Nigeria is taking bold steps to revive its faltering power sector, aiming to attract $15 billion in private investments while keeping its most vulnerable citizens in mind. At a World Bank energy summit in Tanzania, the government outlined a plan that combines higher electricity tariffs with fresh subsidies to ease the burden on households. Under…
By Sola Odumosu History was made on the evening of Monday, January 27, in Lagos at the colourful Thisday Awards ceremony when serial digital entrepreneur, Leo Stan Ekeh, shared the same podium with his son, Prince Nnamdi Ekeh, as winners in different categories of the much-coveted awards. The awards commemorated the 30th and 12th anniversaries of Thisday…
Airtel Nigeria, as part its ongoing commitment to delivering a seamless and exceptional retail experience for its customers has launched its new Company-Owned-Company-Operated (COCO) retail store in Sangotedo, Lagos. The new retail store aligns with Airtel’s dedication to providing topnotch experience for its customers, offering end-to-end customer support, instant activation of new SIM cards, bill…
For decades, Nigeria’s power sector has been on shaky ground — struggling with unreliable electricity supply, aging infrastructure, and an overdependence on fossil fuels. Grid collapse has become a recurrent experience, forcing households and businesses to rely on expensive and polluting generators. Amid these challenges, past and present governments always paint a hopeful picture of…
Nigeria Extractive Industries Transparency Initiative (NEITI) has said it is working in collaboration with the Economic and Financial Crimes Commission (EFCC) to recover about $6 billion and another N66 billion owed the Federal Government by industry stakeholders in the oil sector. Executive Secretary of NEITI, Orji Ogbonnaya Orji, who disclosed this while defending the 2025…
Africa’s digital financial services provider, Moniepoint Inc, has rolled out a transformative initiative, DreamDevs with its call for entries. This program seeks to nurture the continent’s brightest minds, equipping them with practical tech skills and invaluable real-world experience that will mitigate current challenges around tech talent sourcing in Africa. DreamDevs targets very recent graduates with…
The Central Bank of Nigeria (CBN) has waived N250,000 annual licence renewal fee for each Bureau De Change (BDC) operator for the 2025 financial year. In a statement, CBN Acting Director, Financial Policy & Regulation Department, Johnson Ojah, said the waiver of non-refundable annual licence renewal fee for existing BDCs aligns with the Regulatory and…
The Federal Government has announced the offering of three Federal Government of Nigeria (FGN) bonds for subscription, with a combined value of N450 billion. This was disclosed in the January 2025 FGN Bond Auction Results issued by the DMO yesterday. The first bond on offer is a N100 billion April 2029 FGN bond, with a…
NIGERIA’S Minister of Solid Minerals Development, Dr. Dele Alake has assured Nigerians that the establishment of the Nigeria Solid Minerals Corporation will significantly transform the mining sector and lay the foundation for its sustainable development. He spoke yesterday when he hosted the British Deputy High Commissioner to Nigeria, Jonny Baxter, in his office in Abuja….
