Axxela Wins Carbon Reduction, Sustainability Awards 2025
Axxela Limited secures double honours at the 2025 Social Impact Awards for cutting CO2 emissions by over 703,000 tonnes. Discover how they're driving Nigeria's clean energy transition.
Category : Search result: energy market
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
All On's Clean Energy Reaches Over 1 Million Nigerians
All On's 2025 Impact Report reveals its clean energy investments have improved lives for over one million Nigerians. Discover how strategic funding is bridging the energy gap.
Fire guts Jos Main Market, destroys shops worth millions
A major fire has gutted sections of Jos Main Market, destroying goods worth millions of naira. Authorities are investigating the cause. Read the latest details and the market's history with fires.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Osun Trains 1,000 in Waste-to-Energy Conversion
Osun State empowers 1,000 youths and women with practical skills to convert waste into clean energy and income. The initiative targets green entrepreneurship and a circular economy.
Clean Energy Improves Lives of 1 Million Nigerians
A new report reveals strategic clean energy investments have powered over 230,000 Nigerian homes and businesses, improving health and economic prospects. Discover the impact.
Lady's Viral Encounter Exposes Fake Prophet in Lagos Market
A Nigerian lady's hilarious encounter with a fake prophet at Tejuosho Market goes viral. She shut down his false prophecy about her late father, sparking reactions and similar stories online.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Nigerian Stock Market Gains N245 Billion
The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.
Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
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.
Ethiopia Leads Africa's Energy Shift with Gas-by-Rail Vision
Ethiopia signs a landmark deal to launch a 73,500km gas-by-rail network, aiming to bring clean energy to 1.2 billion Africans. Read about this ambitious continental transformation.
Nigerian Varsity Tops Africa's Energy Innovation Challenge
Joseph Sarwuan Tarka University's Energiv project wins Schneider Electric's 2025 Battery Innovation Challenge. Discover how African students are powering the continent's sustainable energy future.
Nigerian Equities Market Gains N997bn in Week
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
Naira Falls as CBN Releases New FX Rate, Gap Widens
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
Leaders Call for Transparent, Efficient Capital Market in Nigeria
At the PEARL Awards 30th anniversary, leaders like Udoma Udo Udoma and Governor Peter Mbah emphasized transparency and innovation in Nigeria's capital market as key to sustainable growth and infrastructure development. Discover the insights.
Turkey Warns Moscow, Kyiv on Energy Infrastructure
Turkey's Energy Minister warns Russia and Ukraine against targeting energy facilities after Black Sea drone attacks. Disruption would hit global markets and daily lives. Read more.
Fire guts Abuja wood market, destroys property worth millions
A devastating fire swept through Abuja's Jabi wood market, destroying shops and goods worth millions of naira. Firefighters contained the blaze with no casualties reported. Traders appeal for government aid.
EU Agrees to Ban All Russian Gas Imports by Autumn 2027
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
Major Fire Guts Jabi Wood Market in Abuja
A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.
Nigeria Stock Market Gains N1.29trn, ASI Rises 1.20%
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
EU to Ban All Russian Gas Imports by Autumn 2027
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
Expert Calls for Urgent Reforms in Nigeria's Energy Sector
Dr. Chinedu Ogwus calls for science-driven reforms in Nigeria's energy sector, highlighting a $28bn annual loss and unreliable power for 70 million citizens. Discover the roadmap for change.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
SEC Nigeria's Reforms Fuel Historic Market Growth
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
Nigeria Capital Market Shifts to T+2 Settlement Cycle
Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.
Akume: Africa Must Lead Tech Energy Revolution
SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.
MMC 7.0: Energy Leaders Converge in Lagos
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
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