IEA’s global electricity demands projection for 2025/2026
Renewables are expected to overtake coal as the world’s largest source of electricity as early as 2025 or by 2026 at the latest, depending on weather and fuel price trends.
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BOI’s N10BN GLOW Fund Set for Disbursements
Olasupo emphasised that the programme would support women-led enterprises across manufacturing, ICT, digital marketing, ecommerce, healthcare, education, renewable energy, processing, waste management, and the creative industries.
Meet Notore’s New Board of Directors
Thomas Etuh, a former Unity Bank and Veritas Kapital Assurance Chairman, replaces Femi Agbaje, (the older brother of Segun Agbaje) as the Chairman of the company’s board of directors.
Manufacturers Unhappy of 43 Items Accessing Forex ▪︎It’s Trade Policy Outside CBN’s Mandates – Cardoso
▪︎Olayemi Cardoso, Governor of CBN at the CIBN event. By Franklin Ocheneyi Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) has acknowledged that the foreign exchange restriction on 43 items it recently lifted is a trade policy which falls outside the apex bank’s mandates. “It is important to note that trade policy…
PHCCIMA President Highlights Economic Benefits of Trade Fairs To Industries
▪︎Cover image credit: MAN NIRAM Exhibition photo The President of the Port Harcourt Chambers of Commerce, Industries, Mines and Agriculture (PHCCIMA), Mr. Mike Elechi, has given insights into the economic benefits of participations in international trade fairs by both local and foreign exhibitors. The economic importance of trade fair is very enormous. It is an…
TikTok allows US to own majority shares to end ban threats
The TikTok USDS Joint Venture LLC will serve more than 200 million users and 7.5 million businesses while implementing strict safeguards for data protection and content moderation, the company said.
Labour Accepts N70,000 Minimum Wage
The President and the Nigeria Labour Congress and the Trade Union Congress of Nigeria led by their presidents, Joe Ajaero and Festus Osifo, with President Bola Tinubu, yesterday, after the resolved minimum wage meeting, in Abuja.
Kano manufacturers to procure electricity from NDPHC
Members of the Manufacturers Association of Nigeria in Kano State are poised to bypass the DisCos in the state for direct power supply from the Niger Delta Power Holding Company. The Managing Director of Dala Foods, Kano, Ali Madugu, bore the minds of the manufacturers when he led a delegation, to the management of the…
What Are The Benefits of Foreign Reserves?
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says that the country’s foreign reserves had exceeded $40 billion . Foreign reserves play a vital role in maintaining economic stability, supporting monetary policy, and ensuring a country’s ability to participate in international trade and finance. Governor Cardoso attributes the growth in the…