation to spiritual guidance to indigenous hymns, the vibe in the "faith pavilion" at COP28 is a little different to elsewhere at the high-stakes UN climate talks in Dubai. Orthodox priests rub shoulders with Emiratis in flowing white robes and Jewish rabbis in the quiet, air-conditioned calm of the pavilion, the first ever dedicated…
1 hour ago
The Kano State Police Command on Tuesday announced the arrest of 15 suspects and the recovery of 20 stolen vehicles in different parts of the state. This is contained in a statement issued by the command’s Public Relation Officer, SP Abdullahi Kiyawa in Kano. He said that the arrest and recovery of the stolen vehicles…
1 hour ago
The United Arab Emirates on Wednesday extradited a British hedge fund trader accused of massive fraud and money laundering to Denmark to face charges, the official WAM news agency reported. Sanjay Shah, who was arrested in Dubai in June 2022, is wanted over an alleged 1.7 billion euro scam to help companies fraudulently claim Danish…
1 hour ago
China said Wednesday European Union export policies towards Beijing do not "make sense", on the eve of a high-level summit in the Chinese capital. "If the EU imposes severe restrictions on the export of high-tech products to China on the one hand, and hopes to significantly increase exports to China on the other, I'm afraid…
1 hour ago
The Minister of Sports Development, Sen. John Owan Enoh, has hailed the Super Falcons on their successful qualification for the 2024 African Women’s Cup of Nations (WAFCON) slated for Morocco. The minister said the team displayed an impressive level of determination and teamwork, securing vital victories during the qualifiers to solidify their place in the…