Schneider Electric deepens access to energy for education with solar installation

In a significant step toward improving learning conditions in Nigerian public schools, Schneider Electric Nigeria has commissioned a solar power system at Ikeja Central Grammar School in Lagos, bringing reliable and sustainable electricity to a school community of over 500 students and teachers. The project forms part of Schneider Electric’s global Access to Energy initiative,…

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Dr Denloye: Capacity to support digital services, AI, others low

An information communication technology (ICT) expert and former Group Managing Director, Telnet Nigeria, Dr. Nadu Denloye, has identified lack of capacity as one of the major obstacles to the realisation of the digital economy ambition of the Federal Government. She also stressed the need for the development of the requisite talent and more builders to…

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Nigeria telecommunications sector posts N13b revenue

The Nigerian telecom sector has posted a total of ₦12,977,670,260,904.70 (approximately N13 trillion) revenue over the last two years, according to industry data. The sector comprises mobile network operators (MNOs) Internet Service Providers (ISPs), Value Added Services (VAS); Collocation and infrastructure sharing and others. According to the stats collated by the industry regulator, the Nigerian…

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Schneider Electric boosts secure power, appoints Santini as VP

Schneider Electric has given its Secure Power Division a boost to make it more resilient. The global energy technology leader, said it has appointed Steven Santini as Vice President, Secure Power, Sub-Saharan Africa to sustain the tempo.  Secure Power division acts as the architect of digital resilience, delivering the intelligent operational technologies and ecosystems that…

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Nigeria suspends fuel import licences as Dangote supplies 61.78% of local fuel needs

The Federal Government has halted the issuance of import licenses for gasoline, a major win for billionaire Aliko Dangote, who controls Africa’s largest refinery and has long called for the move. This decision is coming on the heels of data supplied by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) which stated that Dangote…

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M/East agression: Nigeria moves to protect economy

The government of Nigeria said it is taking steps to protect the economy following rising geo-political tensions in the Middle East involving the United States, Israel and Iran. The government, through, the Federal Ministry of Finance, said the government remained committed to safeguarding the economic gains recorded in recent months and will continue to take…

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CRC Credit Bureau unveils mobile app

CRC Credit Bureau has launched CRC Mobile App, a smart, secure platform designed to give customers seamless access to their credit information and essential financial services, all in one place. The newly enhanced CRC Mobile App, reinforces its commitment to digital innovation, improved customer experience, and expanded financial accessibility. The upgraded application introduces new features…

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Nigeria suspends $30 helicopter landing  fees, approves hybrid access gate payment at airports

Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has suspended the enforcement of the $30 helicopter landing fees for oil companies operating in the country and also directed the Federal Airports Authority of Nigeria (FAAN) to implement hybrid toll payment method at airports. This decision to suspend the landing fees follows concerns raised by…

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Tinubu finally okays $20b FID for Bonga deepwater project

President Bola Tinubu has finally approved a targeted fiscal incentive designed to unlock the long awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project. This presidential nod is coming after 18 years of deadlock. With the approval, the Bonga Southwest project becomes the first FID on a Nigeria deepwater Production Sharing…

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