Our goal Is To Simplify International Payments, Oke Omolade, CEO Internopay Innovative Solutions
In today’s interconnected world, international payments have become an integral part of both personal and business transactions. However, anyone who has attempted to send or receive money across borders knows that these transactions can be riddled with challenges. This is where Internopay, under the leadership of CEO Oke Omolade Samuel, steps in to simplify the […]
Startups funding may drop to $3bn – Report
Funding into Nigerian and other African countries’ startups is expected to fall to $3bn by the end of 2023, sealing what has been a bad year for startups. This will be a $1.5bn shortfall from what they raised from investors in 2022. What is particularly worrying is the fact that debt financing will dominate funding […]
Road Reforms Bill Solution To Bad Roads In Nigeria – NIHTE Chairman
ABUJA – The National Chairman of Nigeria Institution of Highway and Transportation Engineers (NIHTE), Engineer Saidu Hassan has said, the passage and implementation of roads reforms bill is the key solution to the problem of bad roads in Nigeria. Engr. Hassan disclosed this at the end of a four day training workshop on “Managing Road […]
JUST IN: Tinubu names Mustapha CEO, Energy Commission of Nigeria
President Bola Tinubu on Monday appointed Dr. Abdullahi Mustapha as the Director-General and Chief Executive Officer of the Energy Commission of Nigeria. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in a statement he signed on Monday titled ‘President Tinubu appoints new ECN Chief Executive Officer.’ Until his appointment, Mustapha […]
Tesla steps in as challenger to rooftop solar inverter duopoly
Enphase and SolarEdge dominate the U.S. sales of rooftop solar inverters, but Tesla may change that. Two inverter suppliers dominate the United States rooftop solar market: Enphase and SolarEdge. The former provides microinverters, which pair an inverter with each solar module, while the latter provides string inverters tied to module-level power optimizers. Together, the two […]
Don’t involve in social vices, channel your energy to positive things – Principal tells youths
Youths across the country have been advised to shun social vices and channel their energy to positive things. The Principal of Bodija International Schools, Ibadan, Frank Dairo, gave this advice while speaking at a press conference to herald the maiden edition of Justice Kayode Edo football tournament on Monday in Ibadan. DAILY POST reports that […]
The Hydrogen Stream: Industry groups set 2026 target for EU-US hydrogen trade
The US Department of Energy has allocated $7 billion for seven Regional Clean Hydrogen Hubs (H2Hubs) to deploy commercial-scale clean hydrogen, while the Mission Possible Partnership, RMI, Systemiq, Power2X, and industry leaders have set up the Transatlantic Clean Hydrogen Trade Coalition (H2TC) to ship US clean hydrogen to Europe by 2026. From pv magazine Global […]
FG outlines solution to forex crisis
Amid the foreign exchange crisis, which led to the depreciation of naira against dollar, the Federal Government has announced plans to automate international exchange transactions to close wide arbitrage and punish naira speculators. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, disclosed this at Monday’s first-panel session of the 29th Nigeria Economic […]
Overhaul regional grid operators to speed renewables, says energy lawyer
Harvard law lecturer Ari Peskoe says the Federal Energy Regulatory Commission should require regional grid operators to add “under-represented voices” such as state regulators to their boards, to help speed adoption of new technologies. The power industry “is in the early phase of a technological revolution,” but the entities that hold power and influence in […]
IRA-fueled domestic solar inverter manufacturing takes off
Although the solar industry is still awaiting final rules on IRA manufacturing incentives, inverter companies are working ahead to anticipate what the Dept. of the Treasury will require in the end. For some inverter-makers, this includes moving manufacturing operations stateside, while others already operating here consider expanding their facilities to meet new demand. In August,… […]