Nigeria’s power sector tensions have escalated as the Federal Government and electricity generating companies (GenCos) clash over outstanding debts. The Minister of Power, Adebayo Adelabu, revealed that the government’s verified liabilities may be closer to ₦4 trillion. Significantly lower than the ₦6.3 trillion figure widely reported by industry stakeholders. This disagreement highlights ongoing issues around…
President Bola Ahmed Tinubu has approved a major expansion of the Presidential Initiative on Compressed Natural Gas (PiCNG) to also cover electric vehicles (EVs) — a move aimed at transforming Nigeria’s transport sector. The programme will now be called the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (PiCNG & EV) and will serve…
The Governor of Lagos State has commissioned Irele Tower, a modern office facility located within the Lagos Free Zone. The new development marks another milestone in transforming the Lekki-Epe corridor into a hub for business, innovation, and sustainable infrastructure. What Makes Irele Tower Stand Out Irele Tower is not just another office building — it…
Nigeria and Finland have taken a major step toward strengthening their tech ecosystems by signing a Memorandum of Understanding (MoU) focused on digitalisation and innovation. However, The agreement signals a growing global collaboration aimed at accelerating digital transformation and economic growth in both countries. Key Players Behind the Deal Note, The MoU was signed by:…
Airtel Africa has successfully tested direct-to-cell satellite service powered by SpaceX’s Starlink Mobile in remote parts of Kenya. However, The test was conducted in areas with no terrestrial mobile signal, marking a major step toward solving one of Africa’s biggest connectivity challenges. What Is Direct-to-Cell Technology? Unlike traditional networks that rely on cell towers, direct-to-cell…
The Federal Government of Nigeria has shortlisted 65 outstanding student innovators for the final stage of the Student Venture Capital Grant (S-VCG). The initiative, driven by Bola Tinubu, aims to fund and scale high-impact, student-led ventures across Nigeria. From Thousands to the Final 65 The selection process was highly competitive: This highlights the growing wave…
Skypixels has made history by unveiling Nigeria’s first large-scale drone light show, marking a major leap in the country’s tech and entertainment landscape. The innovation introduces a new form of aerial digital display, powered by advanced drone technology. What Is a Drone Light Show? A drone light show uses dozens—or even hundreds—of synchronized drones equipped…
Newly launched Veta Origin has made headlines after rejecting a $500,000 investment offer from a U.S.-based venture capital firm. In a move that’s turning heads in the tech space, the startup says it is prioritizing building solutions for Africans first before taking on foreign funding. Why Veta Origin Said No Unlike many startups eager for…
Energy leaders from Benin, Cabo Verde, Côte d’Ivoire, Nigeria, and Senegal are set to visit the United States to explore partnerships aimed at transforming the region’s power grids systems. Also, The trip reflects a growing urgency to modernize electricity power grids and improve energy reliability across West Africa. USTDA Leads Strategic Initiative The mission is…
Muhammadu Sanusi II has received ₦442 million (approximately $324,000) in remuneration from MTN Group for the 2025 financial year. The payment reflects not only his role within the company but also the broader financial performance of one of Africa’s largest telecom operators. What’s Driving the Increase The earnings are tied to improved financial results recorded…
