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Power Generation Collapses To 145MW

On November 8, the country’s electricity grid recorded a partial collapse as it dropped from 4,735.8MW to 429.5MW. The total amount of power on Nigeria’s grid collapsed from a peak of 4,735.8 megawatts on Friday to as low as 145MW on…

Stanbic IBTC Retains Fitch’s ‘AAA’ Rating

A recent report by globally renowned credit rating agency, Fitch Ratings, has affirmed that Stanbic IBTC Holdings PLC, and Stanbic IBTC Bank PLC, its banking subsidiary, have retained their National Long-Term Ratings of AAA(nga). According…

Air Peace Introduces B737-800 New Generation Aircraft

Nigeria's leading carrier, Air Peace, has brought in a B737-800NG to help sustain its expansion, domestic and regional operations.    The aircraft arrived the Murtala Mohammed International Airport at about 20.00hrs Thursday from…
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