Thursday, November 21African Digital Business Magazine

Tag: Nigerian News

29Nov By Africa BusinessNo Comments
Energy, Green Energy, Nigeria News, Startups

Arnergy Launches Diaspora Initiative For Clean Energy Remittances

Energy startup becomes Africa’s first solar company to launch renewables payment scheme for Nigerians abroad Arnergy, Nigeria’s leading distributed utility company delivering solar energy solutions, has today announced the launch of the Diaspora Initiative - a groundbreaking scheme enabling the global Nigerian diaspora to invest in solar energy solutions on behalf of local individuals and businesses. The first of its kind from an African solar company, the Diaspora Initiative enables Nigerians abroad to purchase off-grid solar panels and storage systems which are installed in households and businesses across Nigeria to deliver a clean and uninterrupted source of electricity. With Arnergy’s tech-enabled solar models marking a major innovation as a sustainable solution to Nigeria’s $29...
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18Jun By Yusuff WaleNo Comments
Energy, Nigeria News

Nigeria’s latest gas-related power shortages could have been avoided. Here is why.

Opinion Piece by Yusuff Wale, Managing Director, Wärtsilä Marine & Power Services Nigeria Ltd On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days remained below 4,000 MW, six percent below-average production. Low pressure on the Escravos-Lagos Pipeline System (ELPS) left several gas turbine power plants with insufficient gas supply, leading to plant shutdowns and widespread power blackouts. Unlike gas turbine power plants, gas engine power plants have the flexibility to function during low gas pressure events. This flexibility significantly lowers power production risk, a supreme advantage in the context of gas supply disruptions and systemic power shortages. Power cuts in Nigeria are a regular occurrence. Data from the Transmissio...
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7May By Africa BusinessNo Comments
Nigeria News

Heirs Oil & Gas Announces CEO and Board Appointments

Heirs Oil & Gas (HHOG) (www.HeirsOilandGas.com), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience. Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of OML17 in January 2021, in one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion. The transaction represents a further implementation of the HH Group strategy of creating the leading integrated energy business in Africa. Through a series of strategic portfolio holdings, HH is executing this strategy....
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3May By Africa BusinessNo Comments
Nigeria News

Marcelle Ruth Cancer Centre & Specialist Hospital (MRCC) opens doors in Lagos, bringing world-class cancer treatment to Nigeria and Sub-Saharan Africa

Purpose-built, fully equipped facility on Victoria Island is Nigeria’s first one-stop centre for cancer diagnosis & treatment; Facilities utilise cutting edge technology include an imaging centre with CT, mammogram, ultrasound, X-Ray machines, a laboratory and blood bank, two modular operating theatres, an eight-bed chemotherapy suite, a radiotherapy centre with a linear accelerator, fifteen en-suite inpatient rooms and in-house oncology and general pharmacies; Travel restrictions during the Covid 19 pandemic underscore the importance of in-country diagnosis of cancer and other chronic diseases. In support of the Marcelle Ruth Cancer Centre & Specialist Hospital, the country’s first fully-equipped private oncology centre, GE Healthcare has completed the delivery and installati...
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