Your offical invite for 2022 Nigeria Clean Energy Expo

2022 Nigeria Clean Energy Expo 19 October 2022, Virtual Conference Click here to Register for NGCEE 2022 The Local Organising Committee of NgCEE 2022 warmly invite you to the 12th Nigeria Clean Energy Expo (NgCEE), formally Nigeria Alternative energy Expo taking place virtually on 19 October 2022, under the theme “Diversifying the Clean Energy Economy” […]

Read more

Nigeria, World Bank Advance In $410bn Energy Transition Funding – Osinbajo

Vice President Yemi Osinbajo, has expressed optimism of closing discussions with International Financial Institutions to raise needed funds to drive the country’s Green Energy Project. Osinbajo, in a keynote address titled, ‘Nigeria Transitioning to Green Energy’ at the Oil Producers Trade Section, OPTS, 60th Anniversary dinner in Lagos on Thursday, said he was in close […]

Read more

Renewable energy for healthcare facilities in sub-Saharan Africa requires innovative financing

An estimated 60% of healthcare facilities in Sub Saharan Africa do not have access to a reliable electricity supply. Almost a third of grant-funded solar systems have failed due to poor maintenance, leaving a false impression that solar technology is unreliable. An energy-as-a-service model for renewable energy systems is being piloted in Nigeria to demonstrate […]

Read more

Nigeria commits to the Clean Energy Demand Initiative’s goals with Corporate Partners

On September 13 in Abuja, Special Presidential Envoy for Climate John Kerry joined the Government of the Federal Republic of Nigeria as it signed a Letter of Intent between the Nigerian government, represented by Minister for Environment Mohammed Abdullahi, and seven companies – AB InBev, Akamai, HP, Iron Mountain, Lady Lawyer Foundation, Rife International, and […]

Read more

FCMB Lights Up 3,000 Homes, Businesses in Six Months

Decarbonisation and scaling clean energy are top on the agenda of Nigeria’s FCMB Group in an environment overwhelmingly reliant on fossil fuel. Although the Group has much ground to cover, it has cut its carbon footprint considerably and scaled its financial commitment to businesses committed to clean energy. First City Monument Bank, a subsidiary of […]

Read more

NEP secures $550m from World Bank, AfDB to bridge energy gap

The Nigeria Electrification Project (NEP) has secured funding from the World Bank and the African Development Bank (AfDB) to close the energy access gap in communities across Nigeria. According to the Head of the Project Management Unit at NEP, Anitu Otubu, the Nigerian government has also partnered with the United States Agency for International Development […]

Read more

Developing new green energy solutions

•Hydrofuel, Lumos Laboratories partner to produce green hydrogen, ammonia, fertilizer, and electricity from human, animal wastes•Lumos technology would provide decentralised treatment of sewage on a neighbourhood-by-neighbourhood basis Hydrofuel Canada Inc. (Hydrofuel), a company engaged in the last mile production and delivery of Green Ammonia and Hydrogen to its customers, has entered into a share purchase […]

Read more

Nigeria willMeet 2030 Renewable Energy Target

The Federal Government says Nigeria will meet the 2023 sustainable energy target. Minister of State for Power, Mr Goddy Jedy-Agba, who expressed optimism at the 7th Nigeria Energy Forum (NEF) 2022 in Lagos, said the ministry had ongoing renewal energy programmes and initiatives in place to achieve the target. He spoke on the theme “Energising Economic […]

Read more

FCMB Group posts 73.2% profit, leverages renewable energy

The FCMB Group Plc has declared a 73.2 per cent growth in profit for the six months ended June 30, 2022. A statement said the bank recorded a profit before tax of N15.4bn, an equivalent of 73.2per cent year-on-year growth compared to N8.9bn in 2021. It also recorded 84.2per cent in the Banking Group, 42.7per […]

Read more