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Adebayo Adelabu

BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.

Ladi Jadesimi’s Aradel Stake Loses $5.9 Million as Shares Slide

A recent decline in Aradel Holdings Plc shares shaved nearly $6 million off the market value of chairman Ladi Jadesimi’s stake, highlighting shifting sentiment in Nigeria’s energy stocks.

Tinubu Approves N4 Trillion Bond to Clear Power Sector Debts

Tinubu approves a ₦4 trillion bond to clear debts owed to power firms and gas suppliers, aiming to stabilise Nigeria’s electricity sector.

Grid Collapses Attributed To Vandalism, Maintenance Issues

Vandalism and maintenance problems are to blame for Nigeria’s frequent grid collapses, says Minister of Power Adebayo Adelabu, who has a committee suggesting tweaks.

Nigeria Increases Power Generation by 25% in 12 Months

Nigeria boosts power generation by 25% in a year, targeting 6,000 megawatts by December.

Latest articles

BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.

Ladi Jadesimi’s Aradel Stake Loses $5.9 Million as Shares Slide

A recent decline in Aradel Holdings Plc shares shaved nearly $6 million off the market value of chairman Ladi Jadesimi’s stake, highlighting shifting sentiment in Nigeria’s energy stocks.

Flutterwave CEO Signals Path to Profit After Cost Reset

KEY POINTS Flutterwave profitability is now in sight after cost cuts and margin gains. ...

US Envoy Says Visa Curbs Tied to Security Talks

The US envoy says visa rules reflect security cooperation talks, stressing diplomacy and shared responsibility between Nigeria and the United States.