Bboxx chosen for World Bank’s $300M DARES solar electrification initiative Program aims to bring off-grid power to 2.7M households and businesses Nearly 90 million Nigerians still lack reliable ...

The European Bank for Reconstruction and Development (EBRD) has cleared new member states Nigeria, Ivory Coast and Benin for ...

The World Bank says revenue remitted by the Nigerian National Petroleum Company (NNPC) Limited dropped by N500 billion in ...

The International Finance Corporation (IFC), alongside the Canadian Government, has made a $5 million investment in Husk Nigeria to scale ...

It marks the first investment under the IFC Distributed Access through Renewable Energy Scale-up (DARES) Platform, a $200 ...

IFC’s $5 million financing package includes a $2.5 million senior loan from its own account and a $2.5 million concessional ...

Sun King, the world’s largest off-grid solar company, secured financing from a World Bank-backed programme to electrify in ...

Chinese firm, Sun King, has secured a naira-denominated loan worth $80 million to scale up electrification efforts in Nigeria. The ...

World Bank reports that Nigerian National Petroleum Company Limited (NNPCL) has been transferring only 50% of fuel subsidy ...

The House of Representatives Committee on National Planning and Economic Development has warned the Central Bank of Nigeria ...

Nigeria’s telecommunications sector will receive a new $3 billion investment by next month, with inflow targeted at boosting ...

The World Bank reports that NNPCL only remitted 50 percent of revenue from the subsidy removal to the Federation Account.