NERC Unbundles TCN, Establishes New System Operator

NERC Unbundles TCN, Establishes New System Operator The Nigerian Electricity Regulatory Commission (NERC),  has unbundled the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator of Nigeria Limited (NISO) The company disclosed this in an order signed by its Chairman, Mr Sanusi Garba and Mr Muslim Oseni, Vice Chairman in […]

StanChart Bank Nigeria Names Dalu Ajene New CEO

StanChart Bank Nigeria Names Dalu Ajene New CEO Standard Chartered Bank, StanChart, has appointed Mr. Dalu Ajene as the new chief executive officer (CEO) of Nigeria operations. Ajene takes over from Lamin Manjang, the vice chairman Africa and Acting CEO who will be retiring from the bank after 25 years of service, having reached the […]

World Economic Forum Convenes Special Meeting on Global Collaboration, Growth

World Economic Forum Convenes Special Meeting on Global Collaboration, Growth With geopolitical upheavals and complex economic challenges destabilizing a fractured world, the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development will convene 1,000 global leaders from 92 countries on 28-29 April, to support global dialogue and find actionable, collaborative and […]

Functional Airplane Maintenance Centres In Nigeria Will Push Demand For Naira In Africa – Keyamo

  Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), says the Federal Government will come hard on people who obtain licenses to operate private flights but clandestinely commenced commercial flights. He also discusses airline maintenance, repair and overhaul, and other issues affecting Nigeria’s aviation industry. The senior advocate was a guest on Channels Television’s … Continue reading “Functional Airplane Maintenance Centres In Nigeria Will Push Demand For Naira In Africa – Keyamo”

Tinubu Committed to Improving Well-Being of Nigerians–Information Minister

Tinubu Committed to Improving Well-Being of Nigerians–Information Minister The Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu is committed to the improvement of the overall well-being of Nigerians. Idris stated this on Saturday when featured in the flagship live Phone-In programme of the Federal Radio Corporation of Nigeria (FRCN), Kaduna,’ […]

UBA Introduces First of Its Kind Scan to Resolve Complaint Portal

UBA Introduces First of Its Kind Scan to Resolve Complaint Portal Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088 called the ‘Scan to Resolve Complaint’ Portal with code aimed at enhancing satisfaction and swiftly addressing customers’ disputes. The first-of-its-kind innovative platform marks another significant step by […]

I Inherited N85bn, $587m Debts, Can’t Pay Salaries Now, But Vow To Revamp Kaduna’s Economy — Gov. Uba Sani

Kaduna State governor, Uba Sani, has raised the alarm that his administration inherited a huge debt burden of $587 million, N85 billion, and 115 contractual liabilities from the previous administration, making it difficult for him to pay workers’ salaries now. He, however, said that despite the humongous debt burden on the State government, he was […]

Afreximbank Closes $282m India-Focused Club Deal

Afreximbank Closes $282m India-Focused Club Deal The African Export-Import Bank (Afreximbank) on Thursday announced the successful completion of a first-of-its-kind India-focused club deal for 282 million dollars. This is contained in a statement issued by Vincent Musumba, Manager, Communications and Events, Afreximbank, at the conclusion of the deal in Dubai, United Arab Emirates (UAE) Musumba […]