Business

Adron Group Congratulates Ogun State On 50th Anniversary, Commends Progress And Development

The Board of Directors, Management, and staff of Adron Group have extended their warmest congratulations to the Governor of Ogun State, His Excellency, Prince Dapo Abiodun, and the good people of Ogun State as the state marks its Golden Jubilee celebration. In a statement released today, Adron Group commended the state for its remarkable progress, resilience, and development over the …

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Recapitalisation: Silent Layoffs, Infrastructure Deficit Threat To $1trn Economy

The Central Bank of Nigeria’s recapitalisation exercise, which is scheduled for a March 31, 2026, deadline, has continued to reignite optimism across financial markets and is designed to build stronger, more resilient banks capable of financing a $1 trillion economy. With the ongoing exercise, the industry has been witnessing bank valuations rising, investors are enthusiastic, and balance sheets are swelling. However, beneath these encouraging headline numbers,

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REA Delivers 100kWp Mini-Grid In Damau Village, Delivers Clean Energy, Stable Water To Over 2,500 Residents

The Rural Electrification Agency (REA) has successfully completed and commissioned a 100 kWp solar mini-grid in Damau, a rural community in Kubau Local Government Area of Kaduna State, marking another milestone in the Agency’s mandate to expand sustainable energy access and improve socio-economic growth in underserved and underserved communities across Nigeria.

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Dangote, NNPC Seal Strategic Gas Supply Agreements

Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and NNPC Gas Infrastructure Company Limited (NGIC).

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