Sam Amadi: West African Power Pool Boosts Investor Confidence But Offers No Immediate Power Relief For Nigerians
Former NERC chair Maxi warns WAPP integration benefits producers, not households, as Nigeria’s weak grid blocks quick consumer gains.
Former NERC chair Maxi warns WAPP integration benefits producers, not households, as Nigeria’s weak grid blocks quick consumer gains.
Nigeria aims to produce N160 billion worth of wheat, enrolling 80,000 farmers under the 2025/2026 dry-season NAGSAP programme.
Ondo’s $50bn refinery and FTZ progress as state and Backbone Infrastructure form JV and begin technical site assessments.
Air Peace says full flights resume this week after alleging foreign leasing partners withdrew leased aircraft fraudulently, causing over $15m in losses.
Entrepreneur Osakwe urges massive infrastructure investment, warning malnutrition and food insecurity will worsen without urgent action.
Air Peace flight operations disrupted as lessor SmartLynx suddenly withdrew aircraft, causing delays, cancellations, and significant financial losses.
S&P revises Nigeria’s outlook to positive, citing reform gains amid fresh concerns over fiscal discipline and delayed budget execution.
PENGASSAN President Festus Osifo hails FG’s suspension of 15% petrol import duty.
FG halts proposed 15% import tax amid price fears, as NMDPRA says fuel supply remains stable and urges calm nationwide.
NUPRC says revived oil wells, new evacuation routes and tighter security are driving Nigeria’s production gains and boosting sector confidence.
WhatsApp will begin displaying ads in its Updates tab, marking a major shift in Meta’s monetisation strategy.
Nord Motors CEO has accused Stanbic IBTC of blocking financing for Made-in-Nigeria vehicles, claiming it undermines the country’s industrialisation drive.
IHS Towers has posted strong Q3 results, boosted by Nigeria’s economic reforms and a stronger naira, raising its 2025 outlook.
President Mnangagwa welcomes Aliko Dangote to Zimbabwe, sealing a landmark investment partnership in energy, fertiliser, and infrastructure.
Seplat Energy adds 33,000 bpd after rehabilitating 26 wells, advancing Nigeria’s energy access, gas projects, and sustainability goals.
UBA’s Oliver Alawuba says Africa’s $4trn assets can drive transformation if channelled through viable structures and trusted partnerships.
NDIC advises depositors to maintain accounts in multiple banks and link BVNs for faster refunds during bank failures.
NGX loses N4.6 trillion as Dangote Cement, MTN, and BUA Cement slide. investors are reacting to US threat and CGT.
CBN Governor Cardoso calls for collective responsibility to safeguard reforms, deepen stability, and sustain investor confidence in Nigeria’s economy.
NUPRC unveils 2025 oil licensing round, inviting global investors to fund Nigeria’s drive for one million barrels daily.
© 2023 Arise News - Part of the Arise Media Group.