The Ibadan Electricity Distribution Company (IBEDC) has outlined steps to resolve the 10-year power outage challenge in Iwo Road – Lalupon communities in Ibadan. IBEDC’s officer in charge of the Technical Unit, Christopher Lawal, made this known while addressing journalists on Wednesday. He said part of the measures to be taken would include, but not […]
The World Bank plans to supervise Nigeria’s $500 million electricity loan from July 8 to 12, 2024, aimed at enhancing the country’s electricity distribution sector. The Nigeria Distribution Sector Recovery Program was approved by the World Bank Board on February 4, 2021, and became effective on February 2, 2023. According to the latest Implementation Status […]
The African Public Relations Association (APRA), has called on the Kenyan Government to put interest of the people of Kenya first. APRA was reacting to the protests that broke out in Kenya against the #RejectFinanceBill2024 passed by the legislature. At least 13 protesters were killed during the protests, doctors say, and a section of parliament went up in flames […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has rejected the claim made by the leadership of Dangote Refinery that there is imported dirty fuel currently in the country. NMDPRA stated that, it would never encourage the importation of dirty fuel into the country and ensures that only quality petroleum products are consumed by Nigerians. […]
While workers feel most comfortable when AI and humans work together, they are beginning to trust AI to complete time-saving tasks autonomously, like writing code, uncovering data insights, and drafting written communications. Workers aren’t delegating everything to AI just yet. According to the research, today’s workers prefer that humans oversee tasks like onboarding, training, and […]
The Nigeria Sovereign Investment Authority (NSIA) recently announced the shortlisting of 26 Nigerian startups to participate in the accelerator stage (physical bootcamp) of its Prize for Innovation program. According to a statement from the NSIA, 100 startups were first selected out of over 7,000 early-stage businesses that registered for the competition. Another round of selection brought […]
The board of the Nigerian Education Loan Fund (NELFUND) has approved the disbursement of loans to successful applicants. This decision was made on Wednesday during its inaugural meeting. The agency’s spokesperson, Nasir Ayitogo, disclosed this in a statement. “By approving the immediate disbursement of the loans, NELFUND is taking a critical step in fulfilling its mission to support education and […]
The Nigerian Education Loan Fund (NELFUND) has finalized plans to disburse a total of N35 billion in fees and monthly upkeep allowances to 70,000 successful applicants who have already been approved for their loan applications. These applicants, students of federal government-owned tertiary institutions nationwide, were selected from a pool of 120,000 applicants who submitted their applications as of […]
Governor Babajide Sanwo-Olu of Lagos State revealed that the Lagos State Employment Trust Fund (LSETF) has generated over 221,000 direct and indirect jobs since its inception. He made this statement during a keynote address on Wednesday, July 3, 2024, at the Lagos Employment Summit organized by the LSETF. According to Sanwo-Olu, the LSETF has also […]
Nigeria’s electricity distribution companies (DisCos) have announced an upward review of electricity tariffs for Band A customers, effective from July 1. According to statements posted on the DisCos’ X handles, the new tariffs follow an earlier directive from the Nigerian Electricity Regulatory Commission (NERC) for an immediate upward review of electricity tariffs. NERC Vice Chairman, […]