100 Solar Grids Deployed by W/Bank in Nigeria
According to the World Bank, over 100 new solar-powered mini-grids have been rapidly deployed in Nigeria under its National Electrification Project, thanks to a market-driven approach to mini-grid development. Yesterday, the World Bank released a press statement stating that powering 380 million people in Africa by 2030 would require the construction of over 160,000 mini-grids […]
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Find True Love Effortlessly with This Brand New Social Media Platform, LikePlay LikePlay
As though inspired by events in meet-cute romantic comedy movies, we have all seen those relationship status updates with “hashtag we met on [insert the social media platform mentioned]”. Those updates basically have couples gushing over how they met their new significant other in the most unlikely of circumstances on a social media platform, and […]
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Specialist Predicts Boost in Nigeria’s Tax Revenue with Naira Redesign and Cashless Policy Implementation
Ronke Akinyemi, the Head of Global Markets at Parthian Partners, stated during a bi-monthly forum of the Finance Correspondents Association of Nigeria (FICAN) in Lagos that the new naira redesign policy would lead to an increase in digital banking, which in turn would improve tax inclusion and efficiency in Nigeria. Ronke Akinyemi emphasized that the […]
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SabiStation Media highlights Phronesis Foods as one of Nigeria’s most loved businesses on Facebook
Chichi Eriobu, CEO and founder of Phronesis Foods Nigeria Limited, is renowned for her popular business on Facebook. Beyond its social media presence, Phronesis Foods is a food processing and export company that packages local Nigerian foods and innovates new products using existing ingredients. Chichi Eriobu never set out to become an entrepreneur, but her […]
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UBA Names First Female CEO for Africa
UBA, Africa’s Global Bank, Appoints First Female CEO, Abiola Bawuah. Bawuah will lead UBA Africa and serve as Executive Director on the Group Board, overseeing the bank’s operations across the African continent outside of Nigeria. UBA operates in 19 African countries as well as in New York, London, Paris, and the UAE. Bawuah, a Ghanaian […]
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Labour Strikes Identified as Key Contributors to Financial Losses in Aviation Industry by Stakeholders.
According to industry stakeholders, labor strikes in the aviation sector have resulted in significant financial losses, with estimates suggesting that the industry has lost up to N20 billion in the last five years due to avoidable strikes. The latest example of this was the sudden disruption of flight operations by the Nigeria Aviation Handling Company […]
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FG Unveils Initiative to Elevate Nation’s Sugar Production and Harness Power from Ethanol
The federal government has announced its goal to become the top producer of sugar in Africa within the next decade, while also utilizing ethanol to generate electricity. At a press conference in Abuja, the Executive Secretary of the National Sugar Development Council, Zach Adedeji, stated that a 10-year Masterplan was being implemented to significantly increase […]
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The Central Bank of Nigeria (CBN) Announced an Increase in the Monetary Policy Rate (MPR) to 17.5%
On Tuesday, the Central Bank of Nigeria (CBN) announced an increase in the Monetary Policy Rate (MPR) from 16.5% to 17.5%. This decision was made during the Monetary Policy Committee (MPC) meeting held in Abuja. Additionally, the CBN Governor, Mr. Godwin Emefiele, stated that the January 31st, 2023 deadline for the return of old Naira […]
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NIPOST Cracks Down on Unauthorized Courier Companies in Lagos”
The Nigerian Postal Service (NIPOST) has resumed its crackdown on illegal courier operators in Lagos through its Courier and Logistics Regulatory Department (CLRD). The CLRD has reassured industry stakeholders that it is working to clean up the industry by removing unlicensed operators. The crackdown, which began last week in Lagos, is being carried out in […]
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Abayomi Adewumi Business Development Consultant Convener, Leadership Roundtable Summit
LEADERSHIP ROUNDTABLE CONFERENCE 6.0“Leadership is the key to 99 percent of all successful efforts” On a first look at this quote by Erskine Bowles, 99 percent seems like a lot but when read again, one can easily see why it’s a fair estimate, especially when you have all the cards containing the different forms of […]
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