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News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

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.
News

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...
News

The Future of Renewable Energy in Nigeria: Opportunities and Challenges

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

Decentralized Electricity is Vital For AI Adoption, Okonjo-Iweala

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

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.
News

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.
News

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.
News

Power Outage Worsens as Nigeria Gas Company Fixes Pipeline

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

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...

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News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.