Category: Business News
Business News
Be decisive on fuel crisis, Jerry Gana urges Buhari
According to him “the unnecessary fuel scarcity has crippled the economy of the country while motorists and commuters are subjected to untold suffering across the country as a result of poor supply of Premium Motor Spirit (PMS)
Two jailed for vandalizing, stealing Ikeja Electric transformer cables
While Omena is serving his jail terms on count one to three, if he is found guilty on count 4, his jail term will be added to his running jail terms since the count 4 was adjourned to 30th January, 2023 for continuation of trial.
4th Tanzania Energy Cooperation Summit returns February 1
Public sector stakeholders including EWURA, TPDC, Tanesco, PURA and the Ministry are confirmed to participate at the highest levels across panel discussions and intimate boardrooms covering; private sector engagement, renewable energy power generation, C&I, investment and procurement strategies and downstream gas.
TCN takes delivery of two new 150MVA power transformers and accessories
The Company also has another two number 150MVA power transformers awaiting delivery to Ojo Stores at the Lagos Port even as it is expecting the arrival of different capacities of transformers and their accessories to berth at the port very soon.
Merry Christmas and Happy New Year in advance to our esteemed readers
Merry Christmas and Happy New Year in advance to our esteemed readers
Tariffs must be addressed to activate the $3.4 trillion AfCFTA offers
“Ideally, AfCFTA should be fantastic for us as a country. For cable industry, we are seen as one of the industries in Nigeria that is already set up fantastically well. If you ask anyone, they will tell you that made-in-Nigeria cables are fantastic. But then, it will make sense that we are able to transcend beyond Nigeria. It will make sense that our members (Cable Manufacturers Association of Nigeria) are able to go into Ghana; are able to go into Ivory Coast; they are able to go into Senegal,” Adubi said.
Schneider Electric commemorates 1,189 days without LTI
Companies track LTI’s to provide their safety departments and management objective information about their internal safety programs
AFC expands Asian capital market footprint with US$160 million Kimchi loan facility led by Mizuho and Shinhan Bank
The successful closure of the 3-year Kimchi loan facility is a positive indication of Korea’s and more broadly Asia’s growing interest in infrastructure investment opportunities in Africa.
African nations need to promote homemade solutions to be energy sufficient -CEO Munyax Eco Rwanda, Francine Munyaneza
We need to invest in research and the development for renewable energies on the continent. African Governments need to set own strategic framework that promote renewable energies. This should have a clear mechanism and regulations that support Renewable energy operators and reinforce their follow-up. Because some governments would establish strict regulations, and even track their implementations. However, on the other side to approve the tariff they are skeptical and want the tariff to be as low as possible which does not reflect the quality and compliance regulations for project execution. We need to promote homemade solutions; I mean African solutions.
The role of data in Africa’s energy transition –White paper
Organisations across Africa are looking to development banks, governments, NGOs and private sector investors to secure financing at scale to support their energy transition objectives.