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Sahara Power Targets Q1 2027 Completion for $12m Lagos Power Plant
Indigenous energy company, Sahara Power Enterprise Group (SPEG), has commenced construction of a $12 million, 12-megawatt Independent Power Plant (IPP) in Lagos, with completion targeted for the first quarter of 2027. The project is expected to strengthen electricity supply to businesses, industries, homes and public institutions...
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Nigeria Cocoa Exporters Face Costly EU Deforestation Test
Nigeria’s cocoa exporters are spending heavily to preserve access to the European Union market as stricter deforestation rules approach, while...
Nigeria’s Airline Cost Crisis Deepens Despite Jet Fuel Relief
Nigeria’s domestic airlines are receiving some relief from aviation-fuel prices, but expensive financing and other operating costs continue to squeeze...
Nigeria’s Fintech Giants Race Into Banking and Lending
Nigeria’s fintech industry is entering a new phase as major technology companies move beyond payments and deepen their push into...
Tokunbo Car Prices Still High Two Months After Nigeria’s Import Levy Cut
Nigeria’s Tokunbo car market has yet to see a broad decline in vehicle prices nearly two months after the Federal...
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Technology
NCC Pushes Homegrown Tech
The Nigerian Communications Commission (NCC) has called for stronger investment in locally developed technology,...
