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In a notice in the Kenyan Gazette, the Energy Regulatory Commission (ERC) approved construction of Kenya's first coal-fired power plant in Lamu.

Ife Ogunfuwa Many chief financial officers of business organisations in Nigerian say they are not confident about economic and business growth in 2017 but are optimistic about an improvement in the next two to three years Speaking at a press conference on Friday, a Partner and Head, Audit services, KPMG ...

Ozioma Ubabukoh Nigerians carried out about N63tn worth of transactions on various electronic channels in 2016, SUNDAY PUNCH learnt on Saturday. Statistics showed that the figure was the highest transaction value ever recorded in the nation’s e-payment sector, following the introduction of a cashless economy policy by the Central bank ...

Analysts have repeatedly warned that Nigeria’s oil reserves will, at best, last for another 50 years. This is definitely a warning sign that the future of our dear nation, with a population growth rate that many say is unsustainable, might be bleak if we do not engage in proper planning. ...

Tricia Ikponmwonba-Yusuf, 29, is the Managing Director of Omose kids, a children wear line. She speaks with JOY MARCUS about her desire to bridge the gap in the children’s fashion industry Can you briefly tell us about yourself? As a marketing professional and fashion entrepreneur, I explore both fields to ...

BAYO AKINLOYE A global rating body, Moody’s, has said many banks in Nigeria are struggling to handle diminishing foreign currency liquidity. The rating body noted that the reduced foreign currency deposits would increase the monetary institutions’ funding costs. “The reduction in foreign currency deposits is credit negative for Nigerian banks ...

The federal gover-nment has dubbed the 2015/2016 report of Amnesty International (AI) as lacking conformity to standards. This is particularly so on evidence gathering, the Ministry of Foreign Affairs said in a statement by its spokesperson, Mr Clement Aduku. Government wondered why the report failed to condemn the atrocities committed ...

The Nigerian Association of Small Scale Industrialists (NASSI) has restated its commitment to the growth and development of small and medium scale enterprises. Giving this charge at the weekend was Mr. Segun Kuti-George, Chairman of NASSI, Lagos Chapter. He spoke at the official launch of the Lagos Island chapter of ...

Andy Murray claimed his first title of the year with victory over Fernando Verdasco in the Dubai Duty Free Tennis Championships final. The world number one, a runner-up here in 2012, looked to have left his game in the locker room when he was broken twice at the start of ...

The retail market business stands out as an aspect of business that seems not to have been affected by economic recession and contraction of the economy, as chain stores and hypermarkets proliferate to give traditional retailers a run-for-their-money. TAYOOLANIPEKUN, Lagos writes n spite of the economic recession, the retail market ...