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Zambia achieves self-sufficiency in power generation

Zambia achieves self-sufficiency in power generation

Zambia’s constant power cuts are now a thing of the past. Thanks to a robust hydraulic and solar power generation…
We’re yet to open our premises for business- CAC

We’re yet to open our premises for business- CAC

The Corporate Affairs Commission, (CAC), has notified the public that it is yet to start admitting customers into its premises…
Retrenchment: CBN’s MPC may reduce 27.5% CRR for banks -Prof. Uwaleke

Retrenchment: CBN’s MPC may reduce 27.5% CRR for banks -Prof. Uwaleke

Professor of Finance and Capital Markets at the Nasarawa State University, Uche Uwaleke has predicted that the Central Bank of…
Nigeria’s Q1 2020 investments stand at $4.81bn -NIPC

Nigeria’s Q1 2020 investments stand at $4.81bn -NIPC

The Nigerian Investment Promotion Commission (NIPC) in its investment announcements for the first quarter of 2020, reports that $4.81billion were…
Fraud: AfDB debars Sinotec Company Limited for 36 months 

Fraud: AfDB debars Sinotec Company Limited for 36 months 

The African Development Bank Group has announced the debarment of Sinotec Company Limited, an energy solutions company registered in China.…
Intra-African Trade Fair 2020 Postponed due to COVID-19

Intra-African Trade Fair 2020 Postponed due to COVID-19

In light of the COVID-19 pandemic, the African Export-Import Bank (Afreximbank), the African Union (AU) and the Government of Rwanda…
CBN announces resumption of Dollar Sales for SMEs, School Fees

CBN announces resumption of Dollar Sales for SMEs, School Fees

The Central Bank of Nigeria (CBN) has resumed provision of foreign exchange to all commercial banks for onward sales to…
TCN, AEDC Faces NERC Thursday Over Faulty Networks, Blame Game

TCN, AEDC Faces NERC Thursday Over Faulty Networks, Blame Game

The Transmission Company of Nigeria (TCN), and the Abuja Electricity Distribution Company (AEDC) will face a probe panel at the…
National power grid collapses midnight *We’ve restored grid except… – TCN

National power grid collapses midnight *We’ve restored grid except… – TCN

The national electricity grid system collapsed on Wednesday morning at 1:21am leaving power generation to begin at 2,983 megawatts (MW)…
Why FG converted N850bn External Borrowing to Domestic…DMO

Why FG converted N850bn External Borrowing to Domestic…DMO

The Debt Management Office (DMO) has explained why the Federal Government reappraised its plans to convert N850bn External borrowing to…
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