Category: Business News
Business News
IWD: Schneider Electric pledges continued support to finalists at NDES Female Start-ups Tourney
The six winning female Start-up Founders at the just-concluded Nigeria Digital Economy Summit (NDES) Accelerator Programme held in collaboration with Foresight Seeds Fund, a part of The Foresight Group, will receive some sponsorship and continued mentorship from Schneider Electric, Foresight Seeds Fund and other partners for the next twelve months to enable them to evolve into successful businesses.
Stop giving customers with faulty meters estimated bills, NERC warns Discos
Under no circumstances should a customer be placed on estimated billing on account of the failure of a power distribution company to install a replacement meter, the Nigerian Electricity Regulatory Commission has said
Schneider Electric appoints new GM Process Automation, Sub Saharan Africa
Global leader in energy management and automation, Schneider Electric has announced the appointment of Mr. Ajibola Akindele as the General Manager Process Automation, Sub-Saharan Africa.
FG must empower local manufacturers to meet mass metering target —Century Power CEO Umeh
The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh, says that for Nigeria to meet its National Mass Metering Programme (NMMP) target to meter 30 million consumers over two years, local manufacturers must be empowered to enable them ramp up production in order to meet the demands.
Sixty-year-old man jailed for assault on Ikeja Electric staff
A sixty year old man, Bakare Buraimoh, has been sentenced to six months imprisonment at the Ilaro Correctional Centre, Ogun State, for assaulting a staff of Ikeja Electric (IE)
New Navara expanding Nissan’s 60-year legacy of investment in Africa
When Nissan made its first investment towards Africa’s growth sixty years ago with Datsun’s presence in Zimbabwe and the Nissan Motor Company Limited, opening its Rosslyn operations, it was the humble, but bold start of a journey. With a firm belief in the opportunities that lie on the African continent, the group furthered its investments in 2000, when it purchased a 37 percent stake from Sanlam Group; opened an assembly facility in Egypt; and became the first overseas auto manufacturer to begin local assembly in Nigeria in 2014.
Saudi Crown Prince announces Zero Carbon Smart City
A zero-carbon city will be built on the site of the Neom smart city project, Crown Prince Mohammed bin Salman said on Sunday, as quoted by Reuters.
Gas producers seek full payment from power sector
The Nigerian Gas Association (NGA) and other stakeholders have said the liquidity issues that hamper returns from the power sector should be speedily resolved to address legacy debts and facilitate full recovery of gas revenues from the Nigerian electricity supply industry.
We have not approved 50% increase in electricity tariffs —NERC
The Nigerian Electricity Regulatory Commission (NERC) says the Commission has not approved the purported 50% increase in electricity tariffs.
Mikano Motors to launch autogas, electric cars
Mikano Motors, a subsidiary of Mikano International Limited, has completed plans to roll out autogas vehicles and electric cars in Nigeria.