Nigeria’s long-delayed Lagos–Calabar Coastal Highway could be transformed into a self-financing smart infrastructure corridor through the deployment of AI-driven, solar-powered iLamp streetlights. Proposed by UK greentech firm Conflow Power Group in partnership with Nigeria’s Mora Energy, the project would install around 28,000 solar iLamps along the 700km route, creating a distributed AI computing network powered by Nvidia processors. By generating up to US$1.26 billion annually from AI processing services, the iLamps could help close the project’s multi-billion-dollar funding gap while delivering lighting, security, connectivity and smart-city services—positioning Nigeria as a regional hub for renewable energy-powered AI infrastructure.
Category: Nigeria News
Nigeria News
A temporary rise in African Emissions is justified on the way to energy prosperity
Africa faces a dual challenge: the world’s lowest per-capita emissions and the highest levels of energy poverty. In this opinion piece, Louis Strydom argues for a lean-carbon pathway—allowing a temporary, tightly controlled rise in emissions to rapidly expand reliable power while accelerating the shift to renewables. Instead of false choices between “no fossil fuels” and “gas everywhere,” he proposes fuel-flexible plants, declining fossil use, and strict carbon covenants to stabilise weak grids, replace costly diesel generation, and enable faster renewable deployment. With development financiers slowly embracing transitional projects, Africa can peak emissions early, avoid long-term fossil lock-in, and finally unlock growth without derailing global climate goals.
Awareness Gap Stalls NGX Tech Listings and Blocks Local Exits, TLP Advisory Report Reveals
A new TLP Advisory report reveals that Nigeria’s low awareness of NGX listing requirements is slowing tech IPOs and pushing founders toward offshore exits. With 53% of founders unfamiliar with the NGX process and 77% facing currency mismatch pressures, the study highlights how structural barriers, liquidity concerns, and regulatory frictions limit local listings. The report urges reforms, stronger education initiatives, and improved market infrastructure to unlock Nigeria’s IPO pipeline and strengthen the country’s digital economy.
Forging South–South Bridges: ACA & CCLA’s Role in Cross-Cultural Creative Diplomacy
The collaboration between Arts Connect Africa (ACA) and Conexiones Culturales de Latinoamérica (CCLA) is reshaping cultural diplomacy by forging South–South creative bridges. Their joint training in Ibadan, Nigeria (August 25–29, 2025), prepared artists for MASA 2026 while highlighting the power of cross-continental collaboration between Africa and Latin America. By linking African creative ecosystems with Latin American networks, ACA and CCLA are building sustainable platforms for cultural mobility, professional development, and heritage preservation. This partnership underscores how music and arts can drive economic growth, amplify cultural voices, and influence international diplomacy.
Luno Launches Crypto Staking in Nigeria — Earn Up to 18% Annually on Your Crypto
Luno launches Nigeria’s first locally available crypto staking platform, offering up to 18% annual returns on ATOM, SOL, DOT, and NEAR. No lock-ups. No hidden fees.
Unleashing Possibilities: How Meta AI empowers everyday life
In Nigeria, “I dey make am” is more than a catchphrase—it encapsulates the spirit of resilience and creativity that drives everyday people to overcome obstacles and chase their dreams. Meta’s new campaign, Make Am with Meta AI, highlights how Nigerians are leveraging Meta AI to unlock new possibilities in their daily lives. From students using AI to conduct research, to entrepreneurs generating marketing ideas, to creators transforming their visions into reality, Meta AI has become an indispensable tool. Available for free on WhatsApp, Instagram, and Facebook Messenger, Meta AI empowers users to learn, create, and innovate, driving progress in both individual lives and communities.
Edelman Africa extends presence in Nigeria with strategic partner THOP
Edelman Africa has expanded its footprint in Nigeria by partnering with The Holding Opinion and Public (THOP), a leading integrated communications company. This strategic move strengthens Edelman’s local presence to meet the growing needs of clients in Nigeria and across West Africa. The partnership arrives amid growing global distrust in institutions, as highlighted by the 2025 Edelman Global Trust Barometer, underscoring the importance of trusted, culturally intelligent communication strategies. Edelman aims to help clients build trust and drive meaningful change in Africa’s most populous country.
2025 AFRICATECH AWARDS AT VIVATECH: NIGERIA, KENYA & TUNISIA TOP THE LIST FOR THIS 4th EDITION
The 2025 AfricaTech Awards, hosted at VivaTech in Paris, celebrates African innovation with 45 startup finalists across GreenTech, HealthTech, and E-commerce & FinTech. This 4th edition sees Nigeria, Kenya, and Tunisia leading in participation, with half of the finalists being women-led startups. Winners will be announced on June 12, 2025.
Multi-Billion Dolar Investment Signals New Era of Industrial Transformation for West Africa
West Africa is on the brink of a major industrial transformation, fueled by a multi-billion dollar investment. This landmark initiative is expected to boost economic development, enhance industrial capabilities, and create new opportunities for businesses and workers alike.
Juicyway Unveils $3M Pre-Seed Funding to Transform Cross-Border Payments for Africans
P1 Ventures supports startup launching efficient currency exchange platform using stablecoin technology, enabling individuals and businesses to fully engage in the global economy.