Investing in Africa’s power sector’ll alleviate poverty – Elumelu
The Chairman of Heirs Holdings, Tony Elumelu, has called on the private sector stakeholders to ensure adequate investments in Africa’s power sector…
featured
Osinbajo hands Transcorp certificate of discharge
Vice President Yemi Osinbajo on Monday presented a discharge certificate to the chairman of Transcorp Power Limited, Tony Elumelu, who is the…
Edo refinery orders 200,000 barrels of crude oil
A contract for 200,000 barrels of crude from the Oza Oil Field, which is run by Decklar Resources Inc. and…
Why Nigeria needs 33,000MW for stable power supply – DisCos
The Association of Nigerian Electricity Distributors, has explained why the country needs to generate about 33,000 Megawatts to have stable electricity. According…
Experts warn FG against further violation of debt limit
The Nigerian government has been cautioned by a professor of capital markets, Uche Uwaleke, against continuing to exceed the permissible cap on how much money…
Air France-KLM revenue bounces back, pays debt
Air France-KLM announced on Friday that its revenue for the first quarter of 2023 had increased, bouncing back and regaining balance since…
IMF director warns against retail e-currencies
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has expressed her concerns about the potential risks associated with retail central…
Lasaco Assurance’s premium hits N14bn
Lasaco Assurance Plc has experienced steady growth over the past three years with gross premium income rising from N10.96bn in 2020 to…
Nigerian Breweries issues commercial paper of N25bn
Nigerian Breweries Plc has disclosed a proposal to raise N25bn through the sale of commercial paper to support the company’s short-term working…
Sub-saharan Africa risks losing $10bn in foreign investment — IMF
The International Monetary Fund has warned that if geopolitical tension persists, sub-Saharan African nations could lose $10 billion in foreign direct investments as well as…
May Day: Union advises the aviation minister to prepare handover note
The Minister of Aviation, Sen. Hadi Sirika, has received counsel to emulate other ministers by preparing his handover note to the Permanent…
Stakeholders reject $250 surcharge on Nigeria-bound cargoes
Stakeholders in Nigeria’s maritime sector have expressed their disagreement with the French shipping firm, CMA CGM’s new overweight cargo surcharge. According…