Author name: Godswill Odiong

Kholo Capital Mezzanine Debt Fund I achieve first close at R870m

Kholo Capital Mezzanine Debt Fund I (Kholo Capital), has secured R870m in commitments for long-term mezzanine debt investment in support of growth, job creation and advancement of transformation within mid-market companies with operations in Southern Africa (i.e., South Africa, Botswana, Namibia, Lesotho and Swaziland). These first close commitments have been secured from leading institutional investors […]

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Truck Safety Audit Limited collaborates with stakeholders to reduce accidents in Lagos

By Eyo Nsima Truck Safety Audit Limited, an accredited truck safety consultant with Lagos State Safety Commission has collaborated with stakeholders to reduce truck-related accidents in Lagos state. The collaboration is said to be fuelled by the increasing cases of accidents in Nigeria and Lagos State particularly. In a statement signed by the Managing Director,

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

Carbon Capture, Utilization, and Storage: Game-Changing Technology for Africa

By NJ Ayuk, Chairman, African Energy Chamber It would be difficult to exaggerate the value that carbon capture, utilization, and storage (CCUS) technology offers Africa’s oil and gas industry. With oil and gas-producing countries facing tremendous pressure to transition to green energy sources and leave their petroleum assets in the ground, CCUS can act as

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Rwanda Electric Motors to pass 50 million km mark with electric motors in 2023

Electric mobility has been the center of attention globally for a couple of years. The spotlights have often been turned to Tesla, which is revolutionizing the automobile industry. But Africa also holds amazing potential when it comes to electric mobility (often simplified by the term “e-mobility”), especially when it comes to electric motorbikes. Indeed, mobility

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Dangote Refinery Will Boost Growth of Downstream Sector in 2022, CPPE, Others Affirm

CBN CONFLICTING DIRECTIVES ON RETURN OF OLD CURRENCY NOTES

The Centre for the Promotion of Private Enterprise [CPPE] is concerned about the conflicting directives emanating from the CBN on where to deposit the old currency notes – whether the commercial banks, or Central bank.  This confusion is inflicting additional pains on already traumatized millions of innocent Nigerians seeking to return the old notes. Amid

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AfDB

Africa’s Macro-Economic Performance and Outlook 2023: Leaders pledge urgent action to sustain recovery and build resilience

African leaders have pledged to take immediate action to integrate the recommendations from the newly released Africa’s Macro-Economic Performance and Outlook report into their national development plans. Zambian President Hakainde Hichilema said the study, conducted by the African Development Bank Group, provided an impetus for the continent’s leaders to forge ahead with needed reforms. His

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NCC

Haru, Idehen, others redeployed at NCC

Two directors of the Nigerian Communications Commission (NCC), Dr. Alhassan Haru and Mr. Efosa Idehen have been respectively redeployed to man the Technical Standards and Network Integrity (TSNI), and the Compliance Monitoring and Enforcement (CME) departments of the Commission in a move to further enhance operational efficiency and sustain regulatory excellence. In an exercise approved by

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SERAP sues Akpabio, Abass over ‘plan to spend N110bn on bulletproof cars, others’

SERAP sues Buhari over ‘unlawful ban on old N500, N1,000 notes’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over “the unlawful directive banning the use of old N500 and N1,000 banknotes, contrary to the interim injunction granted by the Supreme Court that the old N200, N500, and N1000 notes remain legal tender.” Joined in the suit as Defendants are

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NIPS 2021 to produce oil and gas industry action plan for the post-Covid-19 pandemic era

Sylva to perform Groundbreaking of Oloibiri Museum, NCDMB Conference Hotel

The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva will on Tuesday perform the groundbreaking of the Oloibiri Museum and Research Center (OMRC), in Ogbia Local Government of Bayelsa State on behalf of President Muhammadu Buhari, GCFR. The Minister would also perform the groundbreaking of the NCDMB Conference Hotel Project (CHP), a three-star

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