The Federal Government has said the country’s electricity grid is now more stable, thanks to the addition of 700 megawatts in transmission capacity. The Minister of Power, Mr. Adebayo Adelabu, …
EconomyEnergyGOVERNMENTInfrastructure
- Banking, Finance & InvestmentEastern AfricaInternational RelationsNigeriaTrade and Commerce
Access Bank Set to Take Over Kenya’s National Bank After Central Bank Approval
The Central Bank of Kenya (CBK) has approved Access Bank Plc, one of Nigeria’s biggest financial institutions, to take full control of the National Bank of Kenya (NBK). This move …
- BusinessFinance & ServicesReal Estate
Afriland Properties Grows Profit by 51%, Declares 152% Higher Dividend
Afriland Properties Plc has recorded a strong financial performance for the 2024 fiscal year, posting a 51% rise in profit after tax to N2.6 billion, up from the previous year’s …
- BusinessEconomyLeadershipManufacturingNigeria
Cutix Plc CEO Ijeoma Odunoye Bags NASME Award for Entrepreneurial Excellence
The Chief Executive Officer of Cutix Plc, Ijeoma Odunoye, has been honoured with the Most Successful Female Entrepreneur/Excellent Performer award by the Nigerian Association of Small and Medium Enterprises (NASME). …
- BusinessFinance & ServicesMarkets
GCR Reaffirms SFS Capital’s Credit Rating, Commends Liquidity and Market Leadership
Global Credit Ratings (GCR) has reaffirmed the long-term and short-term credit ratings of SFS Capital Nigeria Limited, maintaining an A-(NG) rating for long-term and A2(NG) for short-term, with a stable …
- Arts & CultureNigeriaWestern Africa
Nigerian Traditional and Religious Leaders Join Forces with Ford Foundation to Tackle Gender-Based Violence
Nigerian traditional, religious, and community leaders are partnering with the Ford Foundation to address gender-based violence (GBV) in West Africa by transforming harmful cultural and religious practices that reinforce inequality. …
The Chairman of the Nigerian Postal Service (NIPOST) Governing Board, Barrister Isaac Kekemeke, has openly admitted that the agency has fallen short of public expectations but assured Nigerians that a …
- CorruptionEconomyGOVERNMENTNigeria
BPP Moves to Curb Procurement Fraud, Partners EFCC, ICPC, Others on Transparency Drive
The Bureau of Public Procurement (BPP) has announced new steps to strengthen transparency and accountability in Nigeria’s procurement processes through strategic collaboration with anti-corruption agencies. Director-General of the BPP, Dr. …
- EnergyGOVERNMENTInfrastructureNigeria
Hamzat Laments ‘Crazy Billing’ as Electricity Bill Jumps from N2.7m to N29m, Despite Prepaid Meter Purchase
The Deputy Governor of Lagos State, Dr. Obafemi Hamzat, has expressed outrage over what he described as “crazy electricity billing” after his residence received a staggering N29 million power bill …
- EconomyGOVERNMENTOil & GasPolitics
Edo Rep, Esosa Iyawe, Hails Tinubu’s Reconstitution of NNPC Board, Says It Will Boost Energy Sector Reforms
The member representing Oredo Federal Constituency in the House of Representatives, Hon. Esosa Iyawe, has praised President Bola Tinubu for what he described as the “timely and strategic” overhaul of …