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Vandals strip Lagos-Ibadan Longbridge of solar streetlights, raising fears of night attacks on motorists

Vandals have stripped the Lagos-Ibadan Longbridge of nearly all its solar streetlights, leaving only about 20 standing and raising fears of renewed night attacks on motorists.

Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.

13 Ships Headed to Lagos With Petroleum Products

Seventeen ships are expected at Lagos ports this week, with 13 carrying petroleum products, as NPA reports increased shipping traffic

U.S. Congress Targets 12 Nigerian Governors Over Religious Persecution Claims

U.S. Congress debates sanctions on Nigerian officials accused of religious persecution as Tinubu defends Nigeria’s constitutional rights.

Peter Obi Faults Government Over Rising Insecurity, Urges U.S. Cooperation

Peter Obi blames poor leadership for Nigeria’s insecurity and calls for U.S. cooperation to ease diplomatic tension.

Adeleke Calls for U.S. Support to Tackle Nigeria’s Terrorism Crisis

Osun Governor Ademola Adeleke calls for U.S. and global support to help Nigeria confront rising terrorism and insecurity.

GenCos Lose N2.3 Trillion to Stranded Power Capacity

Nigeria’s power producers have lost over N2.3 trillion to stranded capacity caused by persistent grid failures and weak market structures

Dangote Refinery Boosts Petrol, Diesel Production Ahead of Festive Season

Dangote Refinery’s output exceeds demand, ensuring steady fuel supply and stable prices across Nigeria through Christmas and New Year.

Abdul Samad Rabiu Builds ₦350 Million Lecture Theatre for Adamawa State University

Abdul Samad Rabiu donates a ₦350 million lecture theatre to Adamawa State University, expanding his education support in Nigeria.

Court Ruling Triggers New War in PDP Over 2027 Election Plans

PDP factions clash after court halts convention, deepening divisions as rival groups suspend leaders ahead of 2027 elections.

First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa

Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.

Latest articles

Vandals strip Lagos-Ibadan Longbridge of solar streetlights, raising fears of night attacks on motorists

Vandals have stripped the Lagos-Ibadan Longbridge of nearly all its solar streetlights, leaving only about 20 standing and raising fears of renewed night attacks on motorists.

Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.

CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.

Nigeria flood alert: 8,000 communities and 4,500 schools in 15 states at risk this week

Nigeria's hydrological agency warns that more than 8,000 communities and 4,500 schools across 15 states face flooding between Sept. 19 and 25 as rivers rise.