Energy

McKinsey & Company projects massive growth for Seplat Energy, others as Africa’s energy demand soars
Energy

McKinsey & Company Projects Massive Growth For Seplat Energy, Others As Africa’s Energy Demand Soars

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 By Olatunde Dodondawa … Divestment opportunities abound for Seplat Energy, others Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, as well as other energy producers in Africa, is projected to grow more given the rising demand for […]

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Seplat Energy Grows PBT By 197.8% to N34.7billion
Energy

Seplat Energy Grows PBT By 197.8% to N34.7billion

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By Olatunde Dodondawa … Cash generated from operations hits N74.4bn, rising by 197.8% Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its unaudited results for the three months ended 31 March 2022, recording a rise in […]

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REA Holds Roundtable Meetings With Power Project Developers Under The Energizing Economies Initiative For Effective Service Delivery
Energy

REA Holds Roundtable Meetings With Power Project Developers Under The Energizing Economies Initiative For Effective Service Delivery

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By Olatunde Dodondawa   The Rural Electrification Agency held a roundtable meeting with Energizing Economies Initiative (EEI) Private Power Developers at the Corporate Headquarters on March 24, 2022. Discussions at the roundtable were centered on identifying implementation gaps, improving service delivery, and strengthening the initiative to achieve the desired goal […]

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Energy

Buhari summons minister over frequent grid collapse, blackout

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By Shakrullah Odunsi President Muhammadu Buhari has summoned Minister of Power, Abubakar Aliyu, to a meeting over the frequent grid collapse which has led to a blackout across the country. Recall the national grid collapsed twice within 24-hours last Monday and Tuesday throwing major parts of the country into darkness. […]

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Nigeria’s energy crisis cripples SMEs
Energy

Nigeria’s Energy Crisis Cripples SMEs

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By Shakrullah Odunsi Nigeria’s current energy crisis has taken a negative toll on the activities of Small Medium Enterprises(SMEs) that are currently on life support. Indeed, the majority of the SMEs who spoke to Borderless News in separate interviews expressed frustration at the worsening state of the country’s energy supply […]

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PRESS RELEASE 1. EKO DISCO APPOINTS TINUADE SANDA AS ITS DEPUTY CEO 2. TINUADE SANDA NAMED EKEDC DEPUTY CEO 3. TINUADE SANDA BECOMES THE FIRST FEMALE DEPUTY CEO EKO DISCO The Board of Director of Eko Electricity Distribution Company (EKEDC) has approved the appointment of Dr. Tinuade Sanda as the Deputy Managing Director of Eko the Company. Prior to her appointment, Dr. Sanda was the Chief Accounting Officer, a position she had occupied since 2013. This announcement was made by the EKEDC General Manager, Corporate Communications, Godwin Idemudia through an official statement to the press. He stated, ‘we are pleased to announce that the Board of Eko DisCo has approved the appointment of Dr. Tinuade Sanda as the new Deputy CEO, which is in line with the company’s strategies and procedures. The Board and the Management are confident in Dr. Sanda’s proficiency and capacity to assist in leading the company towards its vision of becoming the leading and customer-centric electricity distribution company in Africa.’ In his statement, the Board Chairman, EKEDC, Mr. Oritsedere Otubu said “We are proud to announce Tinuade Sanda our first female Deputy CEO. Her appointment has proven the resilience of our succession planning mechanisms and the value we place on our corporate governance practices, which underpin our philosophy of building and recognizing home-grown talents.’’ Dr. Tinuade Sanda is a senior executive with vast experience in Financial Reporting, Treasury Management, Taxation, Mergers and Acquisitions, Finance Regulation, Risk Management and Financial Modeling. Prior to joining EKEDC in 2013, Dr. Tinuade was the Head, Finance and Administration at Vanguard Energy Resources, a leading oil and gas trading services company. In 2001, she joined the banking sector at Chartered Bank of Nigeria where she rose through the ranks before joining Access Bank as the Head of Retail Risk Management till 2012 when she left the sector. She earned her bachelor’s degree in Financial Accounting from Obafemi Awolowo University, and master’s degree in Business Administration from the Heriot-Watt University in Edinburgh. She also attended Strategic Financial Analysis for Business Evaluation Program at the Harvard Business School in 2015. She is a Fellow of the Institute of Chartered Accountants in Nigeria; Institute of Management Consultants, United States; and Institute of Professional Financial Managers, London. She is also an Associate Member of Risk Management Association of Nigeria; Financial Reporting Council of Nigeria; and the Institute of Directors, Nigeria. In 2020, She was awarded a Doctor of Philosophy in Financial Management & Entrepreneurship from the ICON University of Management Science & Technology, Benin Republic. Reacting to her appointment, Dr. Tinuade Sanda expressed her gratitude towards her new responsibility in the Company. She stated, ‘I appreciate the Board’s belief in my ability as I look forward to supporting the CEO in developing Eko DisCo further with the formidable workforce. “We know our role in the electricity industry; hence, I am going to give my best to ensure EKEDC continues to deliver on its promise to our customers and enhance collaboration with stakeholders to bring about further growth and development in the Nigerian Electricity Supply Industry.’ Dr. Sanda is an active participant in the electricity market, and she is a member of the CFO subcommittee of The Association of Nigerian Electricity Distributors (ANED) where her innovative ideas have led to positive changes introduced in the financial processes and systems of participants in the power sector.
Energy

Eko Disco Appoints Tinuade Sanda As Its Deputy CEO

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By Olatunde Dodondawa The Board of Directors of Eko Electricity Distribution Company (EKEDC) has approved the appointment of Dr. Tinuade Sanda as the Deputy Managing Director of Eko the Company. Prior to her appointment, Dr. Sanda was the Chief Accounting Officer, a position she had occupied since 2013. This announcement […]

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