All On invests $5m in PowerGen to expand renewable energy access in Nigeria

All On invests $5m in PowerGen to expand renewable energy access in Nigeria

All On, an independent impact investing company, has injected $5 million in PowerGen Renewable Energy Nigeria Limited to expand renewable electricity infrastructure at improving power access for underserved communities and businesses across Nigeria. The investment, made through a mezzanine facility, will support the development of isolated and interconnected mini-grid projects serving households as well as […]
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KING’S COLLEGE: Old boys deny plot to take over institution

KING’S COLLEGE: Old boys deny plot to take over institution

King’s College Old Boys Association, KCOBA, has dismissed allegations that it is seeking to take over ownership of King’s College, Lagos, saying the institution remains a public national school. KCOBA said what would change was the framework through which the institution is managed, maintained, financed, modernised and developed, adding that such a framework would help […]

Dangote IPO: Small investors to get priority if offer Is oversubscribed

Dangote IPO: Small investors to get priority if offer Is oversubscribed

By Udeme Akpan President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has assured retail and small investors that they will receive priority allocation if the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery is oversubscribed. Dangote, who described the offer as a genuine “People’s IPO”, said it was deliberately structured to broaden […]

Otti targets 7 sectors to attract investments to Abia

Otti targets 7 sectors to attract investments to Abia

Abia State Governor, Alex Otti, has identified seven priority sectors the state is targeting to attract investment, deepen industrialisation and drive economic growth. Otti spoke last week at the ‘Meet the Governor Series’ of the Nigerian-British Chamber of Commerce (NBCC) in Lagos, themed, ‘‘Repositioning Abia for Enterprise, Industrialisation and Sustainable Economic Growth.’’ The sectors, he […]

Why VAR allowed Haaland’s goal against Man United – Howard Webb

Why VAR allowed Haaland’s goal against Man United – Howard Webb

Professional Game Referees (Pro Ref) chief Howard Webb has explained how VAR’s “tunnel vision” contributed to the controversial decision to award Manchester City striker Erling Haaland’s winner against Manchester United in the Manchester derby.