By Energy Worth The United Kingdom’s Department for International Development (UKAID), in a bid to increase electricity supply in Nigeria, has provided solar energy to 49,000 homes within the Nation. According to the agency in charge of the programme in Nigeria ‘SolarNigeria’, the funds from the UK DFID will be used to scale the market…
Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya. Ali Al Hashemi, who has led Yahsat Government Solutions, Yahsat’s specialised unit fulfilling defense and governmental client requirements, for…
The Management of the Nigerian National Petroleum Corporation (NNPC) has distanced the national oil company and its Group Managing Director, Dr. Maikanti Baru from the ongoing political tango in the National Assembly and the trending reports in some section of the media insinuating that the Corporation’s helmsman had doled out funds to effect the impeachment…
By Tsvetana Paraskova While most of the sanction-bypassing oil trade with North Korea is thought to be originating from China, oil sales from Russia to Kim Jong-un’s regime may be much larger than official figures suggest, as shell companies have been set up for illicit oil flows to Pyongyang, The Asan Institute for Policy Studies…
By Energy Worth The Eligible Customer policy introduced by the Federal Government in the power sector will lead to a 14 per cent increase in the electricity tariff payable by residential consumers across the country, power distribution companies have said. In July this year, the Minister of Power, Works and Housing, Babatunde Fashola, said in…
