Nigeria has successfully secured the bid to host the headquarters of the newly established $5 billion African Energy Bank (AEB) in its capital city, Abuja.
This is contained in a statement by the State Minister for Petroleum Resources (oil), Heineken Lokpobiri, on Thursday via his official X account.
Lokpobiri said that the bank would play a crucial role in financing and advancing energy projects across Africa, promoting innovation, sustainability, and economic growth.