
Category: Business News
Business News

Remove petrol subsidy, economic council tells Buhari, warns states
The Presidential Economic Advisory Council has asked the President, Major General Muhammadu Buhari (retd.), to remove subsidy on petrol and adopt a pricing regime that reflects the cost of the commodity.

OMAA rolls out first gas-powered buses in Nigeria
An indigenous energy firm, OMAA has rolled out Nigeria’s first locally assembled natural gas-powered buses and are already producing in volumes.

Wärtsilä partners with Ambitious.Africa to support young African talents
Wärtsilä’s commitment to supporting the well-being of society is again emphasised with its recent entry into a strategic partnership with Ambitious.Africa, a young initiative that aims to act as a bridge between Africa and the Nordic countries. Ambitious.Africa supports and encourages young people in Africa and the Nordic countries to actively participate in working for a better future. It aims to increase well-being in these countries by facilitating the sustainable development of local entrepreneurship.
Nigeria tops countries with poorest electricity access —World Bank
Nigeria has overtaken the Democratic Republic of Congo with 25 percent of people without access to electricity, making it the highest country globally with citizens that lack access to power.

Schneider Electric partners Arravo on Micro Data Center
Schneider Electric has partnered with Arravo IT Solution company to launch its 6U wall-mount EcoStruxure Micro Data Center, which eliminates organisation’s information technology (IT) closet and allows edge computing and networking equipment to be deployed almost anywhere.

Ensure speedy passage of climate change Bill, Minister appeals to National Assembly
The Minister of State for Environment, Mrs Sharon Ikeazor, on Wednesday appealed to the National Assembly to expedite action on the passing into law the climate change Bill.

Crafted to Conquer: The 2021 Nissan Patrol NISMO makes its global debut
Nissan revealed the 2021 Nissan Patrol NISMO to the world earlier today, marking the latest chapter for Nissan’s performance brand. Premiering globally through a virtual event hosted at Expo 2020 Dubai, the new race-inspired version of the legendary Patrol combines striking exteriors with the refinement of a luxury car and the exhilarating performance of a sports car.
Ikeja Electric bags latest ISO certifications, reiterates commitment to operational excellence
Ikeja Electric, Nigeria’s leading Electricity Distribution Company, has scored another first in the electricity sector, after bagging three latest International Organization for Standardization (ISO) certifications ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 in recognition of its effective implementation of Occupational Safety & Health, Environment Management and Quality Management processes.

LEAP HR: Future Energy summit holds from May 17-19
LEAP HR: Future Energy summit is a definitive forum for future-focused HR leaders dedicated to creating a high-performing, sustainable future for the energy industry. Step inside the innovation happening across oil and gas, renewables and utility firms and uncover the novel people strategies that are driving the transition to a low carbon future.

Nissan announces new Chairperson for Africa, Middle East, India, Europe and Oceania region
Nissan Motor Co. Ltd has announced Guillaume Cartier as its new Chairperson for the Africa, Middle East, India, Europe and Oceania (AMIEO) region.