Nigeria Becomes Africa’s 2nd-Largest Solar Importer, Trailing Only South Africa
Nigeria has emerged as Africa’s second-largest solar importer, driven by soaring fuel costs and unreliable electricity supply.
Nigeria has emerged as Africa’s second-largest solar importer, driven by soaring fuel costs and unreliable electricity supply.
Tinubu hails capital market growth, pledges deeper reforms as SEC, NGX leaders project ₦300trn market expansion.
Tinubu has approved a six-month ban on raw shea nut export to boost processing, women’s empowerment and $300m annual revenue.
Nigeria bans raw shea nut exports for six months to boost local processing, curb informal trade, and generate revenue.
Governor Aiyedatiwa has inaugurated strategic committee, calling on stakeholders to produce deforestation-free cocoa and strengthen Ondo’s global competitiveness.
Nigeria and Brazil have agreed on direct Lagos–São Paulo flights after Tinubu’s talks with Lula. Air Peace to operate route.
Nigeria’s oil production has risen by 10% year-on-year in July to 1.71m bpd, NUPRC reports, as NNPC warns syndicates.
Nigeria has approved 2024–2027 debt plan, capping debt-to-GDP at 60% by 2027 to strengthen sustainability and stability.
PremiumTrust Bank secures ₦200bn capital base ahead of 2026 deadline, cementing its position as Nigeria’s fastest-growing bank.
The Nigerian National Petroleum Company has reported earnings of N478.2 billion from frontier funds and management fees within seven months.
Fifteen Nigerian companies have achieved a combined revenue of N12.7 trillion in the first half of 2025 despite economic headwinds.
Air Peace has advanced its international growth plans after receiving its fourth Boeing 777 to boost global connectivity efforts.
NNPC and gas suppliers have inked 20-year deals with NLNG to boost feedgas supply
Dangote has defended firms against monopoly claims, urges Africa not to be a dumping ground, insists wealth is clean.
Jaiz Bank’s assets hit N1.08trn; MD Musa pledges support for SMEs, agriculture, infrastructure, and financial inclusion.
NUPRC has finalised marginal field licence review; PENGASSAN urges refinery divestment, revival of dormant oil blocks for production.
The Court of Appeal has ordered the seizure of Zenon Petroleum’s Victoria Island headquarters over a N7.2 billion unpaid judgment debt.
The Federal Government has announced plans to review the national telecom policy, while the NCC will release MNOs’ quarterly reports.
Abia State has benefited from a $750m World Bank programme and partnered with ISA to develop renewable energy mini-grids.
ALTON Chairman Gbenga Adebayo has cited investments, network upgrades, and digital expansion as the drive for the telecom sector’s growth
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