EV News
EV News
adminisChairman of the Dangote Group, Aliko Dangote, has projected that the naira could strengthen to as low as N1,100 to the dollar this year, driven by the Federal Government’s industrial and economic reform policies. Dangote, however, noted that the only factor that could prevent such appreciation is if the Federal Government deliberately allows the…
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adminisBlessing Ibunge writes on the outcome of the Nigeria International Energy Summit that took place in Abuja The 2026 Nigeria International Energy Summit recently held in Abuja, with the theme, “Energy for Peace and Prosperity: Securing our Shared Future.” It examined how performance-driven local content can shift Africa from compliance to genuine industrial competitiveness,…
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adminisGLNG Funding SPV PLC has announced the offer of up to N7.5 billion Series 4 Commercial Paper under its established N30 billion Commercial Paper Programme. This issuance marks the Issuer’s third entry into the Nigerian short-term debt market, following its successful Series 1 issuance in July 2025, which was oversubscribed by 3%, and its successful…
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adminisKatsina State Governor, Malam Dikko Umaru Radda, has unveiled the first Compressed Natural Gas (CNG) station in the state, describing the project as a historic step toward energy security, economic growth, and environmental sustainability. Governor Radda made the declaration during the inauguration of the Greenville LNG–CNG Hub Station, noting that the project reflects the…
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adminisBEIJING, CHINA – Media OutReach Newswire – 11 February 2026 – As China marks Xiaonian, or Little Chinese New Year, there is growing evidence of its ancient traditions evolving into global lifestyle trends. CGTN published an article analyzing how this prelude to the Year of the Horse – from the folk ritual of “sweeping…
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adminisBy Adewale Sanyaolu Despite producing over half of Nigeria’s crude, local operators are currently facing cost pressures that could stall investment and growth, the Indigenous Petroleum Producers Group(IPPG), has warned. Speaking at the Nigerian International Energy Summit (NIES) which ended in Abuja, last week, Chairman of IPPG, Mr. Adegbite Falade, cautioned that…
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adminisChina’s electric vehicle sector, long a global growth engine, showed clear signs of strain in January 2026, with leading player BYD reporting its lowest monthly domestic sales in nearly two years amid weakening consumer demand, policy shifts, and intensifying price competition. The slowdown reflects broader challenges in the world’s largest auto market, where overcapacity,…
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adminisFor decades, Kogi State has been defined by the famous meeting point of the Niger and Benue rivers. However, following President Bola Tinubu’s signing of the Electricity Act (Amendment) Bill 2025, the “Confluence State” will witness a much more lucrative partnership: a cocktail of massive natural energy reserves and an industrial revolution. As the…
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adminisNigeria and South Korea have agreed to establish an electric vehicle (EV) manufacturing plant and charging infrastructure, aimed at boosting local production and EV adoption. The Memorandum of Understanding (MoU) was signed by John Enoh, minister of State for Industry, and representatives of South Korea’s Asia Economic Development Committee (AEDC). The National Automotive Design…
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adminisThe Legacy Support Group for Asiwaju Bola Ahmed Tinubu’s Renewed Hope Agenda has reaffirmed its backing for the Federal Government’s reform policies, declaring support for what it described as a long-term recovery framework aimed at building a more stable and prosperous Nigeria. Speaking at a press conference, the group’s National Patron, Chief Mike Okiro,…
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adminisTetracore Energy Group Limited has announced plans to expand into gas-to-liquids (GTL) processing and ammonia-urea fertiliser production, marking a new phase in the company’s long-term growth strategy. The move is aimed at increasing the conversion of Nigeria’s natural gas into products for domestic use and export, while supporting the country’s gas-based industrial agenda. The…
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adminisHybrid-electric vehicles dethroned purely petrol-powered cars as the top power option among consumers in Europe last year, data showed Tuesday. Some 1.88 million new vehicles were registered in 2025 in the European Union, an increase of 1.8 per cent from the previous year, according to the European Automobile Manufacturers’ Association (ACEA). New car…
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