Nigeria’s power sector in need of recapitalisation amid disinvestment threat
08 September 2019 |
10:15 am
Amidst talks of a further divestment in Nigeria's power sector, International Finance Corporation's Nigeria Country Manager, Eme Essien Lore says the country needs a plan of action on how Discos can over time become financially sustainable. To discuss divestment, stranded power, and a failed social contract within Nigeria's power sector, Eme Essien Lore joins CNBC Africa's Christy Cole for more.
Related
Related
2 hours ago
Sierra Leone is now treating Sunday's clashes that killed 21 people in the capital Freetown as a failed coup attempt. Thirteen military officers and one civilian are under arrest. Meanwhile, 11 miners have lost their lives in South Africa after an elevator carrying 86 workers plunged 200 metres at a platinum mine.
2 hours ago
Kim Kardashian's comedy has reportedly been sold to Netflix
6 hours ago
The Lagos State Internal Revenue Service has deployed an upgraded electronic process for the collection of Hotel Occupancy and Restaurants Consumption Tax in the state. How efficient is the process in driving tax revenues? Theo Emuwa, a Partner at Aelex, joins CNBC Africa for this discussion.
6 hours ago
David Doyle brings you a round up of this week's business news from sub-Saharan Africa, including a setback for Zambia and currency woes in Nigeria.
6 hours ago
We focus on the situation in Sierra Leone, where 20 people were killed during Sunday’s attack on military barracks. President Julius Maada Bio said in an address on Sunday that most of the leaders of the attack had been arrested. Officials confirmed, however, that nearly 2,000 inmates escaped central prison during the events and only 23 have so far been brought back.
1 day ago
Dheepthika Laurent chats to American choreographer and dancer Trajal Harrell about his retrospective at Paris's Festival d'Automne. They also talk about vogueing, the focus of his seminal eight-year project "Twenty Looks or Paris is Burning at the Judson Church" and his current field of interest: Japanese dance style Butoh.
1 day ago
Rights groups are calling on the Japanese government to improve conditions for women in Japanese prisons. Statistics show most women in Japan are incarcerated for non-violent offenses.
1 day ago
Since the Hamas terror attack on Israel on October 7, nearly 1,000 antisemitic incidents have been reported in Germany. Some of these acts include extreme violence and property destruction, a German association said.
1 day ago
Since the October 7 Hamas attacks, India has become a hub of fake news and Islamophobic content. On social media, as well as on 24-hour news channels, the conflict between Israel and Hamas has inflamed Hindu extremists, venting their hatred of Muslims under the guise of support for Israel.
1 day ago
Africa is the most vulnerable continent for the effects of climate change, the UN has said. Young Africans are calling for urgent action and for ramping up funding for African-made solutions to tackle the climate crisis.
1 day ago
Despite efforts to save the captive animal, a female elephant named 'Noor Jehan' has died in a Karachi zoo. Critics are calling for the zoo's closure. Warning: Contains distressing images.
Latest
1 day ago
Rights groups are calling on the Japanese government to improve conditions for women in Japanese prisons. Statistics show most women in Japan are incarcerated for non-violent offenses.
1 day ago
Since the Hamas terror attack on Israel on October 7, nearly 1,000 antisemitic incidents have been reported in Germany. Some of these acts include extreme violence and property destruction, a German association said.
1 day ago
Since the October 7 Hamas attacks, India has become a hub of fake news and Islamophobic content. On social media, as well as on 24-hour news channels, the conflict between Israel and Hamas has inflamed Hindu extremists, venting their hatred of Muslims under the guise of support for Israel.
1 day ago
Africa is the most vulnerable continent for the effects of climate change, the UN has said. Young Africans are calling for urgent action and for ramping up funding for African-made solutions to tackle the climate crisis.
1 day ago
Despite efforts to save the captive animal, a female elephant named 'Noor Jehan' has died in a Karachi zoo. Critics are calling for the zoo's closure. Warning: Contains distressing images.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.