RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Business

Nigeria among top three countries with electricity deficits – World Bank

Rate Captain by Rate Captain
June 8, 2021
in Business
Reading Time: 1 min read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world.

It said during the last decade, a greater share of the global population gained access to electricity than ever before, but the number of people without electricity in Sub-Saharan Africa increased.

AlsoRead

NGX Delays New Equity Pricing Rules as Investors Await Fresh Launch Date

Air Peace and United Nigeria Claim Over N2 Billion Losses After Union Disruptions

NGX Loses N1.17 Trillion as Profit-Taking Hits MTN Nigeria and First HoldCo

The bank disclosed this on Monday in a report, titled ‘Universal access to sustainable energy will remain elusive without addressing inequalities’.

It said, “Significant progress has been made since 2010 on various aspects of the Sustainable Development Goal 7, but progress has been unequal across regions.

“While more than one billion people gained access to electricity globally over the last decade, COVID’s financial impact has made basic electricity services unaffordable for 30 million more people, the majority located in Africa.

“Nigeria, the Democratic Republic of Congo and Ethiopia had the biggest electricity access deficits, with Ethiopia replacing India in the top three.”

According to the bank, unless efforts are scaled up significantly in countries with the largest deficits, the world would still fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030.

Previous Post

Saudi Wealth Fund, Early Alibaba Investor Back Jordanian Startup

Next Post

Dollar Stalls, Yields Ease as Stocks Trade Mixed: Markets Wrap

Related News

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Delays New Equity Pricing Rules as Investors Await Fresh Launch Date

by Jide Omodele
August 17, 2026
0

The Nigerian Exchange has postponed the introduction of its revised pricing methodology for equities trading, one day before the new...

Air Peace Chairman Raises Concern Over Delay in Accessing $14 Million Held by CBN

Air Peace and United Nigeria Claim Over N2 Billion Losses After Union Disruptions

by Victoria Attah
August 17, 2026
0

Two Nigerian airlines, Air Peace and United Nigeria, have reported combined losses exceeding N2 billion following the disruption of flight...

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX Loses N1.17 Trillion as Profit-Taking Hits MTN Nigeria and First HoldCo

by Jide Omodele
August 12, 2026
0

The Nigerian equities market reversed course on Tuesday, August 11, 2026, ending a four-session winning streak as investors locked in...

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

NGX Closes Week Higher at 245,573 Points as Banking Stocks Rally

by Jide Omodele
August 10, 2026
0

The Nigerian equities market ended the week of Friday, 7 August 2026, in positive territory, supported by strong buying interest...

Next Post

Dollar Stalls, Yields Ease as Stocks Trade Mixed: Markets Wrap

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

SEC Files Lawsuit Against Binance and CEO Changpeng Zhao for Alleged Regulatory Violations.

Binance Suspends Transactions with 17 Crypto Platforms

August 24, 2026
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Weekly Turnover Falls 10.4% to N157.76 Billion as Market Declines

August 24, 2026

Popular Story

  • Gold Prices Slide to Three-Week Low Amid Fed Rate Hike Warnings

     Gold Prices Surge Nearly 43% Over Past Year, Shattering Barriers at $3,650 Per Ounce

    0 shares
    Share 0 Tweet 0
  • Nigerian Treasury Bills and Bond Yields Decline Amid Strong Demand and Tight Liquidity

    0 shares
    Share 0 Tweet 0
  • Chinese smartphone firms jazz up products, seize turf in home market from Apple

    0 shares
    Share 0 Tweet 0
  • Binance Suspends Transactions with 17 Crypto Platforms

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>