EU wants to double electricity use by 2040, but avoids binding target

The European Union has unveiled a sweeping new electrification strategy designed to reshape the continent’s energy landscape, aiming to effectively double electricity consumption by 2040. The plan, presented by EU energy chief Dan Jørgensen, marks a definitive shift in the bloc’s climate policy, moving away from a reliance on hydrocarbons toward a fully integrated, electrified […]

7 mins read

Nigeria Faces Renewed Economic Uncertainty as Food Inflation Surges Back into Double Digits in February 2026

The Nigerian economic landscape experienced a jarring shift in February 2026 as food inflation rebounded to 12.12 per cent, effectively ending the brief period of single-digit relief that had briefly buoyed consumer sentiment in January. According to the latest Consumer Price Index (CPI) report issued by the National Bureau of Statistics (NBS), this 3.23 percentage […]

8 mins read