FG tells Discos to set up customers centres The Federal Government has ordered power distribution companies to deploy customer engagement platforms within the next three months, beginning from September 1, 2023. The directive meant the Discos must install the facilities before January 2024. It gave the order through the[Read More…]
NACCIMA, S’Africa Partner To Boost Nation’s Industrial Drive The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, (NACCIMA) Dele Oye, has stated that they are partnering with South Africa to strengthen ties and harness the collective economic potential of Nigeria and South Africa[Read More…]
G20 Summit: Elumelu wants India to invest in Nigeria The Chairman of Heirs Holdings Group, Tony Elumelu, has urged the Indian private sector to invest in Nigeria because it poses a huge market on the African continent. Elumelu told the Indian investors to seize the opportunity to invest in[Read More…]
FAAN relocates international operations to new terminal at Lagos airport The Federal Airports Authority of Nigeria (FAAN) has redirected the processing of passengers through the new international terminal, at the Lagos airport effective immediately. According to a statement by the spokesperson, Mr Abdullahi Yakubu-Funtua, the expedited relocation to the[Read More…]
Nigeria lost N16.25 trillion to oil theft in 11 years- Abass The Speaker of Nigeria’s House of Representatives, Tajudeen Abbas, said the country lost about N16.25 trillion to crude oil theft between 2009 and 2020. Abbas made the statement in Abuja while inaugurating an ad hoc committee to investigate crude[Read More…]
UAE Launches $4.5bn Clean Energy Support Initiative For Africa The United Arab Emirates (UAE) has made a significant pledge of $4.5 billion to support clean-energy projects in African nations. The UAE, is the host of this year’s United Nations climate summit. This substantial commitment is a collaborative effort involving[Read More…]
NGX RegCo Urges Banks To Embrace ESG Following Nigeria’s commitment to adopt the International Sustainability Standards Board (ISSB) standards, the chief executive officer of NGX Regulation Limited (NGX RegCo), Tinuade Awe has emphasised the importance of banks swiftly integrating environmental, social, and governance (ESG) principles into their business strategies.[Read More…]
MTN Nigeria targets net zero emissions with green energy investment MTN Nigeria has announced significant investments in clean energy technologies as part of its efforts to reduce emissions and support Nigeria in achieving its 2050-2070 net zero greenhouse gas (GHG) emission commitments. The largest telecommunication provider, MTN disclosed this[Read More…]
CBN to clear forex obligation backlog in two weeks Nigerian businesses from manufacturers to importers, who have been on a long queue for dollars may have cause to heave a sign of relief as the Central Bank of Nigeria (CBN) has announced plans to clear foreign exchange (Forex) backlog[Read More…]
Interior Minister promises to clear all passport backlogs within two weeks The Minister of Interior, Olubunmi Tunji-Ojo, has said that all passport backlogs in Nigeria should be cleared within two weeks. Tunji-Ojo said that there is no excuse for passport delays in Nigeria and that the scarcity and delay[Read More…]
