Category: Business News
Business News
Nigeria accelerates plans to encourage downstream investment
The panel discussed how Nigeria could improve investment into the sector through increased beneficiation opportunities, encouraging local transformation and boosting local market and job opportunities through local beneficiation and developing the Made in Nigeria brand.
We don’t fix electricity tariffs, says FG •Vows to reduce political influence in the power sector
However, other members of the panel, including the Chief Executive Officer, ZJK Energy, Mr. Rumundaka Wonodi; Principal Consultant, Emtech Energy Services, Ifey Ekeonu; and Head, (PMU) Nigeria Electrification Project (NEP), Mr. Kenny Anuwe, agreed on the need to reduce the political influence in the power sector.
Will Buffett’s $10bn bet on natural gas go bust?
Buffett’s US$10-billion bet on natural gas infrastructure shows that the billionaire investor believes that natural gas hasn’t run its course, regardless of what environmentalists and climate-conscious investors think.
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.