The Enugu Electricity Distribution Company (EEDC) is facing heavy criticism from state governments after it drastically cut power supply to MainPower Electricity Distribution Limited (MEDL), leaving parts of Enugu State …
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Lokpobiri Begs EPC Contractors to Return as Nigeria Seeks Oil Sector Revival
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies that exited Nigeria in recent years to return, as the country pushes for …
- BusinessEnergyEnvironmentGovernanceNigeriaOil & Gas
NNPC Boss Bayo Ojulari Denies Resignation Rumours, Calls for Strategic Energy Investment at Industry Conference
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has dismissed recent rumours about his resignation, saying he remains focused on attracting more investment …
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Veritas Kapital Hosts Lagos Car Safety Clinic with K-Cool, Car Love Show
Veritas Kapital Assurance Plc has launched a new road safety initiative in Lagos aimed at reducing vehicle-related accidents and promoting car maintenance awareness among Nigerians. The event, held at the …
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Safaricom, PayPal Link M-PESA Wallets for Global Transactions
Safaricom’s M-PESA service has partnered with PayPal to allow Kenyans to move money easily between their mobile money wallets and PayPal accounts. The new partnership is expected to benefit over …
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AI Can Help African Governments Save $150 Billion Annually – Expert
Governments across Africa could save up to $150 billion (about ₦226 trillion) annually by adopting Artificial Intelligence (AI) in public service delivery, according to Mr. Harun Katusya, a senior consulting …
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NCBA Partners Mobikey to Boost Truck and Equipment Financing for Kenyan Businesses
NCBA Bank Kenya has entered a new partnership with Mobikey Truck & Bus Limited to offer better asset financing options to Kenyan businesses, especially those in construction, logistics, agriculture, and …
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CBK to Launch Deposit Guarantee Fund to Protect SACCO Depositors
The Central Bank of Kenya (CBK) has announced plans to set up a Deposit Guarantee Fund (DPF) worth KSh180 million to protect members of Savings and Credit Cooperative Societies (SACCOs) …
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Kenya’s Trade Minister Says Country Now Leads Africa’s Digital Revolution
Trade Cabinet Secretary Lee Kinyanjui has declared that Kenya is now leading the charge in Africa’s digital transformation, citing strong gains in internet connectivity, digital innovation, and a shift away …
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Afreximbank Grants $1.35bn Loan to Dangote Industries to Boost Refinery Operations
The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …