Experts push renewables to tackle Nigeria’s power crisis
By Udeme Akpan Power sector experts have called for accelerated deployment of renewable energy and microgrids to address Nigeria’s persistent electricity supply challenges and reduce dependence on the national grid. Speaking in separate interviews with Vanguard at the recently concluded Nigeria Energy Summit in Lagos, they said decentralised power solutions would improve electricity access, particularly […]
Highly capitalised stocks push gain to N2trn in October
The Nigerian stock market strengthened Month-on-Month (MoM), in October 2026, as renewed buying interest in heavyweight stocks lifted the benchmark
Banks raise lending rates for top borrowers despite CBN cuts
“The divergence reflects the uneven transmission of monetary policy into bank lending rates, alongside differences in how individual banks price credit”
Aradel reports strong 9-months operating performance
•As production skyrocketed •Returns to net cash By Emeka Anaeto, Business Editor Aradel Holdings Plc has reported impressive output growth and financial performance for the period covering first nine months of 2026. The development followed the consolidation of ND Western and Renaissance into the Group, alongside higher production volumes, which ramped up production to 144.7 […]
Afreximbank, APPO establish Africa Energy Bank
African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organisation (APPO) have established the Africa Energy Bank (AEB).
NESG: Nigeria’s high production costs threaten industrial competitiveness
By Favour Ulebor The Nigeria Economic Summit Group has warned that high production costs, unreliable electricity and poor logistics infrastructure are undermining Nigeria’s industrial competitiveness, calling for a council within the Presidency to coordinate industrialisation policies. Co-facilitator of the NESG, Lumun Feese, said Nigeria needed a coordinated approach to industrial development to address structural challenges […]
