Business

Dangote targets 10 million shareholders in refinery’s IPO

  • 21st September 2026

CNN, others sue Trump over White House media

  • 21st September 2026

CBN offers N500bn treasury bills in final Q3

  • 21st September 2026

Nvidia CEO rejects claims AI could wipe out

  • 21st September 2026

Contact Info

Some Populer Post

FG denies plan to increase electricity tariff

Electricity

Dangote targets 10 million shareholders in refinery’s IPO

Business

NSIA launches $300m renewable energy fund for Nigeria

Energy

CNN, others sue Trump over White House media ban

Business

Tag: Blackouts

Electricity

Blackouts: Manufacturers spent ₦1.34tn on alternative power in 2025

Nigerian manufacturers spent N1.34tn on alternative electricity sources in 2025, as persistent power outages compelled factories to depend on diesel generators and other off-grid energy solutions to keep production running. Exclusive data from the Manufacturers Association of Nigeria obtained by The PUNCH showed that manufacturers’ spending on alternative power climbed by about 21 per cent, […]

News

Gambians protest nationwide as blackouts trigger president’s resignation calls

Thousands took to the streets overnight in The Gambia, burning tyres and chanting against the president in protest over blackouts that have dogged the country since June and recently grown more severe. The rolling power outages, which are occurring during the country’s hot season, have lasted up to 48 hours in some locations. Demonstrators in […]

Electricity

Constant blackouts cost Nigeria 10% of GDP annually — Report

Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its Gross Domestic Product annually, according to an economic brief released by a financial expert, Martins Itua. Vanguard reported that the Director of Arthur Group, Mr Itua, stated that the heavy financial burden of self-generated electricity has become the primary barrier […]

Electricity

Blackout looms as gas suppliers stop deliveries to thermal plants

Nigeria’s electricity challenges could intensify in the coming weeks as gas suppliers suspend deliveries to thermal power plants, citing an estimated N3.3 trillion debt owed by power generation companies. The move threatens to worsen the country’s ongoing power shortage. The Chief Executive Officer of the Association of Power Generation Companies, Dr. Joy Ogaji, warned in […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in