nyuuz

  1. Munyaradzi Mafaro

    NNPC probes draw fire, investor jitters rise over oil oversight

    Some energy advocacy crew called the Forum for Energy Accountability went after the House of Representatives for basically turning NNPC into a punching bag with back-to-back investigations that make foreign investors nervous about putting money into Nigerian oil and gas. President Ebikeme...
  2. Munyaradzi Mafaro

    Osun warns fuel hoarders, assures smooth supply for holidays

    Osun State petroleum regulator Kunle Adeyemo from NMDPRA told gas station owners to quit hoarding fuel or messing with pumps during the holiday season, while warning locals against stockpiling products at home because of fire risks. The agency coordinator said supplies are solid across depots...
  3. Munyaradzi Mafaro

    Nigerian Breweries backs retailers, EDGE training powers up business

    Nigerian Breweries boss Thibaut Boidin wrapped up the EDGE training program in Lagos after hitting 360 retail partners and sub-distributors across 12 regions with business skills since July. The brewing company built the whole thing after customers kept saying they were drowning trying to manage...
  4. Munyaradzi Mafaro

    SMEs call for real support, power woes, and penalties bite hard

    Jesufemi Adeogun from New Chip Technology told reporters at Ikeja Club that government policies look decent on paper but completely miss what small businesses actually need to survive. The CEO pointed out how entrepreneurs at Computer Village and Alaba International Market burn cash on...
  5. Munyaradzi Mafaro

    Cross River sets sail on the blue economy, skills get a global upgrade

    Cross River Governor Bassey Otu locked down World Bank backing for a maritime training program that gives locals the technical chops to work in Nigeria's blue economy sector. Deputy Governor Peter Odey showed up at the Calabar launch and said the state's long coastline makes it perfect for...
  6. Munyaradzi Mafaro

    Nigeria unveils 40 electric buses, clean ride era accelerates

    Nigeria rolled out 40 electric buses in Abuja through the Presidential Compressed Natural Gas Initiative, with Gas Minister Ekperikpe Ekpo backing the clean energy push. PiCNG boss Ismael Ahmed said these vehicles will hit the streets by next week to cut transportation costs during the holiday...
  7. Munyaradzi Mafaro

    Sahara rolls out community project, local talent set to thrive

    Sahara Group Foundation dropped a new initiative called the Sahara Community Impact Project that wants to build specialized business hubs across African communities. Director Chidilim Menakaya said the foundation will connect local entrepreneurs with resources and training while cutting down on...
  8. Munyaradzi Mafaro

    PZ Cussons doubles down on Africa, local brands in focus

    PZ Cussons decided to keep its Africa operations after getting offers from buyers who wanted the whole thing. The consumer goods company is betting on population growth across the continent and plans to expand its brands like Imperial Leather, Venus, and Premier into men's grooming and beauty...
  9. Munyaradzi Mafaro

    Turkish Airlines, SAA link up, flyers score new routes

    Turkish Airlines and South African Airways are locked in a codeshare deal that kicks off next year, with Turkish boss Ahmet Bolat and SAA chief John Lamola signing papers in Geneva. Turkish gets to slap its flight codes on SAA routes, hitting Johannesburg, Cape Town, Durban, Port Elizabeth...
  10. Munyaradzi Mafaro

    PalmPay pushes deeper inclusion, unbanked get digital edge

    PalmPay boss Chika Nwosu got on stage at the CeBIH conference and basically said the fintech game needs to stop half-assing it when it comes to reaching people who still can't access banking. The company runs around 500,000 agents who handle cash transactions for folks without bank accounts, and...
  11. Munyaradzi Mafaro

    FIRS rallies security for tax crackdown, evaders feel the heat

    Federal tax collectors are linking up with security agencies and anti-corruption units ahead of the National Revenue Service Act kicking in next year. CSP Kyes Bakfur from the FIRS Special Enforcement Division told people at a Lagos meeting that hunting down tax dodgers needs way better intel...
  12. Munyaradzi Mafaro

    Nigeria clicks gas trading online, industry gears up for action

    Nigeria just rolled out a digital platform for gas trading that Minister Ekperikpe Ekpo says will make the whole market way more transparent and competitive. The Nigerian Midstream and Downstream Petroleum Regulatory Authority teamed up with JEX Markets to build this thing that handles...
  13. Munyaradzi Mafaro

    Women entrepreneurs score N10bn loan lifeline, credit gap narrows

    Bank of Industry teamed up with the National Credit Guarantee Company to drop N10 billion in backed loans for women running businesses across Nigeria. Managing Director Olasupo Olusi from BOI is pushing this GLOW program that gives women entrepreneurs easier financing with a seven percent...
  14. Munyaradzi Mafaro

    Ikeja Electric shutters as FCCPC cracks down, power row drags on

    The consumer protection agency locked down Ikeja Electric's head office in Lagos after the power company kept ignoring orders to split one hotel account into 20 separate residential meters. Providence Real Estate got stuck without electricity for over two years, even though they paid everything...
  15. Munyaradzi Mafaro

    Lawmakers nix airfare subsidy, holiday travelers still grounded

    Nigerian lawmakers shut down any talk of subsidizing airline tickets for the holidays, but they want the government to slash airport fees by half instead. Representative Obinna Aguocha pushed for transparent cost assessments to figure out what airlines actually need to operate during the...
  16. Munyaradzi Mafaro

    FutureMakers scouts young talent, tech dreams get real

    NASENI just dropped a program called FutureMakers that targets kids between 5 and 16 years old across Nigerian schools. Executive Vice Chairman Khalil Suleiman Halilu wants to turn curious students into legit innovators by giving them access to design thinking workshops, prototyping labs, and...
  17. Munyaradzi Mafaro

    Turbulence rattles nerves, planes stay safe

    Captain Evarest Nnaji, who holds licenses from both the FAA and NCAA and chairs OAS Helicopters, wrote about how planes handle bumpy flights. He explained that rough patches happen when atmospheric moisture and other stuff weaken air molecules in certain spots, and these weaker pockets make it...
  18. Munyaradzi Mafaro

    Yobe’s airport gears up for takeoff, but takeoff still waiting

    Yobe State locked down a deal with the Nigerian Airspace Management Agency to get the Muhammadu Buhari International Cargo Airport in Damaturu ready for actual commercial flights. Managing Director Farouq Ahmed Umar signed for NAMA, while Commissioner Muhammad Muhammad Bara and Permanent...
  19. Munyaradzi Mafaro

    Optimus AI Labs levels up, banks tap smarter support

    Lagos-based Optimus AI Labs wants to fix customer service nightmares at Nigerian banks by dropping an AI-powered support platform that handles queries without making people wait 40 minutes to talk to a human. CEO Lanre Basamta said the system uses natural language processing to resolve problems...
  20. Munyaradzi Mafaro

    Abia powers up, new substation lights the way for growth

    Abia State Governor Alex Otti broke ground on a 7.5MVA substation project in Umuahia with the Niger Delta Power Holding Company handling construction under the National Integrated Power Project. The build includes a kilometer of 33kV line, 1.2 kilometers of 11kV line, two 300kVA distribution...
Top