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Adebayo Adelabu

Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.

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.

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Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.

Nigeria Sets A Year Deadline for Schools to Meet New Standards

Nigeria’s NSSEC has issued a one-year deadline for National Minimum Standards compliance as states face new requirements for teachers, facilities and curriculum.

CBN Raises N7.85tn in OMO Bills Auction in November

CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.