South Korea unveils $1.2 trillion AI and chip investment plan
South Korea announces a $1.2 trillion public-private investment in AI data centres and semiconductor manufacturing, led by Samsung and SK hynix, to boost global tech leadership.
Category : Energy Power
Out There Media and Pulse Africa Form Digital Ad Superpower
Out There Media and Pulse Africa partner to create a digital advertising superpower across Africa, combining Mobucks™ technology with Pulse's local execution to reach 300M subscribers.
TCN Shuts Down Power Supply in 5 Nigerian States for Maintenance
Millions face electricity disruption as TCN shuts down supply in 5 northern states for planned maintenance at Kumbotso substation, affecting Kano, Katsina, Jigawa, Bauchi, Yobe, and Gazaoua in Niger Republic.
China launches 10G internet: How Nigeria compares
China launches world's first commercial 10G broadband network with 10 Gbps speeds, downloading HD movies in seconds. Nigeria still expanding 5G and fibre, with 10G a long-term goal.
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Earthquakes Kill 32, Injure 700 in Venezuela: State of Emergency
Two powerful earthquakes in Caracas, Venezuela, have killed at least 32 people and injured over 700. Acting President Delcy Rodriguez declared a state of emergency and closed the airport.
Stakeholders Discuss Sustainable Growth at Summit
ESG Impact Consulting announces the 2026 Nigeria ESG Sustainability Summit on July 3 at Lagos Oriental Hotel, focusing on integrating ESG principles across sectors for sustainable development.
TranESS Unveils New Industrial Energy Storage Solutions
TranESS launches innovative energy storage solutions in Lagos, including DYQUE 125kW/241kWh system, to boost energy resilience and reduce costs for Nigerian businesses.
Binatone BPS 2400: Reliable Backup Power Station
The Binatone BPS 2400 Portable Power Station offers 2400W capacity, app connectivity, solar charging, and a 12-year LiFePO4 battery. Perfect for work, home, and small businesses during outages.
GenCos Warn of Fresh N1 Trillion Debt, Stranded Power
Power generation companies in Nigeria raise alarm over looming N1 trillion debt and stranded capacity exceeding N2.376 trillion, urging government intervention to stabilize the sector.
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FG Moves to Crash Cooking Gas Prices, Orders More LPG Imports
The Federal Government has ordered increased LPG imports to tackle soaring cooking gas prices, which have hit N2,500/kg in parts of Nigeria, aiming to stabilize supply and reduce household costs.
Aso Rock to quit national grid after N47bn power bill
Aso Villa plans to disconnect from the national grid and operate on solar power after an annual electricity bill of about N47 billion, officials have said.
Over 1,000 Mini-Grids Under Development in Nigeria
President Tinubu announces over 1,000 mini-grids under development nationwide to expand electricity access to underserved communities, universities, markets, and hospitals.
Nigeria to Invest $11bn in Solar for Electricity Boost
Nigeria plans to invest $11 billion in 53 solar projects to expand generation capacity to 209,000MW by 2050, aiming to provide electricity to 17.5 million people and reduce generator dependence.
Nigeria, China Mobile Sign Deal for Regional Cloud Data Centre
Nigeria's 21st Century Technologies and China Mobile International partner to expand regional sovereign cloud platforms and AI-enabled digital infrastructure in Lagos.
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Power Minister Promises Improvement, Not 24-Hour Supply
Nigeria's new Power Minister Joseph Tegbe vows visible improvements in electricity supply but cautions against expecting immediate 24/7 power. He cites ongoing reforms.
Tinubu Commissions Abuja Road, Vows Infrastructure Push
President Bola Tinubu commissions Arterial Road N5 in Abuja, pledges continued infrastructure development to transform the capital into a modern city.
NRS Deploys Rev360 to Boost Voluntary Tax Compliance
The Nigeria Revenue Service unveils Rev360, a digital tax platform to enhance voluntary compliance, transparency, and taxpayer experience, with 600,000 taxpayers onboarded.
Lagos IPP Advancement: Pathway to Energy Decentralisation
Lagos State's PPA with three IPP firms marks a shift from centralised grid to decentralised energy, aiming for reliable power and economic growth, bypassing national grid failures.
Windstorm Collapses Power Tower, Disrupts Yola Electricity
A windstorm collapsed a 33kV power tower in Yola, Adamawa, causing electricity disruptions. YEDC restored partial supply but several feeders remain affected.
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Tinubu's major road projects since taking office in 2023
President Bola Tinubu has commissioned several major road projects since 2023, including the Lagos-Calabar Coastal Highway and Abuja expressways, to boost infrastructure and economic growth.
Tinubu Vows Sustained Infrastructure Investment, Commends Wike
President Tinubu reaffirms commitment to infrastructure as key to economic growth, commissioning Abuja's Outer Southern Expressway and praising FCT Minister Wike.
Tegbe Vows Reforms, Accountability as Power Crisis Deepens
New Power Minister Joseph Tegbe pledges honesty and diligence amid Nigeria's electricity crisis, with output at 4,853 MW against 13,600 MW capacity and sector debt over N6 trillion.
TCN, AfDB Battery Storage Plan to Stabilise Nigeria Grid
TCN and AfDB hold validation workshop for Battery Energy Storage Systems to improve grid stability and integrate renewable energy in Nigeria.
Power Supply Improved Across Nigeria in Last Four Weeks
Minister of Power Joseph Tegbe announced that power supply has improved across Nigeria in the last four weeks, crediting President Tinubu and stakeholder commitments.
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ARM-Harith Raises $76m for Climate Infrastructure Fund
ARM-Harith closes first tranche of $76 million for its Climate Transition Fund, targeting $200 million to finance climate-resilient infrastructure across sub-Saharan Africa.
Ogun Waste Managers Warn of Imminent Disposal Crisis
The Association of Waste Managers of Nigeria warns Ogun State faces a waste crisis due to rising costs, delayed payments, and unfavourable policies by OGWAMA.
Dangote Cement enhances transport safety via AI telematics
Dangote Cement deploys AI and telematics to enhance transport safety, reducing crashes by 56% and fatalities by 36%, earning FRSC commendation.
Nigeria Unveils First Gas, Power Infrastructure Map at NOG Week
Nigeria will launch its first comprehensive Gas and Power Infrastructure Map at NOG Energy Week, addressing data gaps to boost investment in the energy sector.
Otu Unveils Climate Plan, Sets 2027 Styrofoam Ban
Governor Bassey Otu launches Calabar Resilience Agenda 2026, including electric buses, green jobs, and a Styrofoam ban from January 2027 to combat flooding and pollution.
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FG Flags Off Gombe-Biu-Maiduguri Highway Reconstruction
The federal government has officially flagged off the reconstruction of the Gombe-Biu-Maiduguri highway, a strategic road that has suffered decades of neglect despite multiple contract awards.
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