COP28: will there be an agreement to phase out fossil fuels?
December 7, 2023 It’s the issue at the core of COP28: will this year’s U.N. climate talks, held in major oil producer the United Arab Emirates, produce the first global…
AfDB head at COP28 urges African exemption from EU carbon tax
December 7, 2023 African countries should be exempted from a plan by the European Union to impose a carbon tax on some imports, the head of the African Development Bank…
COP28: Nigeria secures over $5bn commitment for adaptation fund
Dec 7, 2023 The Federal Government says it has secured more than 5 billion dollars commitments for its climate action at the ongoing climate change conference also known as COP28…
2024 Budget “Way Too Small” To Meet Nigeria’s Needs — Budget Office
December 7, 2023 The Director-General of the Budget Office of the Federation, Ben Akabueze, says the N27.5trn 2024 budget estimates awaiting approval at the National Assembly is “way too small”…
Climate Change: Oando to begin assembly of electric buses in Nigeria by 2026
Dec 7, 2023 …Roll out 12,000 electric buses in Nigeria Oando Clean Energy says it will soon roll out 12000 electric buses in Nigeria in line with the climate solution agenda…
Oil rebounds from six-month-low but demand concerns linger
December 7, 2023 Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand and economic slowdowns…
Beware of Fake Empowerment Scheme, Not From Us – NDDC
The attention of the Niger Delta Development Commission, NDDC, has been drawn to a fake social media account being used to deceive members of the public, claiming that NDDC is…
Senate Committees Pledge Budget Support for Solid Minerals
The Senate committees on Appropriations and Solid Minerals on Wednesday affirmed the imperative of increasing budgetary allocations to the solid minerals development ministry to enable the mining sector lead…
COP28: NNPCL seals LNG deals for domestic, international markets
Dec. 6, 2023 …Agreement on 421 Tonnes Per Day Small-Scale LNG Project in Ajaokuta and MoU on Floating LNG The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed two…
N123bn CBN Power Intervention: TCN completes 80% projects in Lagos
Dec. 6, 2023 The Transmission Company of Nigeria (TCN) on Wednesday said it has completed over 80 per cent of the power project under the Central Bank of Nigeria (CBN)…