Business
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…
CBN Orders Instant Reversal For Dispense Errors On ATM Transactions
May 31, 2020
CBN Orders Instant Reversal For Dispense Errors On ATM Transactions
The Central Bank of Nigeria (CBN), in its determination to further enhance service quality, particularly quick refunds when customers experience…
Post Covid-19: Methanol Fuel Key To Economic Recovery -Minister
May 29, 2020
Post Covid-19: Methanol Fuel Key To Economic Recovery -Minister
Minister of Science and Technology Dr. Ogbonnaya Onu has said that the Methanol Fuel Technology policy will assist Nigeria’s economy…
MPC: CBN Reduces Interest Rate To 12.5%, Says Nigeria May Escape Recession
May 28, 2020
MPC: CBN Reduces Interest Rate To 12.5%, Says Nigeria May Escape Recession
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday voted to: reduce the Monetary Policy Rate…
Removing TCN Head May Jeopardize $1.66bn Transmission Projects, Threatens Power Sector Reforms – Forum
May 28, 2020
Removing TCN Head May Jeopardize $1.66bn Transmission Projects, Threatens Power Sector Reforms – Forum
The removal of the Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed, may reverse key…