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Keyamo orders probe, grounds aircraft after unauthorized landing near Asaba

Aviation Minister Festus Keyamo has grounded a private aircraft and ordered a probe after it made an emergency landing near Asaba and departed without clearance.
Business

Ex-CBN deputy governor Moghalu named Bluecode Africa board chairman

Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.
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Looming Electricity Crisis: Power Ministry Addresses N4 Trillion Debt

Nigerian government outlines plans to resolve N4 trillion debt owed to GenCos, affecting Nigeria’s electricity supply industry.
News

Tariff Hike Looms as Monthly Power Subsidy Hits $113.13m

The Federal Government's electricity subsidy surged to N181.63 billion in September, raising the possibility of a tariff hike as generation costs continue to rise.  
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Nigerian Electricity Workers Threaten Nationwide Blackout Over Union Leader’s Arrest

NUEE warns of a power sector shutdown if labor leader Joe Ajaero is arrested on controversial charges.
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Nigeria Wastes Enough Gas to Power 3 Million Homes

Nigeria wastes enough gas annually to power three million homes, a glaring inefficiency in a country with ongoing energy challenges.

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News

Keyamo orders probe, grounds aircraft after unauthorized landing near Asaba

Aviation Minister Festus Keyamo has grounded a private aircraft and ordered a probe after it made an emergency landing near Asaba and departed without clearance.
Business

Ex-CBN deputy governor Moghalu named Bluecode Africa board chairman

Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.
Business

FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.
News

Federal Government’s iDICE programme onboards 185 founders in first cohort

The Federal Government's iDICE programme has onboarded 185 founders into the first cohort of its Startup Bridge initiative, selected from more than 7,000 applicants.