Record labels play a crucial role in the Nigerian music industry, serving as a platform for artists to showcase their talent and reach a wider audience. Mavin Records and YBNL are two prominent record labels in Nigeria, known for their talented artists and successful music productions.
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Nigerian Electricity Supply Industry (NESI) Underperforms in PrivatisationPresident Bola Ahmed Tinubu criticizes the performance of the privatised Nigerian Electricity Supply Industry (NESI) in the past 10 years. Lack of cost-reflective tariff is blamed for the industry's poor scorecard. Over 90 million Nigerians still lack access to electricity.
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Oando secures $800 million loan agreement for acquisition of Nigerian Agip Oil CompanyOando has secured a $800 million loan agreement with African Export-Import Bank (Afreximbank) to facilitate the indigenous energy group’s acquisition of the entire share capital of Nigerian Agip Oil Company (NAOC). The loan agreement was signed at the on-going Intra-African Trade Fair (IATF2023) in Cairo, Egypt.
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