Why we increased petrol price —Dangote Refinery
The development is directly related to the significant increase in global crude oil prices
Year: 2025
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Over 18 transmission towers vandalized between January 9 and 14 across Rivers, Abia and Kano States, TCN raises alarm
These incidents pose a significant challenge to our operations as a company.
Wärtsilä – Leveraging expertise in engine power plants to support East Africa’s energy transition
Energy access should be a priority, as it is the backbone of economic development and will lead to stability and growth on the continent.
Obasanjo, Buhari, others testify for Nigeria in Mambilla arbitration case in Paris
Nigeria is accused of breaching the terms of the power project contract awarded to Sunrise Power and Transmission Limited by former President Obasanjo in 2003.
AFC earns Top AAAspc Rating from S&P Global (China) Ratings, further enhancing capital diversification opportunities
AFC is committed to a diversified funding strategy and expands its funding base on a global scale.
Power outage in Abuja as vandals attack 132kV transmission line and underground cables
The Company enjoined Nigerians to be vigilant in observing and reporting suspicious activities to security operatives.
AFC successfully priced its inaugural Hybrid Bond raising US$500 million for transformative infrastructure projects
The issuance will further enhance AFC’s robust capital position while providing investors with certainty during the initial non-callable period of 5.25 years
Decentralisation is key to resolving frequent grid collapses —Prof. Iledare
Frequent power grid collapses in Nigeria remain a pressing challenge, but decentralisation offers a sustainable solution. This was made known on Tuesday by energy expert Wumi Iledare, a Professor Emeritus of Energy Studies at Louisiana State University while speaking on Channels TV’s Morning Brief. Prof. Iledare noted the systemic issues underlying Nigeria’s power grid. He…
Heirs Energies CEO Osayande Igiehon, NUPRC MD Gbenga Komolafe, others confirmed to speak at SAIPEC 2025
The inclusion of industry leaders like Dr. Igiehon underscores the essential role of African independents as drivers of regional energy security, investment, and innovation.
AFC receives AAA rating from China Chengxin, as the Corporation positions for further diversification in funding sources
AFC enjoys significant support and collaboration with Asian financial institutions.