NPA opens discussions with NLNG on restrictions along Bonny Channel
Following an appeal in November last year by shipping companies and stakeholders to the Managing Director of Nigerian Port Authority (NPA), Hadiza Bala Usman to intervene in the alleged blocking of channel by the Nigeria Liquefied Natural Gas (NLNG), the…
Ghanaian Energy minister decries citizens fronting for foreigners in local content
The Ghanaian Minister of Energy and Petroleum Resources, Mr. Boakye Agyarko has opened up, saying Africans should stop fooling themselves on issues relating to local content development in the continent’s oil and gas industry development. According to him, the behaviour…
Access Power unveils 2018 edition of $7m Access Co-Development Facility contest
Access Power, a developer, owner and operator of power projects in emerging markets, Tuesday, announced the launch of ACF 2018, the third edition of the highly successful funding and support platform for renewable energy projects in Africa and Asia. For…
Nigeria missing in Africa’s top 10 investment destinations, Morocco leads
…Egypt, Algeria, Botswana, Cote d’Ivoire join in top 5 A shocker has emerged for the current administration in Nigeria, showing that upon all the campaigns put in place to convince international investors, the economy failed to make top ten investment…
Access Bank Ghana, Dutch Development Bank seal $25m lending facility
Leading retail bank in Ghana, Access Bank Ghana has concluded fresh strategic facility partnership with its financial partner, FMO, the Dutch Development Bank, for a $25 million facility to deepen lending capacity in Ghana. The bank in a statement averred…
First Bank’s process digitisation won’t ignite job losses, but grow service delivery
First Bank of Nigeria Limited has contested trending speculation that its huge investments in new technologies and mainly the digitisation of its processes will not cause job loss, but grow ease of service delivery. The bank argued that the process…
Systems upgrade may not address critical cyber-threats faced by banks’—Abodunrin
Indication has emerged that mitigating cyber-threats by upgrading banks’ cybersecurity system, may not completely address all the suspicious exposure they face, hence the need for cyber-insurance. Already, there is a growing interest by the Deposit Money Banks and fintechs in…
Avanti Gateway Earth Station now live on MDXI data centre
Leading integrated data centre in Nigeria, MDXI data centre, a subsidiary of MainOne Cable Company, has partnered with Avanti Communications Group Plc, a leading British satellite operator, to host and manage the satellite operator’s in-country Gateway Earth Station (GES). The…
Nobody’ll query return of toll gates on federal roads if they are in shape—Nigerians
Barely one month ago, the Minister of Power, Works and Housing, Mr. Babatunde Fashola dropped a shocker for Nigerians, saying federal government has concluded plans to reintroduce payment of toll gates across 38 federal highways in the country. Though the…
Heritage Bank unveils intelligent digital platform, Octopus to drive performance
As part of its new drive to deepen service delivery and grow customer base, Heritage Bank Plc introduced an advanced intelligent digital experience known as Octopus. The banking solution, which is a full-fledged digital bank, has been described by financial…
