Sahara Power Group has been named to the Mission 300 Private Sector Council, a high-level initiative aimed at expanding electricity access to 300 million Africans by 2030. The initiative, led by the World Bank Group, African Development Bank, and The Rockefeller Foundation, seeks to accelerate electrification across the continent while unlocking large-scale job creation. As part of the development, Kola Adesina, Sahara Power Group’s Managing Director, has been appointed to the council, joining global leaders in energy, finance, infrastructure, and technology to drive private sector participation. The company’s inclusion highlights its growing influence in Africa’s power sector, with investments spanning…
Author: Elvis Eromosele
Beta Glass Plc (“the Company”), the leading glass container manufacturer in West and Central Africa, is pleased to announce that its Board of Directors has approved the Company’s Audited Financial Statements (AFS) for the financial year ended December 31, 2025, reporting solid revenue growth and reaffirming the Company’s commitment to its core pillars of operational excellence, innovation, and sustainable business practices. Revenue: For the 2025 financial year, Beta Glass recorded revenue of ₦149.12 billion, compared with ₦117.58 billion in 2024, representing a 27 per cent year-on-year increase. This growth reflects continued demand for the Company’s glass packaging products across key…
Beta Glass Plc, the leading glass container manufacturer in West and Central Africa, today successfully hosted its International Women’s Day 2026 conference, “Give to Gain: Inclusion Beyond Optics,” at the MUSON Centre, Lagos. The event marked a significant milestone in the company’s journey to move gender inclusion from corporate optics to a measurable driver of leadership and economic transformation. By bringing together diverse business professionals, experts and students, Beta Glass demonstrated that equity is a vital building block for the manufacturing sector and the broader African economy. The conference featured a high-level lineup of speakers, including Adeyinka Ogundokun, Head, Investment…
Nigerian Communications Satellite Limited has recorded a sharp increase in revenue, rising from $650 million in 2023 to over $2 billion by the end of 2025, according to Jane Egerton-Idehen, its Chief Executive Officer. She disclosed this at the opening of the 2026 Nigerian Satellite Week in Abuja, an event that also marks the company’s 20th anniversary and convened stakeholders from government, industry, and academia to examine Nigeria’s role in the global space economy. Egerton-Idehen described the growth as a strong return on Nigeria’s long-term investment in space technology, noting that the agency has evolved beyond a single-satellite operator into…
Nigeria’s National Assembly has approved a ₦68.3 trillion budget for the 2026 fiscal year, significantly increasing the ₦58.47 trillion proposal earlier submitted by President Bola Ahmed Tinubu. The budget, passed for third reading on Tuesday by both the Senate and the House of Representatives, reflects an upward adjustment of about ₦9 trillion following legislative review and input from the executive. The approval came after both chambers adopted harmonised reports from their respective Committees on Appropriations. Presenting the report in the Senate, Olamilekan Adeola, Appropriations Committee Chairman, said the increase was driven largely by previously unfunded obligations and newly prioritised projects.…
Dara Sobaloju, emerging Nigerian technologist, has officially launched PewBeam, an innovative AI-powered application designed to display Bible verses in real time during sermons, marking a bold step in bringing churches into the artificial intelligence era. The idea began as a simple post on X on August 21, 2025. Sobaloju shared his vision of building a “Bible presentation AI agent” that could automatically display scripture as pastors preach, even when verses are paraphrased or loosely referenced. Six months later, that vision has become reality. Announcing the launch, he wrote: “PewBeam is live.” Now available as a desktop application for Windows and…
The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service experience is below specified targets within specific locations. The Commission’s position is that subscribers should not be made to bear the full burden of service disruptions where operators fail to meet prescribed standards of service delivery. Under this directive, erring operators will compensate affected users directly for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs). Mobile Network Operators (MNOs) shall be required to pay these compensations for instances of poor quality of service recorded within specified time…
Enviable Transport has announced plans to scale up the deployment of Compressed Natural Gas (CNG)-powered tricycles nationwide, in a move aimed at reducing transport costs and promoting cleaner energy alternatives. In a statement signed by Chukwuemeka Ituma, the Group Managing Director, the company said the initiative is designed to lower fuel expenses, reduce carbon emissions, and improve operational efficiency for drivers and fleet operators. He noted that the push for CNG adoption aligns with global efforts to transition to environmentally sustainable energy sources, especially amid rising petrol and diesel costs. “Drivers and fleet operators stand to benefit significantly from this…
Nigeria’s financial system has received a major global endorsement as the Central Bank of Nigeria (CBN) was named Central Bank of the Year 2026 in London, underscoring growing confidence in the country’s economic reforms. The award, announced at the 13th annual Central Banking Awards, comes at a critical time as Nigeria works to stabilise its economy following years of policy uncertainty, inflationary pressures, and currency volatility. Analysts say the recognition reflects the impact of reforms introduced under the leadership of Olayemi Cardoso, CBN Governor, which are beginning to restore investor confidence and strengthen financial institutions. According to the organisers, the…