Valuechain - Nigeria's foremost Online Energy News Platform

By Patience Chat Moses Africa Data Centres, in partnership with Distributed Power Africa (DPA) in South Africa (SA) has commenced the construction of a solar farm in the Free State. This was revealed in a press statement issued…
Read More...

By William Emmanuel Ukpoju In a remarkable financial upswing, Nigeria’s railway transport system has reported a revenue generation of N6.07 billion in 2023, an 8.5% increase from the N5.5 billion recorded in 2022. The National…
Read More...

By William Emmanuel Ukpoju FBN Holdings, the parent company of First Bank — one of Nigeria’s premier banks — is gearing up for a significant capital infusion as the group has announced plans to propose a capital raise of up to N300…
Read More...

By William Emmanuel Ukpoju In a recent statement, Dele Alake, the Minister of Solid Minerals Development, has expressed the Federal Government’s commitment to supporting mining companies that prioritize local content in their…
Read More...

De-facto Subsidy Returns as Petrol Prices Rise Traders Continue to Supply Nigeria Despite Payment Delays Fuel and Power Subsidies Could Shave 3% from GDP in 2024 – IMF Nigeria’s state-owned oil company NNPC is reportedly in…
Read More...

Offshore drilling contractor Dolphin Drilling has struck a deal with Lagos-based General Hydrocarbons Limited (GHL), a Nigerian oil and gas player, to boost oil production exercise. The contract is pursuant of past due payment…
Read More...

Nigeria still using same transformers since '60s - FG decries decay in power sector The Federal Government has said that gas pipelines have been vandalised, causing a reduction in power generation capacity. Minister of Power, …
Read More...

– The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production targets, pushing back against increasing calls for a reversal of output cuts on the back of Brent hitting $90 per barrel. –…
Read More...

By Patience Chat MosesThe Management of Africa Aviation and Aerospace University (AAAU) have entered a partnership with the French Aviation School, Ecole Nationale de I'Aviation Civile (ENAC).The signing of the Memorandum of…
Read More...

By Abubakar IsmailIn a concerted effort to invigorate economic development and catalyze industrialization, the Federal Government (FG) has fervently encouraged State Governors to embark on visits to the recently inaugurated Aba…
Read More...