NSIA unveils $300m Renewable Energy Fund
By Emma Ujah, Abuja Bureau Chief The Nigeria Sovereign Investment Authority, (NSIA) has launched the $300 million Nigeria Distributed Renewable Energy (DRE) Fund, a new investment vehicle designed to accelerate private-sector investment in renewable energy and expand electricity access to underserved communities and businesses across the country. The Fund, which reached its commercial launch milestone […]
NEPC pledges enabling policies for Omatek
THE Nigerian Export Promotion Council (NEPC) has promised to provide the enabling environment for Omatek to thrive, especially in its international business operations relating to the establishment of Omatek Factories in other ECOWAS countries.
Ecobank advocates regional payment systems for W/A
Ecobank has advocated collaboration among banking partners and regional financial regulators in West Africa to strengthen the payment system. Ecobank Group Chief Executive Officer, Mr. Arnold Ekpe stated this at the Inter Governmental Action Group against Money Laundering in West Africa (GIABA) Regional Policy Workshop on Payment Systems and Cash Couriers in West Africa.
Spring Bank boosts service delivery with e-payment products
In its bid to make the life of its teeming corporate and individual customers easier through convenient banking transactions, Spring Bank Plc has packaged a suite of mobile and web based pay products that guarantee customer satisfaction.
Airlines show sign of recovery, IATA
Airlines are recovering strongly from economic crisis, as passengers, freight and pricing power return, the airline industry association, IATA, has said, halving its forecast for a 2010 loss.
Power: Oando invests $25m on IPP
IN an effort to boost electricity supply to the Lagos Water Corporation Plant in Akute on the outskirts of Lagos, Oando Plc has invested the sum of 25 million dollars on the construction of an Independent Power Plant (IPP) to boost the supply of water to indigenes of the state around the area.
