Business
DisCos May Lose N366bn Revenue Over 3 Months Suspended Tariff Hike
June 4, 2020
DisCos May Lose N366bn Revenue Over 3 Months Suspended Tariff Hike
The 11 electricity Distribution Companies (DisCos) are expected to lose N366 billion revenue as the three months of suspending a…
FG Inaugurates 8-Man Committee To Review Ground Rents, Tenement Rates Of PHCN Facilities
June 4, 2020
FG Inaugurates 8-Man Committee To Review Ground Rents, Tenement Rates Of PHCN Facilities
The Federal Government has inaugurated an Inter-Ministerial Committee on ground rent and tenement rates for the inherited assets of the…
SON’s Product authentication scheme to empower Nigerian consumers -Aboloma
June 3, 2020
SON’s Product authentication scheme to empower Nigerian consumers -Aboloma
The Director General, Standards Organization of Nigeria, (SON) Mr. Osita Aboloma has hinted that very soon, Nigerian Consumers would be…
NNPC To Unveil COVID-19 Contacts-Tracing App
June 3, 2020
NNPC To Unveil COVID-19 Contacts-Tracing App
In line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum…
Afreximbank, ITC sign pact to grow African trade
June 3, 2020
Afreximbank, ITC sign pact to grow African trade
Afreximbank is teaming up with ITC to train small-business owners and young entrepreneurs in Africa to trade with other African…
SEC New DG, Yuguda pledges to work with all stakeholders
June 3, 2020
SEC New DG, Yuguda pledges to work with all stakeholders
The incoming Director General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has pledged the determination of the nominees in…
REA Commissions Two Hybrid Solar Power Mini-grids in Bayelsa Communities
June 2, 2020
REA Commissions Two Hybrid Solar Power Mini-grids in Bayelsa Communities
The Rural Electrification Agency (REA) said it has commissioned two solar hybrid mini grids in Akipelai and Oloibiri communities of…
Senate Approves Buhari’s $5.513bn External Loan Request
June 2, 2020
Senate Approves Buhari’s $5.513bn External Loan Request
The Senate has approved President Muhammadu Buhari’s $5.513 billion external borrowing request. A statement by Ezrel Tabiowo, the Special Assistant…
Again, Power grid collapses, TCN assures speedy restoration
June 2, 2020
Again, Power grid collapses, TCN assures speedy restoration
The Transmission Company of Nigeria (TCN) on Tuesday announced national power grid collapse with the promise of speedy restoration. The…
FG reduces Fuel Pump Price to N121.50/Litre
June 1, 2020
FG reduces Fuel Pump Price to N121.50/Litre
The Federal Government yesterday further reduced the Pump Price of fuel from N123.50/litre to N121.50/litre. Recall, Nigeria is operating an…