**Nigerian Energy Firm Seeks Global Investment with Major Deal in London** A significant development in Nigeria's energy sector has taken place with the signing of a Memorandum of Understanding between Sapphire and Carbuncle Energy Limited, a Nigerian energy company, and Nexarka Group Energy and Infrastructure Holdings in London. This agreement is part of efforts to strengthen energy development and attract global investment into Nigeria's energy sector. The deal follows the recent incorporation of Sapphire and Carbuncle Energy Limited in the United Kingdom, marking a strategic expansion aimed at enhancing its access to international capital and technical expertise. According to Mkposong Asuquo, Managing Director/Chief Executive Officer of the company, this dual milestone underscores the firm's commitment to leveraging global partnerships to address Nigeria's energy challenges and drive sustainable development. The Memorandum of Understanding was signed at Sir Simon Milton Square in London. According to Asuquo, the agreement is expected to facilitate funding for mid-scale infrastructure projects, with potential investments running into several hundred million dollars, subject to project development phases. The company has already established a solid operational presence in Nigeria, gaining experience across the energy value chain, and is now positioning itself as a bridge between local opportunities and international investors. Asuquo emphasized the importance of the company's incorporation in the United Kingdom, stating that it provides access to global capital, technical expertise, and strategic partnerships critical to transforming Nigeria's energy landscape. He noted that the partnership would foster collaboration with global stakeholders, focusing on energy infrastructure development, increased production capacity, and the deployment of innovative and sustainable energy solutions. The CEO also called on UK-based multinationals, investors, and development institutions to explore opportunities in Nigeria's energy sector. "Nigeria presents immense opportunities in energy," Asuquo said. "We invite global partners to collaborate with us to unlock value, drive innovation, and deliver reliable energy solutions that will power economic growth." With its expanding footprint in both Nigeria and the United Kingdom, Sapphire and Carbuncle Energy Limited aims to play a key role in advancing cross-border energy collaboration and delivering sustainable, scalable solutions for the country's future.