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President Goodluck Jonathan on Friday turned the sod for the commencement of construction work on the $1 billion Azura-Edo Independent Power Project. President...

President goodluck Jonathan is billed to lay the foundation stone of the $1 billion Azura-Edo 1,000 megawatts gas-powered Independent Power Plant on Friday,...

Nigeria’s Federal Government on Friday announced new measures to address financing problems in the power sector, including a N213 billion bailout...

Lafarge Africa, Finland’s Wartsila and the World Bank’s IFC have agreed to build a 220 megawatt (MW) gas-fired power plant in Nigeria to boost...

Barack Obama at Africa Summit US President Barack Obama on Tuesday announced $33 billion in new investment and financing commitments to Africa during a...