By Ayomide Otitoju The African Energy Chamber (AEC) has signed a Memorandum of Understanding (MOU) with (B)energy, developer of the ccCASH initiative, to create a pan-African mechanism for financing clean cooking solutions, a move aimed at making households active participants in Africa’s energy transition. Africa faces a significant energy challenge, with over 200 million households…
By Ayomide Otitoju A pioneering carbon capture and storage (CCS) project off the Danish coast is set to transform the North Sea from an oil-producing region into a carbon storage hub. The Greensand project, led by British chemicals giant Ineos, will begin injecting imported European CO₂ beneath the seabed in the coming months. Located 170…
By Ayomide Otitoju JMG Limited has commissioned hybrid solar power systems at three NIPCO Plc fuel stations, enabling the outlets to significantly reduce diesel dependence and achieve annual energy cost savings of over ₦44 million. The installations, completed between May and June 2025, were carried out at NIPCO stations in Gwagwalada, Lekki and Mpape. The…
By Ayomide Otitoju MTN Nigeria has marked the Yuletide season with a curated Prestige Experience, celebrating Nigerians through an evening dedicated to connection, culture and shared moments as part of its annual Y’ellotide festivities. The event, held on Friday, December 19, at The Royal Box, Victoria Island, Lagos, brought together customers, partners and stakeholders in…
By Ayomide Otitoju A senior executive of MTN Nigeria on Tuesday described Africa as being at a defining moment in its history, declaring that the continent has moved from being the subject of global narratives to becoming the author of its own story. Speaking while receiving the CEO of the Year award at a high-level…
The European Union has criticised China’s decision to impose duties of up to 42.7 per cent on certain dairy products from the bloc, describing the move as unjustified amid an intensifying trade dispute between the two economic powers. China’s Ministry of Commerce announced on Monday that it would introduce “duty deposits” ranging from 21.9 per…
By Ayomide Otitoju The Presidency on Monday addressed the controversy surrounding the newly enacted tax reform laws scheduled to take effect on January 1, 2026, dismissing claims that the versions signed into law differ from those passed by the National Assembly. The intervention followed calls by former Vice President Atiku Abubakar, Labour Party’s 2023 presidential…
By Ayomide Otitoju Lagos came alive with automotive excitement as the fourth edition of the Eko Drive Exhibition (Eko Drive IV) showcased the city’s growing car culture. Held at Alliance Française de Lagos, Ikoyi, the event drew car enthusiasts, luxury vehicle owners, bikers, creatives, and lifestyle aficionados, cementing Eko Drive’s reputation as a premier platform…
By Ayomide Otitoju Nigeria’s leading indigenous integrated energy company, Heirs Energies, has secured a $750 million financing facility from the African Export–Import Bank (Afreximbank), marking one of the largest financings ever obtained by an indigenous African energy firm. The transaction was formalised at a signing ceremony held in Abuja on Saturday, December 20, 2025, attended…
