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Naira Weakens Despite Reserves Hitting 17‑Year High
Nigeria’s foreign exchange market remained under pressure last week, with the naira depreciating in the official window even as the country’s external reserves climbed to their highest level in more than 17 years, underscoring persistent structural demand for dollars that continues to outstrip available supply. The...
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News
Nigerian Navy Seizes 63,290 Litres of Illegal Diesel in Rivers Crackdown
The Nigerian Navy has intensified its campaign against crude oil theft and illegal refining activities, intercepting approximately 63,290 litres of...
Lithium Demand to Jump 353% by 2040, Intensifying the Race for Critical Mineral Security
Global demand for lithium, a critical mineral at the heart of electric vehicle batteries and energy storage systems, is projected...
Umahi Urges Cement Manufacturers to Cut Prices Amid Rising Infrastructure Costs
The Minister of Works, David Umahi, has called on cement manufacturers in Nigeria to reduce the price of cement, warning...
Nestlé and Uber Urge Governments to Speed Electrification Push
Global corporations including Nestlé and Uber are intensifying calls on governments to accelerate electrification policies as energy shocks expose vulnerabilities...
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NESG Urges Nigeria to Strengthen Quality Certification for Export Growth
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Lithium Demand to Jump 353% by 2040, Intensifying the Race for Critical Mineral Security
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Spiro Secures $55m Boost as EV Battery-Swap Bet Expands in Africa
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Nestlé and Uber Urge Governments to Speed Electrification Push
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Haldane McCall Considers N250 Billion Capital Raise to Drive Expansion
Technology
Spiro Secures $55m Boost as EV Battery-Swap Bet Expands in Africa
African electric mobility group Spiro has secured an additional $55 million in equity funding...
