Heirs Energies secures $750m Afreximbank financing to drive field development, production, sustainable growth
December 22, 2025Multilateral FinanceNewsSpecial ReportSustainabilityUpstream

Heirs Energies secures $750m Afreximbank financing to drive field development, production, sustainable growth

Oredola Adeola Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has secured a $750 million financing facility from the African Export–Import Bank (Afreximbank) to accelerate field development and optimise hydrocarbon production. The transaction represents one of the largest financings…

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Alebiosu, MD/CEO First Bank, seeks reintroduction of development financing framework for oil, gas players
November 6, 2025DocumentaryDownstreamEnergy TransitionFinanceGreen FinanceMidstreamMultilateral FinanceNewsOil & GasSpecial ReportSustainabilityUpstream

Alebiosu, MD/CEO First Bank, seeks reintroduction of development financing framework for oil, gas players

…says Nigeria’s high interest rates to oil companies are driven by inflation, not banking policy   Oredola Adeola Olusegun Alebiosu, Managing Director and Chief Executive Officer of First Bank of Nigeria Limited, has advocated for the reintroduction of a development…

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FG mobilizes $2bn solar power fund, urges banks to scale up support to developers beyond micro support
September 24, 2025Energy TransitionGenerationGreen FinanceLocal ContentMultilateral FinanceNewsPowerRenewablesSustainabilityTechnology

FG mobilizes $2bn solar power fund, urges banks to scale up support to developers beyond micro support

“We de-risked solar project financing with dollar grants to absorb non-operational risks”- Dr. Aliyu, REA MD … says “₦1.7trn 2025 budget allocations spread across multiple agencies require harmonized framework” Oredola Adeola The Federal Government, after mobilizing more than $2 billion…

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Kachikwu proposes expanding NCI Fund from $450m to $1bn through operators, investors contributions
September 9, 2025DocumentaryImpactInterviewLocal ContentMidstreamMining & Solid MineralMultilateral FinanceNewsOil & GasService CompanySpecial ReportSustainabilityTechnologyUpstream

Kachikwu proposes expanding NCI Fund from $450m to $1bn through operators, investors contributions

… calls for enforcement to make pipeline contractors invest locally, build JV Oredola Adeola Prof. Emmanuel Kachikwu, former Minister of State for Petroleum Resources, has proposed raising the Nigerian Content Intervention Fund (NCI Fund) from its current $450 million to…

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Equipping next-gen energy professionals key to Nigeria’s energy security – NUPRC Chief Komolafe
August 5, 2025DocumentaryDownstreamEnergy TransitionFinanceGasGreen FinanceImpactLocal ContentMidstreamMultilateral FinanceNewsOil & GasSustainabilityTechnologyUpstream

Equipping next-gen energy professionals key to Nigeria’s energy security – NUPRC Chief Komolafe

… urges SPE, industry groups to tackle manpower gaps for future energy demands Oredola Adeola Engr. Gbenga Komolafe, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has noted that equipping the next generation of energy professionals is…

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Ademola Adigun/Engr. ChiChi Emenike, Ifeoma Finnih/Ahmad Damcida clash over global climate agenda: Pathway to development or threat to Africa’s energy sovereignty?
November 22, 2024DocumentaryEnergy TransitionEnvironmentFinanceGenerationGreen FinanceHydroplantMultilateral FinanceNewsOil & GasPowerRenewablesSolarSustainabilityTechnology

Ademola Adigun/Engr. ChiChi Emenike, Ifeoma Finnih/Ahmad Damcida clash over global climate agenda: Pathway to development or threat to Africa’s energy sovereignty?

Oredola Adeola At the recently concluded Energy Sustainability Conference organized by the Energy Institute, experts fiercely debated the impact of the global climate agenda on Africa’s development and energy sovereignty. The session titled “Is the Global Climate Agenda a Fair…

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