How Petroleum Prices Impact African Countries

Written by: Elegbeleye Paul The impact of petroleum prices on African countries has significantly influenced their economic growth or stagnation since the inception of the Organization of the Petroleum Exporting Countries (OPEC) in 1960. Over the years, the price trends of petroleum have been shaped by global events, market demands, and technological advancements. This article […]

Prospects of Renewable Energy in Nigeria

  Industries with greenhouse gas emissions: pixels.com In 2020, global energy demand plummeted by 4% due to grounded flights, idled factories, and home lockdowns for commuters. However, amid this downturn, a specific sector in the world’s electricity markets demonstrated resilience and growth. According to a recent report from the International Energy Agency (IEA), the generation […]