The Vice President, Senator Kashim Shettima, has called for increased collaboration between the government and economic stakeholders, asserting that small business owners must have a meaningful voice in the government’s policy and decision-making processes. Accordingly, he directed the Special Adviser to the President on MSMEs and Job Creation, Mr TemitolaContinue Reading

The House of Representatives Committee on Public Assets has warned that illegal structures built on federal government rights of way for power transmission projects will be removed, saying encroachment and vandalism are putting public investment in the power sector at risk. The committee’s chairman, Hon. Kuye Ademorin, gave the warningContinue Reading

OPay has raised $304 million by selling 16 million American depositary shares at $19 each. through its initial public offering (IPO) in the United States, putting its valuation at approximately $4 billion. The company marked the milestone on Friday by ringing the opening bell at the New York Stock ExchangeContinue Reading

… N70,000 allowance treats symptoms, not cause, group insists The Lagos Chamber of Commerce and Industry (LCCI) has thrown its weight behind the Nigeria Employers’ Consultative Association (NECA), saying wage and allowance arrangements struck between government and labour without the input of employers cannot be sustainable, because the private sectorContinue Reading

West African petroleum regulatory Agencies are looking at broader partnerships and collaboration that will help deliver harmonised fuel quality standards, improved infrastructure and stronger regulatory coordination to facilitate cross-border trade and reduce market barriers.   Rabiu Umar, the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),Continue Reading

Power sector advocates have welcomed the Federal Government’s plan to raise Nigeria’s electricity transmission capacity from about 5,000 megawatts (MW) to 19,000MW within two years, but say its credibility will rest on execution, not announcements. The plan centres on an East and West Super Grid, for which President Bola AhmedContinue Reading

As thousands of datacentres are constructed across Europe, the Guardian and Investigate Europe have uncovered disturbing evidence that some workers building them are exposed to dangerous conditions and living in fear of speaking out Sandu* checked his watch. He was winding down the last 15 minutes of his shift atContinue Reading

…Tinubu orders immediate clearance More than 300 containers of electricity equipment have been left stranded at Nigerian ports for between 14 and 20 years, even as ageing transmission infrastructure continues to limit the amount of power the national grid can deliver to homes and businesses. President Bola Tinubu has nowContinue Reading