Category: Reports & Analysis

Jubril Arogundade, the influential automotive executive popularly known as “Jubril of Lagos,” has laid out an ambitious blueprint that aims to build a unicorn-level brand in the automobile industry within the next five years — a move that directly connects innovation, sustainable mobility, and energy transition across Nigeria and beyond. Arogundade — recognized previously among […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a bold push toward enhanced transparency and digital transformation, led by Commission Chief Executive Mrs. Oritsemeyiwa Amanorisewo Eyesan. Speaking during a visit by the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI) to the NUPRC’s headquarters in Abuja, Eyesan revealed plans to make internal […]

The Minister of Power, Chief Adebayo Adelabu, has directed the Ibadan Electricity Distribution Company (IBEDC) to speed up the deployment of 59,000 free prepaid meters allocated to customers within its franchise area, as part of efforts to improve billing transparency and service delivery. Adelabu issued the directive during a working visit to IBEDC’s headquarters in […]

The Rural Electrification Agency (REA) has revealed plans to spend ₦100 billion in 2026 on deploying hybrid mini-grid systems across government agencies within and beyond Abuja — a major push toward enhancing reliable power supply and reducing reliance on the national grid. Managing Director Abba Aliyu disclosed the plan during the agency’s 2026 budget defence, […]

Africa’s richest man, Aliko Dangote, has achieved a historic milestone by becoming the first African to reach a net worth of $30.2 billion, according to the latest data from the Bloomberg Billionaires Index. The Nigerian industrialist, renowned for his vast business empire spanning cement, sugar, salt, and oil refining, has further solidified his status as […]