Nigeria's Power Grid Operates at 40% Capacity
Nigeria's electricity crisis deepens as power plants generate only 5,000MW despite 13,000MW capacity. Transmission failures and DisCo inefficiencies blamed for the massive gap.
Nigeria's electricity crisis deepens as power plants generate only 5,000MW despite 13,000MW capacity. Transmission failures and DisCo inefficiencies blamed for the massive gap.
Bulgaria takes control of Lukoil's Neftochim refinery to avoid US sanctions. Learn how this affects fuel supply in Southeast Europe and the search for new buyers.
The National Assembly is strengthening a bill with stricter penalties to tackle energy theft and help DisCos recover huge government debts, boosting Nigeria's power sector. Read more.
Nigerian singer Zlatan Ibile explains why investors prefer buying houses over investing in artists. Exclusive interview reveals industry changes and family values.
Nigeria's housing sector faces severe inflation challenges. Discover how professional valuation helps investors navigate risks in Lagos, Abuja, and Port Harcourt markets. Learn key strategies.
NEM Insurance Plc strengthens market leadership with N165.46bn assets in Q3 2025. Insurance revenue surges 55% to N107.44bn. Discover how they achieved this remarkable growth.
Brithomes and London Square host exclusive UK property investment showcase in Lagos on November 25, 2025. Event targets high-net-worth investors seeking global wealth preservation.
Association of Issuing Houses of Nigeria recognizes companies thriving despite economic headwinds. See award winners and market outlook for 2025.
Universal Insurance Plc reports N1.13bn post-tax profit for nine months ending September 2025, marking 388% growth. Driven by investment gains and premium growth. Read full analysis.
Samsung announces massive $310 billion investment to power AI expansion, including new semiconductor plants and data centers. Discover how this impacts global tech landscape.
Abia State announces 21 Turkish investors registered for investment summit. State officials guarantee security and promising returns for businesses exploring opportunities in Nigeria.
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
A new initiative, Diaspora Returns, aims to transform Nigeria's economy by converting $10bn annual remittances into structured investments, creating jobs in key sectors.
A Nigerian man's viral TikTok video claims marriage is a guaranteed failure and a bad life investment, sparking intense online debate about modern relationships.
Google announces its largest-ever investment in Germany with €5.5 billion for data centers and AI infrastructure, creating 9,000 jobs annually by 2029.
IFAD calls for urgent investment in Nigeria's young population to transform agriculture, ensure food security, and unlock massive economic potential through innovative farming solutions.
A groundbreaking partnership between a Lagos-based technology company and the Global Skills Development Council aims to revolutionize digital education and create new career opportunities for Nigerian youth.
Nigeria and France have strengthened economic ties with massive investment deals across multiple sectors including agriculture, technology, and infrastructure during high-level ministerial talks.
Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.
Leading glass and packaging manufacturer Beta Glass PLC has made significant investments in community development while generating massive economic value for Nigeria's economy through job creation and local content.
Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.
Leading Nigerian agro-industrial company Presco Plc announces strategic ₦23.7 billion rights issue to finance expansion projects and boost palm oil production capacity across Nigeria.
Groundbreaking report reveals Abia and Ogun states are outpacing others in health sector investments, signaling a major shift in Nigeria's healthcare landscape. Discover how these states are setting new standards for medical infrastructure and funding.
Nigerian agro-industrial giant Presco Plc unveils ambitious ₦250 billion rights issue to finance expansion projects and strengthen market position in the competitive palm oil sector.
Nigerian agribusiness giant Presco Plc announces massive ₦237 billion rights issue to drive expansion, strengthen market leadership, and enhance production capacity across West Africa.
Nigerian agribusiness giant Presco Plc unveils ambitious ₦250 billion rights issue strategy to accelerate expansion, strengthen market leadership, and enhance production capacity across West Africa.
Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.
Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.