Business News
BEDC meters 25% of target customers under NNMP
The Benin Electricity Distribution Company (BEDC) said it has so far installed over 25 per cent of its 90,870 meters target under the first phase of National Mass Metering Programme…
Deep Blue Project assets reducing attacks, says NIMASA
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, said there has been a drastic reduction in the rate of attacks in the country’s Exclusive
Nigerians celebrate Eid-Fitri in darkness as outage persists
Electricity consumers, yesterday, expressed frustration over power outage in the country, making the Eid-Fitri holiday bleak for Nigerians. The post Nigerians celebrate Eid-Fitri in darkness as outage persists appeared first
FSDH Funding SPV lists N7.05b, N4.95b bond on FMDQ
FMDQ Securities Exchange Limited (FMDQ Exchange) has announced the listing of the FSDH Funding SPV PLC ₦7.05 billion Tranche A and ₦4.95 billion Tranche B Series… The post FSDH Funding
Solad connects 10,000 small business to affordable power
Solad Power Group has connected its 10,000th small business to affordable and reliable power across its portfolio of mini-grids in Nigeria, marking a significant milestone in the company’s growth and
FG unveils policy to tackle phone theft
As part of new security measures in the country, especially crimes associated with mobile phones, the Federal Government has put in place a new policy to tackle phone theft crimes
Remittances to Sub-Saharan Africa drop by $6b, says World Bank
Remittances to Sub-Saharan Africa fell by 12.5 per cent last year on account of 27.7 per cent decline in inflows to Nigeria, the World Bank has said. The post Remittances
Payment solution provider honoured with Next Bull award
Xpress Payment Solutions Limited has emerged winner of the Next Bull Award at the 2021 Nigeria Investor Value Awards (NIVA). The post Payment solution provider honoured with Next Bull award
FG hopeful of improved earnings from floating LNG
The Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence
Air cargo business surges as African airlines record 24.6% demand spike
The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels with demand up by 4.4
