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News

Businessday NG
businessday.ng > news > article > nigerias-lithium-rush-accelerates-as-strategic-mineral-attracts-global-investors

Nigeria's lithium rush accelerates as strategic mineral attracts global investors

2+ hour, 24+ min ago   (491+ words) Nigeria is steadily emerging as one of Africa’s most promising lithium frontiers, with growing investor interest in the strategic mineral raising expectations that the country could unlock billions of dollars in export earnings, attract fresh industrial investments and accelerate its…...

Businessday NG
businessday.ng > technology > article > spiro-targets-net-zero-by-2040-sets-esg-benchmark-for-africas-electric-mobility-industry

Spiro targets net zero by 2040, sets ESG benchmark for Africa's electric mobility industry

13+ hour, 11+ min ago   (632+ words) Spiro, Africa’s largest electric mobility company, on Tuesday unveiled its first Sustainability Report, committing to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2040 and positioning itself among the first electric vehicle companies on the continent to publish a comprehensive…...

Businessday NG
businessday.ng > news > article > octopus-backed-mopo-partners-nigeria-in-75m-battery-plan-investment

Octopus-backed MOPO partners Nigeria in $75m battery plan investment

1+ day, 21+ hour ago   (363+ words) Nigeria’s push towards cleaner energy and electric mobility has received a major boost as MOPO, the battery subscription company backed by UK renewable energy investor Octopus Energy, has entered into a $75 million partnership with Nigerian energy firm Enspect Energy to…...

Businessday NG
businessday.ng > energy > article > sterling-bank-startimes-target-n2bn-solar-financing-by-2026

Sterling Bank, StarTimes target N2bn solar financing by 2026

6+ day, 3+ hour ago   (493+ words) Sterling Bank and StarTimes Nigeria have launched solar financing hubs across selected retail outlets in Lagos, targeting N2 billion in renewable energy financing by the end of 2026 as they seek to expand access to off-grid power for households and small businesses....

Businessday NG
businessday.ng > technology > article > startup-valuation-bubble-under-scrutiny-as-expert-warns-against-growth-without-value

Startup valuation bubble under scrutiny as expert warns against growth without value

6+ day, 18+ hour ago   (654+ words) The sharp decline in SpaceX’s share price following its landmark public listing has spurred questions that startup valuations have become detached from business fundamentals. SpaceX, whose highly anticipated IPO was initially celebrated as one of Wall Street’s biggest technology listings,…...

Businessday NG
businessday.ng > news > article > us-investors-partner-edo-on-e-mobility-manufacturing-initiative

US investors partner Edo on e-mobility manufacturing initiative

6+ day, 23+ hour ago   (346+ words) Edo State has secured a strategic partnership with United States-based investors to establish an electric mobility manufacturing and assembly plant for electric tricycles, marking another step in the state’s drive to attract industrial investments, create jobs and accelerate the transition…...

Businessday NG
businessday.ng > news > article > lawal-inaugurates-200m-lithium-processing-plant-in-zamfara

Lawal inaugurates $200m lithium processing plant in Zamfara

1+ week, 12+ hour ago   (362+ words) Dauda Lawal, Governor of Zamfara State Dauda Lawal, Governor of Zamfara State, has inaugurated a $200 million lithium mining and processing plant in Boko village, Zurmi Local Government Area of the State. The facility, Zamfara Lithium Mining and Processing Plant, is…...

Businessday NG
businessday.ng > technology > article > spiro-bets-on-football-to-speed-up-kenyas-electric-vehicle-adoption

Spiro bets on football to speed up Kenya's electric vehicle adoption

1+ week, 15+ hour ago   (684+ words) Kenya’s largest electric mobility company, Spiro, is taking its campaign for cleaner transport beyond roads and into football stadiums after signing a one-year partnership with Gor Mahia FC, betting that the country’s biggest football fan base can help accelerate the…...

Businessday NG
businessday.ng > news > article > fg-electrifies-13000-homes-businesses-in-rivers-with-12mw-solar-grids

FG electrifies 13,000 homes, businesses in Rivers with 12MW solar grids

1+ week, 4+ day ago   (491+ words) The Federal Government has commenced the development of four solar hybrid mini-grid projects in Rivers State that will provide reliable electricity to more than 13,492 households, businesses and public institutions, further accelerating Nigeria’s drive towards universal energy access and sustainable economic…...

Businessday NG
businessday.ng > news > article > nigeria-opens-west-africas-biggest-lithium-processing-plant-in-shift-from-raw-exports

Nigeria opens West Africa’s biggest lithium processing plant in shift from raw exports

2+ week, 1+ day ago   (801+ words) …eyes value-added mining economy President Bola Tinubu, on Thursday, inaugurated what is described as West Africa’s largest lithium processing plant in Nasarawa State, marking a significant milestone in Nigeria’s drive to shift from exporting raw minerals to domestic value addition…...