The Nigerian Electricity Regulatory Commission (NERC) has announced deregulation of meter prices under the Meter Asset Provider (MAP) Scheme for end-user customers in the country. The commission made this disclosure in a statement issued on Monday and signed by its Chairman, Mr Garba Sanusi, and the Commissioner, Legal, Licensing and Compliance, Mr Dafe Akpeneye, The […]
The Nigeria Sovereign Investment Authority (NSIA) has announced the formal handover of the Second Niger Bridge to the Federal Government following its completion. The Second Niger Bridge, linking South-Eastern Nigeria to other regions, was implemented through the Presidential Infrastructure Development Fund (PIDF), with NSIA acting as both Fund and Project Manager. The scope of the […]
The Federal Government in collaboration with International philanthropic organisations have partnered to raise $200 million to support the nation’s Micro, Small and Medium Enterprises (MSMEs) with the attendant positive potential for job creation in the country. The Senior Special Assistant to the President on MSMEs and Job Creation in the Office of the Vice President, […]
The chair of the United States’ Securities and Exchange Commission (SEC), Gary Gensler, on Monday urged financial regulators toquickly find a way to manage potential risks posed by the concentration of power in artificial intelligence (AI) platforms to global financial system stability. Gensler warned that without swift intervention, it would become “nearly unavoidable” that AI […]