Isaac Anyaogu

Nigeria has agreed to $200 million deal with WeLight, a pan-African Distributed Renewable Energy (DRE) company to deploy hundreds of renewable mini grids, aimed at bringing reliable electricity to millions in rural communities and those surrounding urban centres.

Nigeria is automating its electronic visa approval and issuance process in an effort to boost travel and business, the interior minister said.

Nigeria's state oil firm NNPC on Tuesday announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West Africa.

The Africa Energy Bank, which will fund oil and gas projects and support the continent's energy transition goals, will launch in the first quarter of 2025 and target an asset base of $120 billion, Nigeria's junior oil minister said on Tuesday.

Nigeria's Dangote Oil refinery, Africa's largest, could begin operating at full capacity in 30 days, the head of the refinery said on Monday.

Nigeria will establish a national credit guarantee company in May to lend to businesses and individuals, President Bola Tinubu said in an speech on Wednesday.

Nigeria has launched an emergency response centre after recording 190 deaths from Lassa fever, a viral hemorrhagic illness, the country's disease control agency said on Monday.

Nigeria has lifted a ban on mining exploration in the northwestern state of Zamfara after a five-year suspension, the mining minister said, citing improved security.

Nigeria will auction undeveloped oil and gas blocks next year, prioritising natural gas development to support the country's commitment to UN Sustainable Development Goals, the oil regulator said on Wednesday.

Nigeria's national power grid is prone to frequent collapses, with the resulting power shortages proving an obstacle to economic growth and investment in Africa's most populous nation.