Trump Media Merges with Fusion Firm in $6B Deal
Trump Media announces a $6 billion merger with TAE Technologies, pivoting to fusion energy to power AI. Share price surges 25%. Full details inside.
Category : Search result: AI power demand
N200m Ransom Demanded for Kidnapped Ex-Customs Officer
Gunmen demand N200 million for the release of retired customs officer Emmanuel Owolabi, abducted in Osun. Community leaders and security forces are combing the bush. #Kidnapping #OsunSecurity
Jubaili Bros Leads Nigeria's Sustainable Energy Transition
Jubaili Bros, a key player in Nigeria's power sector, is driving the transition to sustainable energy with solar-hybrid systems and strategic partnerships. Discover how they are redefining reliable power.
Naira resilient despite festive dollar demand surge
The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.
Naira Drops to N1,454/$1 Amid Festive Dollar Demand
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.
Ex-Adamawa Councilor Killed, Sons Abducted
Former Madagali councilor Shamalsinmi Umaru was shot dead at home. His two sons were abducted, with kidnappers demanding a N7m ransom. The family pleads for help as the deadline looms.
DisCos Exposed: Power Firms Fail Nigeria, Focus on Revenue
An insider reveals how DisCos like AEDC fail to deliver power, neglect infrastructure, and focus solely on revenue. The Senate declares privatization a failure. Read the full exposé.
Bandits Kidnap Father, Son, Widow in Kwara
Armed bandits strike in Kwara, kidnapping a father, his son, and a widowed mother of four. One victim escapes, while a N100 million ransom is demanded. Read the latest on the security crisis.
Power Outage Cripples Life in Adamawa, Taraba
A planned week-long power outage in Adamawa and Taraba states disrupts daily life and businesses. Residents face darkness as YEDC conducts critical maintenance. Read more.
FG Launches Committee for Reliable Power in Health Facilities
The Federal Government has inaugurated a committee to ensure sustainable electricity in all health facilities. This move aims to save lives and improve healthcare delivery nationwide.
Christmas Cash Demand Hits New Highs in Nigeria
Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.
Abia's 2027 Power Tussle: Otti, Kalu, Umahi, Kalu Vie for Tinubu
A fierce political battle is raging in Abia State as Governor Alex Otti, Deputy Speaker Benjamin Kalu, Senator Orji Uzor Kalu, and Minister Dave Umahi compete for President Tinubu's support. This rivalry threatens governance and early 2027 electioneering.
Transafam Unveils Health Programme for Host Community Elders
Transafam Power Limited has launched an annual Elderly Wellness Day in Okoloma-Afam, Rivers, providing medical care and supplies. The initiative underscores its commitment to community health beyond power generation.
Reps query Azura Power over N18bn undisclosed payments
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
Taxtech: New Law Raises Low-Income Spending Power
Taxtech explains Nigeria's new progressive tax law: minimum wage earners pay zero tax, low-income workers see lower rates, boosting purchasing power. High earners pay more.
DisCos Record N45b Revenue Shortfall in September 2025
NERC data reveals electricity distributors collected N196.26b of N241.54b billed in September 2025, creating N45.28b shortfall. Collection efficiency improved to 81.25%. Discover which DisCos performed best.
RICS Deepens Nigeria Partnerships as Green Building Demand Slows
RICS commits to strengthening Nigeria's built environment standards while warning of slowing global demand for sustainable buildings. MEA region shows continued growth in green construction.
Kidnappers Demand ₦100m for Abducted Man in Kogi
A Nigerian family pleads for help after kidnappers abducted their relative along Obajana Road in Kogi State. The widow's son was traveling in an 18-seater bus when gunmen struck. Support needed urgently.
TECNO Powers AFCON 2025 with New Campaign
TECNO unveils 'Power Your Moment' campaign as AFCON 2025 global partner. Features Joeboy collaboration, AI experiences, and creator initiatives across Africa.
Kogi Kidnapping: N60m Ransom Demand for Mother
A Nigerian man shares heartbreaking update about his mother kidnapped in Kogi. Kidnappers demand N60 million ransom while victim suffers in captivity. Read full story.
Naira crashes to N1,443.91/$ as festive demand surges
Naira depreciates across all market segments as year-end FX demand intensifies. Expert analysis reveals why the pressure may continue through December despite rising external reserves.
Doctor Cries for Help as Kidnappers Hold Pregnant Sister
A Nigerian doctor cries for help after kidnappers released a video of his pregnant sister and husband in captivity in Edo State. The family demands N50 million ransom for their release.
$2bn Power Investments Flow into Nigeria After Reforms
Nigeria attracts over $2 billion in energy investments due to Electricity Act 2023 reforms. Minister Adelabu reveals decentralized power market driving investor confidence nationwide.
House Committee Summons Agencies Over Power Probe Evasion
House of Representatives committee summons BPP, Budget Office, AGF for evading oversight on power sector reforms investigation. Agencies given December 8 deadline to appear.
Anambra Issues FirstPower 1-Year Electricity License
Anambra State grants FirstPower Electricity Company a one-year interim distribution license under new state regulatory framework. Historic move aims to boost power supply across the state.
Pregnant Couple Abducted in Edo, N50m Ransom Demanded
A pregnant couple kidnapped in Edo state begs for help as captors demand N50 million ransom and threaten assault. Family raised only N7 million. Government intervention urgently needed.
Pregnant Sister, Husband Abducted in Edo: N50m Ransom Demand
Nigerian doctor cries out as kidnappers abduct pregnant sister and husband in Edo State, demanding N50 million ransom. Family pleads for help amid security crisis.
Kwara 2027: APC Pushes for Power Shift to North
Kwara APC stakeholders and governorship aspirants from the Northern Senatorial District have agreed to unite and ensure the zone produces the next governor in 2027. Read the full story.
Kaduna Anglican Priest Killed, Wife Still Held Captive
Family reveals Anglican priest Venerate Edwin Achi was killed days before kidnappers posted photos. His wife Sarah, a customs officer, remains captive with N600m ransom demand.
Abducted Kaduna Anglican Priest Dies in Captivity
Venerable Edwin Achi, kidnapped with wife and daughter in Kaduna, has died after one month in captivity. Bandits demanded N600 million ransom. Read full details.
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