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President of Botswana Appoints Akinwole II Omoboriowo as Vice Chairman of Botswana Power Corporation’s Board of Directors

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Botswana’s energy sector is set to gain a new strong voice with clear vision at its highest levels following the appointment of Nigerian energy leader Akinwole II Omoboriowo as Board Member and Vice Chairman of the Botswana Power Corporation’s (BPC) Board of Directors. The move, confirmed on BPC’s official website, comes as the nation seeks to address persistent electricity supply challenges, expanding its renewable energy footprint and become net exporter of clean energy within a short period of time.

Omoboriowo, a leader in African power infrastructure and energy finance, brings over two decades of experience in utility-scale generation, project structuring, and cross-border energy development. He currently serves as Chairman and CEO of GENESIS Energy Group, where he has led utility-scale generation projects of more than 780MW in operations, ongoing construction, and advanced development in Nigeria, South Africa, Benin Republic, Zambia, Rwanda, Zimbabwe, Mali and United Kingdom with a project development pipeline north of 4.5GW. His expertise spans conventional power infrastructure development, distributed energy deployments (both renewable and gas), natural gas commercialisation, energy markets reforms and specialised energy investment financing- capabilities that align with Botswana’s current reform priorities.

Steering Botswana’s Energy Transition..TAP TO CONTINUE FULL READING.

A recent World Bank-sourced energy generation monitoring indicates that Botswana’s electricity generation at key coal plants has fluctuated significantly, with Morupule B’s production declining from 3,328 GWh in 2022–23 to 2,674 GWh in 2024–25 — reflecting instability in domestic supply capacity.

Omoboriowo joins BPC at a pivotal moment as the corporation continues to implement its Maduo 26 strategy, a five year transformation agenda launched in 2022 to improve operational efficiency and financial performance and make the utility a regional benchmark in energy supply. Experts say this strategy complements national priorities to diversify Botswana’s energy mix, increase renewable generation, and strengthen grid resilience — all part of wider reforms under the country’s Integrated Resource Plan.

His appointment reinforces BPC’s commitment to:

Expanding renewable energy capacity

Strengthening regional power trade within the Southern African Power Pool (SAPP)

Enhancing grid resilience and operational performance

Mobilising investment into sustainable energy infrastructure

Under this framework, BPC seeks not only to stabilize Botswana’s electricity supply but also to position the country as a net exporter of electricity within the Southern African Power Pool (SAPP). Omoboriowo’s leadership is expected to focus on corporate structural re-alignment, capital efficiency, governance and ensuring that infrastructure development translates into measurable operational and commercial outcomes.

A Continental Perspective

Omoboriowo’s career highlights a trend of intra-African professional mobility, where expertise developed in other market is leveraged to solve complex challenges elsewhere. His experiences spans structuring and investing in multiple countries including the United Kingdom across both conventional and renewable energy projects, emphasizing capital efficiency, financial engineering governance, and execution rigour.

In a public LinkedIn post, Omoboriowo acknowledged the confidence placed in him by President Advocate Duma Boko of Botswana, as well as that of Minister of Minerals and Energy, Her Excellency Bogolo Joy Kenewendo, describing the role as an opportunity to contribute to a national institution at a critical stage of its development.

“I assume this responsibility with humility — but with buoyancy, high commitment to duty, and unwavering dedication to delivery. The work ahead is substantial, but so too is the opportunity to contribute meaningfully to a critical national institution at an important moment in its evolution,” Omoboriowo wrote.

Implications for Regional Energy Integration

As Botswana seeks to diversify its energy sources, improve system resilience and secure its energy security, the performance of BPC remains central to the country’s industrial ambitions and regional competitiveness. Enhanced governance and strategic oversight could influence not only domestic reliability but also Botswana’s role within the Southern African electricity market.

With Maduo 26 approaching its 2026 target horizon, Omoboriowo’s role as Vice Chairman places him at the heart of one of the most consequential transformation efforts in Botswana’s energy sector in recent years — a development that policymakers and regional energy stakeholders will be watching closely.

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New CBN BVN Rules: 5 Things Nigerians Must Know From May 1

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The Central Bank of Nigeria (CBN) has introduced new Bank Verification Number (BVN) rules effective from May 1, 2026, aimed at reducing fraud, especially SIM swap and identity theft cases. The regulations include stricter controls on phone number changes, age restrictions, device limits, and temporary account restrictions for suspicious activities. Here is a simple breakdown of what you need to know.

One phone number change in a lifetime – Customers can only change the phone number linked to their BVN once. Choose carefully.
24-hour watchlist for suspicious BVNs – Banks can temporarily restrict accounts flagged for suspicious activity while investigations are conducted.
BVN registration is now for adults only – Only individuals aged 18 and above can independently register for a BVN. Minors require guardian-linked arrangements.
One device per banking app – You can only use your banking app on one device at a time. Switching devices triggers a 24-hour transaction limit of N20,000.
Authorised channels only – BVN services are now limited to CBN-approved banks and financial institutions. Avoid third-party apps or unofficial agents.

The new rules may feel strict, but they are designed to protect your money and reduce fraud. Be more careful with your phone number, devices, and banking activities to avoid unnecessary restrictions...TAP TO CONTINUE FULL READING.

Sources: Nigerian Tribune

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‘Nigeria is a safe country’ Reno Omokri Tells Portuguese Ambassador Who Drives Nigeria Highways Without Escort, Calls Trips Safe

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The Portuguese Ambassador to Nigeria has driven from Abuja to Bauchi and back without a security escort, describing the journeys as “very normal” and safe. Reno Omokri shared a video of the ambassador, praising Nigeria’s overall safety under President Tinubu. The ambassador also reportedly drove from Enugu to Abuja without incident. However, critics point to over 1,000 abductions since January 2026 and frequent highway kidnappings, questioning the safety claims.

Key Points:

Critics noted bandit attacks in Bauchi and other regions.
Many questioned why top Nigerian officials don’t take the same unescorted routes.
The ambassador acknowledged “some localized issues” but highlighted safety overall.
Over 1.5 million safe visitors to Lagos during the December holidays were cited.
Social media users expressed a divide between official accounts and citizens’ realities...TAP TO CONTINUE FULL READING.

The ambassador’s experience contrasts sharply with the lived reality of many Nigerians.

Sources: X

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Nigerians Convicted in $215m Global Email Fraud

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More than 1,000 victims across 19 countries were defrauded of about $215 million in a sprawling business email compromise scheme, leading to convictions of Nigerian nationals, the US attorney’s office has said. Twenty-five defendants were convicted on April 24. Among them were four Nigerian nationals and five naturalised US citizens of Nigerian descent. The scheme involved hacking email accounts and crafting fraudulent payment requests.

Key Points:

Victims were located in the US, UK, Germany, UAE, Australia, and 14 other countries.
One victim’s business sent $2.7 million to a shell company account.
Seized items included luxury watches worth over $215,000 and a Georgia residence.
The FBI, US Postal Inspection Service, and Border Patrol conducted the investigation.
A Chicago-area money service business owner was a co-defendant...TAP TO CONTINUE FULL READING.

Each defendant’s sentence will be determined based on their role and criminal history.

Sources: The Cable, Punch

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