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BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.

Vitafoam Nigeria Posts Strong Start to 2026 on Demand

Vitafoam Nigeria began 2026 with higher revenue and profit, supported by domestic demand growth, lower finance costs and a stronger balance sheet despite weaker exports.

Nigeria’s $92 Billion Lithium Boom Leaves Local Investors Struggling

Nigeria’s $92 billion lithium industry is dominated by foreign companies, leaving local investors sidelined in the race for green energy profits.

Power from the People: Makoko’s Floating Classrooms Harness Renewable Energy to Educate the Future

KEY POINTS Makoko’s floating classrooms are using solar panels, wind turbines, and pedal-powered generators...

The Future of Renewable Energy in Nigeria: Opportunities and Challenges

KEY POINTS Nigeria has vast potential for renewable energy, particularly in solar and wind...

Decentralized Electricity is Vital For AI Adoption, Okonjo-Iweala

Okonjo-Iweala: Decentralized electricity, investments in AI infrastructure crucial for Nigeria's readiness.

Nigeria’s National Grid Challenges: Reform Efforts and Pathways to Sustainability

Nigeria’s energy sector faces persistent challenges, with grid inefficiencies and energy poverty hindering economic growth and development.

Nigerians Spend $10bn Yearly on Generator Maintenance

Nigerians spend $10 billion annually on petrol generator maintenance, driven by unreliable electricity. Experts urge investment in renewable energy solutions.

President Tinubu, Chinese Firms Launch $200M Lithium Facility

President Tinubu inaugurates Nigeria's largest lithium processing plant in Nasarawa, signaling a major leap in renewable energy investments and sustainable mining practices.

Power Outage Worsens as Nigeria Gas Company Fixes Pipeline

Nigeria, Africa's most populous nation, is experiencing a severe power outage that has affected...

Nigeria Loses Billions to Power Outages, Experts Seek Energy Transition 

Nigeria, Africa’s largest economy, faces a severe energy crisis that costs the country billions...

Latest articles

BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.

Vitafoam Nigeria Posts Strong Start to 2026 on Demand

Vitafoam Nigeria began 2026 with higher revenue and profit, supported by domestic demand growth, lower finance costs and a stronger balance sheet despite weaker exports.

Linkage Assurance Revenue Rises 24 Percent on Performance

Linkage Assurance posted a 24 percent rise in insurance revenue in 2025, supported by underwriting growth, reinsurance optimisation and improved profitability across core operations.

Senate Sets Up Panel to Harmonise Views on Electoral Bill

Nigeria’s Senate has formed a bipartisan committee to consolidate lawmakers’ views on proposed Electoral Act amendments, with a report due within 48 hours.