Category: Business News
Business News
Bolamark Engineering receives Schneider Electric’s Lifetime Achievement Award
Alhaji Azeez, on behalf of his company, received the Lifetime Achievement Award for his long-standing partnership with the energy management firm, Schneider Electric.
NNPC spends N10bn on comatose refineries in April
“We have a situation now of a refinery that has not functioned for three years, yet it’s paying salaries. Every staff is being paid. We have carried on paying salaries. Nobody can sack anybody.
Experts brainstorm on COVID-19’s impact on the future of Fintech in Mauritius and Africa
Covid-19 has been a big eye-opener regarding FinTech”. She explained that, for example, documents for account opening have been sent via WhatsApp. She explained that is needed is for FinTech start-ups to tap into the potential and understand the impact of the measures. She noted that “these measures already exist, but it is the way that it has been facilitated that has to be changed.
Mother, daughter arraigned for theft of energy on Ikeja Electric network
The duo of Latefat Shofidiya, 65 and Ekundayo Taiwo, 40 were nabbed, after initially absconding from their residence, for stealing power supply by illegally tapping from a source and passing it underground for more than a hundred meters, right into their home. The video of the theft showing staff of Ikeja Electric uprooting a long and shallow dug, hidden cable passing through the ground, went viral a few weeks ago.
COVID-19: Long-term climate policies critical to recovery —World Bank
“The World Bank is committed to supporting countries to build a resilient and sustainable future with long-term climate strategies as an integral element in their overall development plan,” said Mari Pangestu, the World Bank’s Managing Director of Development Policy and Partnerships.
Bolt Talent Solutions launches the ‘Game Changer’ Video Interviewing Solution in Mauritius
Bolt Talent Solutions, a global recruitment agency based in Mauritius, has today announced the launch of the ‘Game Changer’ video interviewing platform to support HR leaders, business owners and corporates in Mauritius in the light of COVID-19.
Ikeja Electric meters over 120,000 households •Set to roll out over 400,000 in next two years
Ikeja Electric Plc (IE), has metered over one hundred and twenty thousand households between 2018 and June 2020. This is in line with its commitment to bridge its metering gap.
We spent N64bn to resuscitate Kaduna refinery without success —NNPC boss •Says fuel consumption, smuggling gulp 54 million litres per day
By Oke Peter The Group Managing Director of theNigerian National Petroleum Corporation(NNPC), Mele Kyari has disclosed that Nigerians and neighbouring countries that benefit from smuggling consume 54 million litres of petrol per day. Kyari said this at an interactive hearing on ‘Exiting petroleum subsidy: Ensuring self-sufficiency in domestic refining of petroleum products.” The event was…
Sylva calls for keen sense of nationhood and patriotism as Nigeria consolidates its democracy
By Oke Peter Honourable Minister of State for Petroleum Resources, Timipre Sylva, has commemorated with Nigerians on the Nation’s democracy day celebrations, describing it as a moment of deep national pride and introspection. In a statement signed by his Special Assistant on Media and Public Affairs, Julius Bokoru, on Friday, Sylva believes, as we all…
LCCI decries neglect of solid mineral sector
It must be a cause for great concern for any reasonable Nigerian, especially now that crude oil is hovering between zero dollar and below cost price.