Solar power

Business

Nigeria Launches $300m Fund To Expand Solar Power Beyond Grid

Joy Onuorah, THEWILL -
Nigeria’s $300 million Distributed Renewable Energy Fund has reached commercial launch, creating a financing vehicle to expand electricity supply through systems such as mini-grids and standalone solar installations.
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Latest News

BusinessOgochukwu Onwaeze, THEWILL -

Refined Fuel Exports Surge 66 Percent As Current Account Surplus Hits $7.54bn

Nigeria’s current account surplus rose to $7.54 billion in the second quarter of 2026 from $4.49 billion in Q1, as stronger petroleum exports, lower crude oil imports and higher non-oil exports improved the country’s external position.
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