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POSCO E&C to construct $1.14bn thermal power plant in Nigeria
POSCO Engineering and Construction (POSCO E&C) has been awarded $1.14bn engineering, procurement, and construction contract by Ebonyi Independent Power Plant…
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Lafarge, Wartsila and IFC partner to construct 220MW power plant in Nigeria
LaFarge Africa, Wartsila and the World Bank’s The International Finance Corporation (IFC) have signed an agreement to jointly construct a…
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Iran ready to supply nuclear power to Nigeria
Iran is ready to supply nuclear power to Nigeria to help boost electricity supply in the country, a senior diplomat…
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Panoro Energy starts drilling at Aje-5 offshore production well in Nigeria
Panoro Energy has started drilling operations at the Aje-5 production well in the OML 113 license, offshore Nigeria. Being drilled…
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Oil and Gas: How Nigeria Lost $5.66 billion
The Central Bank of Nigeria (CBN), in its recent External Sector Development Report has disclosed that crude oil and gas…
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NGP, Motir Seaspire to Develop 1,200MW of Solar PV Projects in Nigeria
New Generation Power (NGP) and Motir Seaspire have jointly signed a memorandum of understanding (MoU) with the Federal Government of…
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USTDA signs Memoranda of Cooperation with Nigerian Electricity Distribution Firms
The US Trade and Development Agency signed memoranda of cooperation with the Eko and Ikeja Electricity Distribution Companies, who together…
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Nigeria Negotiates with Rosatom to Develop $20bn Nuclear Power Plants
The Nigerian Government is negotiating with Russia’s state-owned Rosatom for the construction of four nuclear power plants, with an investment…
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Nigeria’s Gemoetric Power Partners with GE to Develop 1,080MW Power Plant
Nigerian energy firm Geometric Power and US-based General Electric (GE) have signed an agreement to jointly develop a 1,080MW power…
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Sites selected for 4,800MW nuclear power projects in Nigeria
The Government of Nigeria has selected the states of Kogi and Akwa Ibom to construct two nuclear power facilities, totalling…