Rensource, a leading West African renewable energy services provider, announced today its entrance into the provision of Commercial & Industrial (C&I) solar with a project in partnership with the Norwegian impact investment company, Empower New Energy, to deploy a 700 KWp solar photo-voltaic plant to Nigeria´s largest egg producer, Premium[Read More…]
News
Real Estate Brands Africa Awards Holds December 3rd
The Most Innovative Real Estate Brands Africa Awards 2020 is a Celebration of Innovation, Leadership and Growth of the Real Estate and Property Industry. The Award will honour Real Estate Game Changers, Companies, Products and Personalities that have made contribution to the development of the sector. The Award Ceremony is[Read More…]
COVID-19: FirstBank Unveils Next Gen ATM, Spearheads Innovation In Electronic Banking In Nigeria
In light of COVID-19 pandemic, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The FastTrack ATM, which is done in partnership with Inlaks,[Read More…]
Banks Begin Charging Customers for Failed Transactions
Nigerian banks have started charging customers for failed transactions, a move that could further compound economic hardship already assailing the masses. The charges were imposed following a CBN directive earlier this year that directed banks to penalise customers who initiate direct debit transactions on their account but lack funds to[Read More…]
NAFDAC Warns Traders Against Using Insecticide to Preserve Foodstuffs
The National Agency for Food and Drug Administration and Control warned the general public against the use of Sniper and all other brands of ‘Dichlorvos’ in the preservation of foodstuffs. The Director-General of NAFDAC, Prof. Mojisola Adeyeye, in a statement on Sunday, said the use of Sniper to preserve foodstuffs[Read More…]
Nigeria Breaks Record of Electricity Transmission
The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,459.50 megawatts (MW). In a statement on Thursday, Ndidi Mbah, TCN general manager of public affairs, said the new record was achieved on October 28. She said the power generated was efficiently transmitted[Read More…]
NERC’s Operating Revenue Increases by 57%
The total revenue accruing to the Nigerian Electricity Regulatory Commission (NERC) increased by 57 per cent in the first quarter of 2020, the power industry regulator, has disclosed. NERC also stated that the total expenditure of the commission rose to N1.94 billion, from N1.74billion incurred in the preceding quarter, noting[Read More…]
Access Bank Announces N50 Billion Interest Free Loans and Grants For SMEs
Access Bank Plc has announced that it will be providing N50 billion interest-free loans and grants to Nigerians to support communities, the youths, and micro, small and medium-sized businesses (MSMEs). This is to help cushion the effect of Covid-19 pandemic, coupled with the hijacked #EndSARS protests that led to the[Read More…]
Hope PSBank Announces Board Appointments …Abubakar as Board Chairman, Kuponiyi as Managing Director
Hope PSBank, Nigeria’s premier Digital-first Bank and a subsidiary of Unified Payments has announced key appointments for the bank. The board has approved the appointments of Alhaji Shehu Abubakar as Chairman and Ayotunde Kuponiyi as Managing Director. The list of Directors includes Agada Apochi, Ochanya Dan-Ugo, Festus Eze Ikediasor, Ano[Read More…]
9mobile Felicitates with Founder of MobiHealth on World Bank SDGs Award
Nigeria’s telecoms provider, 9mobile, has felicitated with the founder of MobiHealth International, Dr. Funmi Adewara on winning the World Bank SDGs and her Global Award 2020. Adewara was one of the seven women entrepreneurs recognized for using their entrepreneurial skills to support the SDGs through their business leadership and health[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]