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 …
Nigeria
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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 …
- BankingEconomyEnergyFinance & ServicesInfrastructureNigeriaOil & GasTrade and Commerce
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 …
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Abia Police Kill Five Kidnappers, Recover Weapons in Major Operation
The Abia State Police Command has recorded a major breakthrough in its fight against violent crime, killing five suspected kidnappers and recovering a large cache of weapons in a successful …
- AgribusinessAgricultureEconomyFood ProductionGovernment PolicyINVESTMENTNigeria
NSDC Urges Nigerian Farmers and Investors to Explore Sugar Industry Opportunities
The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has urged members of the All Farmers Association of Nigeria (AFAN) and other potential investors to take …
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Nigeria’s Shamseldeen Ogunjimi Elected Deputy Chairperson
Nigeria’s Accountant General of the Federation, Mr. Shamseldeen Babatunde Ogunjimi, has been elected as the Deputy Chairperson of the Executive Committee of the African Association of Accountants General (AAAG). His …
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Stakeholders Renew Call for Urgent Reforms to Boost Renewable Energy in Nigeria
Stakeholders in Nigeria’s electricity industry have again raised alarm over the country’s weak national grid and called for immediate reforms to help integrate renewable energy into the power system. The …
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West Africa Lost $2.1 Billion to Crypto Crimes in 2024
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has raised alarm over rising cases of fraud linked to cryptocurrency and digital assets across West Africa, saying …
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Nigerian Innovator Pushes Cargo Container Homes to Solve Housing Deficit
A Nigerian construction expert, Oludare Gbenga, has proposed the use of disused cargo containers as an affordable solution to the country’s massive housing shortage. Gbenga, who is the founder of …
- AviationEconomyInfrastructureINVESTMENTNigeria
Port Harcourt Airport Generates N21.41bn in 3 Years, Eyes PPP for Future Growth
The Regional General Manager, South South, and Airport Manager of the Obafemi Jeremiah Awolowo International Airport (PHIA), Omagwa, Mrs. Ifesinachi Lynda Ezike, has revealed that the airport generated N21.41 billion …