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Elumelu ‘to add’ 1,400MW to national grid with $2.5bn investment in power

Plans to increase Nigeria’s national grid by 700 megawatts (MW), may be taking shape as Tony Elumelu, chairman of Transcorp Nigeria Plc, has pledged...

DisCos are responsible for meters, NERC tackles ANED

The Nigerian Electricity Regulatory Commission (NERC) says it is the obligation of the distribution companies (DisCos) to ensure that consumers are provided with meters...

CBN cuts interest rate to 13.5%, seeks GDP rebasing

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as the benchmark or main...

First Bank: Still Standing gidiba 125 years after

This week marks the celebration of the 125th anniversary of the existence of the First Bank franchise in Nigeria. This stands the bank out...

Microsoft, First Bank push digital transformation of SMEs

Multinational technology giant, Microsoft, has teamed up with First Bank in a partnership that will assist Small and Medium Enterprises (SMEs) in Nigeria to...

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