As the global AI race intensifies, Nigeria's unreliable power supply threatens to leave the nation behind in the technological revolution. Discover how electricity is becoming the decisive factor in Africa's digital transformation.
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
British American Tobacco Nigeria is spearheading Nigeria's energy transition with ambitious solar projects and advocating for stronger private sector leadership in climate initiatives across West Africa.
Nigerian households and businesses struggle as cooking gas scarcity hits major cities with depot owners increasing prices amid supply disruptions and logistical challenges.
Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.
Eko Electricity Distribution Company begins massive free meter rollout under Federal Government's National Mass Metering Programme, bringing relief to thousands of customers tired of estimated billing.
China exempts Nexperia from Dutch semiconductor export restrictions, securing chip supply chain and highlighting strategic importance of Chinese-owned tech firms in global market.
In a strategic move to enhance national security, the Nigerian Air Force announces sweeping redeployments of senior officers including Air Vice Marshals and Air Commodores across key formations.
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
Massive traffic crisis unfolds as Lithuania closes border crossings with Belarus, creating unprecedented queues and supply chain disruptions affecting international trade routes.
Breaking: China makes unexpected decision to lift rare earth export restrictions to European Union, reshaping global supply chains and economic dynamics. Official confirmation reveals strategic trade shift.
NVIDIA is shipping 260,000 cutting-edge AI chips to South Korea in a strategic power move that's set to revolutionize the country's artificial intelligence sector and global tech competition.
Nigeria's political landscape undergoes dramatic shift as opposition lawmakers defect to APC, giving the ruling party numerical superiority in the House of Representatives ahead of crucial legislative battles.
Air Vice Marshal Uzodinma Aneke commits to transforming Nigerian Air Force into versatile, disciplined fighting machine to crush terrorism and banditry nationwide.
Poland faces a demographic emergency with birthrates hitting record lows, raising fears of abandoned towns and economic collapse within 20 years without urgent intervention.
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
The Federal Government imposes strict financial requirements on Eko Electricity Distribution Company for Ibadan Disco licence renewal, demanding improved performance and financial stability.
Nigerian energy startup Rana Energy raises $3 million in funding to expand its AI-driven clean energy solutions across Africa, tackling electricity challenges with innovative technology.
World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.
Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.
CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
Federal Government collaborates with Nasarawa State to launch groundbreaking rural electrification initiative, bringing reliable power to underserved communities through innovative mini-grid technology.
German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.
Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.
Four communities in Cross River State celebrate reliable electricity as REA's interconnected mini-grid project delivers 440kWp of clean power, transforming lives and boosting local economy.
Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.
Edo State plunges into political crisis as Governor Godwin Obaseki faces unprecedented challenge with two deputy governors claiming legitimacy in dramatic power struggle.
Significant economic boost expected as 16 vessels carrying petroleum products, general cargo, and containers prepare to dock at Lagos ports this week, enhancing Nigeria's supply chain.