Swiss healthcare company Roche Diagnostics has inaugurated a new legal entity in Nigeria, aiming to improve access to innovative healthcare and strengthen diagnostic capabilities across West Africa. The announcement was …
Energy
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Business and EconomyEnergyHealthcareInfrastructureInternational RelationsINVESTMENTTechnologyTrade and Commerce
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Business and EconomyEconomyEnergyInfrastructureInternational RelationsINVESTMENTNigeriaTrade and Commerce
US Replaces Aid with $13bn Investment in Nigeria, Targets Agriculture, Tech, and Infrastructure for Economic Growth
The United States Ambassador to Nigeria, Richard Mills Jr., has announced a strategic shift in U.S. engagement with Nigeria and sub-Saharan Africa, moving from traditional aid to a focus on …
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AgricultureDevelopmentEnergyEnvironmentHealthcareInnovation
KoolBox Launches KoolBuy to Expand Solar Refrigeration Access in Nigeria
As part of efforts to tackle Nigeria’s energy poverty and climate crisis, energy technology company KoolBox has unveiled KoolBuy, a new platform aimed at expanding access to solar-powered refrigeration for …
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DevelopmentEnergyEnvironmentInfrastructurePolicies
Experts, Civil Society Push for Legal Reform to Attract Renewable Energy Investment in Cross River
A coalition of civil society organisations and energy experts has called for the establishment of a robust legal and regulatory framework to attract investment into Nigeria’s renewable energy sector, particularly …
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EnergyGOVERNMENTInfrastructureNigeriaPolicies
FG Backs Cost-Reflective Electricity Tariff, Plans Targeted Subsidy for Poor Nigerians
The National Council on Power has agreed to introduce a cost-reflective tariff for electricity in Nigeria. This move is aimed at reducing the N200 billion monthly electricity subsidy being paid …
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DevelopmentEnergyEnvironmentNigeriaTechnology
FG Launches Solar Power Project to Light Up Ibeju-Lekki Communities
The Federal Government has launched a solar electricity project aimed at bringing clean and steady power to homes and small businesses in Ibeju-Lekki, Lagos State. The project, tagged ‘Light-Up Ibeju-Lekki’, …
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BusinessEconomyFinance & ServicesMarketsOil & Gas
Nigerian Equities Market Hits ₦71 Trillion as Oando, 30 Stocks Drive Gains Amid Oil & Gas Sector Slump
The Nigerian equities market extended its bullish rally on Tuesday as the overall market capitalisation crossed the ₦71 trillion mark, driven by strong performances from Oando Plc and 30 other …
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BusinessEastern AfricaEnergyEnvironmentGOVERNMENTInfrastructureNigeriaWestern Africa
FG Commissions First LCNG Hub in North-East, Targets Cheaper and Cleaner Energy for Nigerians
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has officially commissioned Nigeria’s first Liquefied to Compressed Natural Gas (LCNG) hub in Yola, Adamawa State. The project, developed by …
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AfricaDevelopmentEconomyEnergyInfrastructureNigeriaOil & Gas
Nigerian Oil Companies Now Lead Nation’s Crude Production as Indigenous Firms Surpass 50% Output Share
Nigeria’s oil and gas industry is undergoing a major transformation as local oil companies now produce more than half of the country’s total crude oil output. This development marks a …
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BusinessEconomyEnergyInfrastructureINVESTMENTOil & Gas
Local Oil Firms Drive New Growth Phase in Nigeria’s Energy Sector
Nigeria’s oil and gas sector is undergoing a major transformation, driven by local companies stepping into roles traditionally held by international oil majors. With a wave of asset divestments by …