Adebayo Adelabu has made a bold pledge to ramp up electricity generation to 6,000 megawatts (MW) within the next six months. This announcement comes amidst ongoing...
The World Bank’s latest report on the economic outlook for Western and Central Africa has highlighted Nigeria’s sluggish economic growth as a significant factor impeding the...
Fitch Ratings has downgraded China’s economic outlook to negative, citing concerns over the country’s mounting debt and the ongoing slump in its real estate sector. This...
The much-anticipated Siemens $2.3 billion power project in Nigeria has taken a significant step forward with the arrival of crucial infrastructure – transformers and substations. This...
Goldman Sachs Group Inc. has raised concerns over the potential ramifications of President Donald Trump’s proposed tariff escalations on Chinese imports. The renowned financial institution’s analysis...
Former Vice President Atiku Abubakar has said the recent hikes in electricity tariffs imposed by the Tinubu administration will exacerbate the suffering of Nigerians already grappling...
The Federal Government finds itself embroiled in a fierce backlash following its decision to implement a 240% increase in electricity tariffs, particularly for Band A consumers....
Kenya’s Central Bank has opted to maintain its benchmark interest rate at a 12-year high. The Monetary Policy Committee, led by Governor Kamau Thugge, announced on...
The Nigerian Electricity Regulatory Commission (NERC) has sent shockwaves across the country by approving a significant increase in electricity tariffs for Band A classification customers. This...
Amidst a nationwide energy crisis plaguing Nigeria, the country finds itself in a paradoxical situation as abundant natural gas resources intended to alleviate power shortages are...