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power sector reform

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 Advances $1 Billion Sale of Five Power Plants

Nigeria is finalizing the sale of five key power plants in a $1.15 billion deal to enhance its energy sector and economic growth.

Nigeria Cuts Electricity Subsidy to N1 Trillion, Increases Tariffs

Nigeria reduces electricity subsidy from N3 trillion to N1 trillion by increasing tariffs, aiming to improve economic stability and energy affordability.

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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.