The Minister of Power, Joseph Tegbe, has announced the commencement of five interconnected mini-grid projects with a combined capacity of 17.7 megawatts in Oyo State, while dismissing reports of a planned increase in electricity tariffs. Tegbe made the announcement during the groundbreaking ceremony for the projects, which are designed to improve electricity access in communities across Akinyele, Ido, Ibadan North, Egbeda and Lagelu Local Government Areas of the state. The projects comprise the Bola, Jiboye, Molade-Adelubi, Ogo Oluwa and Sooko-elega interconnected mini-grids, supported by a 17.74-megawatt battery energy storage system. According to the minister, the initiative is expected to improve…
Author: Lilian Azuh
For businesses in Nigeria, keeping operations running comes with a cost that goes well beyond the electricity bill. Rising diesel prices, unreliable power supply and the pressure to keep critical operations running can significantly increase operating expenses and make energy one of the biggest challenges businesses face. JMG Limited is helping businesses tackle this challenge with hybrid solar solutions designed to deliver something businesses need most: reliable power at a more manageable cost. In the third quarter of 2026, the company commissioned various solar projects that demonstrate the practical impact of this approach, including a 133.12kWp system for La Chaumiere…
L-R: Managing Director/Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe (middle), receiving a special recognition award for her leadership and Fidelity Bank’s contribution to Nigeria’s beauty enterprise ecosystem during a dinner commemorating the Beauty in the Motherland 2026 exhibition in Lagos recently. She is flanked by the event’s co-founders, Beatrice Obinna Eneh (left) and Linda Edozien (right). Fidelity Bank Plc reaffirmed its support for the Nigerian beauty industry and women owned businesses at the commemorative dinner and awards ceremony of Beauty in the Motherland 2026. The ceremony, held on October 6, 2026 at the Eko Convention Centre, Eko Hotel and…
L-R: Managing Director, BGL Securities Limited, Arnold A. Dublin-Green; Assistant Vice President, Financial Derivatives Limited, Dr. Ifeoma Nwokolo; CEO, Centre for the Promotion of Private Enterprise [CPPE], Muda Yusuf (speaker); Chairman of the Occasion, Chief Paul Usoro; Dean, Lagos Business School, Information Systems, Prof. Olayinka David-West; Managing Director/CEO, Financial Derivatives Company, Bismarck Rewane; Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina at Dangote Petroleum Refinery & Petrochemicals IPO Roadshow tagged “Back to where it all began” in Port Harcourt. Rivers State on Monday, October 12, 2026 … Paul Usoro Applauds Strong South-South Interest in Landmark Investment President…
L-R: Mobolaji Sunmoni, Team Lead, Upstream; Abimbola Ogunyemi, Team Lead, Downstream 1; Tomilola Onasanya, Team Lead, Downstream 2 (all of Fidelity Bank Plc); Frank Aigbogun, Publisher, BusinessDay Media Limited; Nneka Onyeali-Ikpe, Managing Director/Chief Executive Officer, Fidelity Bank Plc; Patrick Akinwuntan, former Managing Director, Ecobank Nigeria; and Amanda Ezeani, Relationship Manager – Energy Division, Fidelity Bank Plc; at the 2026 BusinessDay Banks and Other Financial Institutions (BAFI) Awards. Fidelity Bank Plc has won two honours at the 2026 BusinessDay Banks and Other Financial Institutions Awards. The bank’s Managing Director and Chief Executive Officer, Dr Nneka Onyeali-Ikpe, received the Award for Excellence…
Nestlé Nigeria is inviting journalists and media professionals across the country to submit compelling stories for the sixth edition of the Nestlé Media Awards, recognising journalism that brings important issues to the forefront, deepens public understanding and highlights solutions to challenges affecting people, communities and businesses. Since its inception, the Awards have recognised outstanding reporting across areas aligned with Nestlé Nigeria’s Creating Shared Value agenda, including nutrition, agriculture, environmental sustainability, youth and women empowerment, and community development. In 2025, the introduction of the Business and Economy Reporting category expanded the platform’s scope to include journalism examining the challenges and opportunities…
…Brand powers music, rap and dance challenges celebrating emerging talent Fearless Energy Drink, from Rite Foods Limited, brought its bold spirit to Felabration 2026, supporting music, rap and dance challenges that gave emerging performers an opportunity to showcase their talents at the annual celebration of Afrobeat legend Fela Anikulapo-Kuti. Held at the New Afrika Shrine in Lagos, this year’s festival, themed “Who Are You?”, explored individuality, identity and self-expression—values that connect naturally with Fearless Energy Drink’s “I CAN, I AM” philosophy, which encourages people to believe in themselves, embrace their uniqueness and express their potential with confidence. As the festival’s…
***Offers Unique Taste with its Classic Variant Rite Foods Limited has expanded its beverage portfolio with the introduction of LIDA Malt Classic, a non-alcoholic malt beverage created to offer consumers another choice in Nigeria’s competitive malt drink market. Anchored on the proposition “LIDA Malt. Made for You,” the brand reflects the company’s focus on developing products that respond to consumer preferences and fit naturally into everyday life. LIDA Malt Classic was introduced to the media during a recent immersion programme at Rite Foods’ manufacturing facility in Ososa, Ijebu Ode, Ogun State, held on October 15, 2026. The programme provided an…
The Director General of the National Information Technology Development Agency (NITDA) , Kashifu Inuwa represented by Christiana Simon of the Digital Development Services Department delivering the goodwill message at the 30th Annual National Conference of WICE, held in Bichi, Kano State The National Information Technology Development Agency (NITDA) has provided highspecification HP OmniBook laptop computers to the National Association of Women in Colleges of Education (WICE) to strengthen its administrative capacity and promote digital literacy among women educators. The initiative is part of the agency’s commitment to advancing digital inclusion, improving productivity and promoting technology-driven education in Nigeria. The Director General of NITDA, Kashifu Inuwa, CCIE, disclosed this at the 30th Annual National Conference of WICE, themed “Dual Mandate: Global Impact; Reimagining Teacher Education for Sustainable Development.” Inuwa said the computers would enhance documentation, information management, communication, coordination and collaboration among the association’s leadership and members. He also revealed that NITDA had enrolled 1,135 WICE members in digital literacy online courses through the NITDACisco Networking Academy platform to strengthen their competencies in teaching, research and administration. To complement the online training, the agency is supporting an inperson masterclass on productivity tools, cybersecurity and generative artificial intelligence (AI), equipping participants with practical skills to improve workplace efficiency and promote responsible technology use. According to him, the interventions align with the National Digital Literacy Framework (NDLF) 2023, which targets 70 per cent digital literacy by 2027 and 95 per cent by 2030. He added that the programmes support the Federal Government’s Renewed Hope Agenda and the goal of building a digitally skilled and inclusive Nigeria. Inuwa reaffirmed NITDA’s commitment to strengthening its partnership with WICE, noting that empowering women educators with relevant digital skills and technological tools would improve teaching and learning outcomes and contribute to developing a future-ready workforce. Speaking at the conference, Kano State Governor, Abba Kabir Yusuf, represented by the Secretary to the State Government, Umar Farouk Ibrahim, said the dual mandate of Colleges of Education offered opportunities to expand access to higher education, improve teacher training and equip graduates with skills to address emerging national and global challenges. He stressed the need for sustained investment in educational infrastructure, research, digital learning, staff development and institutional capacity, noting that teacher education must adapt to technological advancements, artificial intelligence and changing labour market demands. The governor also highlighted the contributions of women to educational development, while acknowledging challenges such as limited leadership opportunities, inadequate professional development funding and insufficient access to digital resources. He called for stronger partnerships between Colleges of Education and schools to ensure that teacher preparation programmes remained relevant to learners’ needs and societal expectations. Also speaking, WICE National President, Dr Magdaline Bisong, described the conference as a platform for professional renewal, knowledge sharing, networking and strategic collaboration. She said the gathering focused on advancing teacher education for sustainable development and strengthening the personal and professional capacities of members. Bisong reaffirmed the association’s commitment to building women’s capacity in education, strengthening professional networks and promoting collaboration to improve educational outcomes and contribute to national development.
…Rite Foods’ energy drink invites consumers to express themselves through rap, dance, and exciting consumer activations Fela Anikulapo-Kuti never followed the crowd. He forged his own path, challenged convention, and used music to give a voice to ideas that could not be ignored. At Felabration 2026, that spirit of originality and fearless self-expression finds a new outlet as Fearless Energy Drink returns to the festival, putting emerging talent and consumers at the heart of the experience. Fearless Energy Drink, a brand of Rite Foods Limited, is back as the energy drink for Felabration 2026, taking place from October 12 to…