Business
NERC to separate TCN into 2 power agencies to ensure independence
July 11, 2020
NERC to separate TCN into 2 power agencies to ensure independence
The Nigerian Electricity Regulatory Commission (NERC) has initiated processes to split the Transmission Company of Nigeria (TCN) into two firms,…
Power minister inspects Gagarawa Substation, directs contractors back to sites
July 11, 2020
Power minister inspects Gagarawa Substation, directs contractors back to sites
The Minister of Power, Engr. Sale Mamman, has directed all contractors handling power projects across the country to return to…
Flood: NEMA Alerts 102 LGAs, 28 States
July 10, 2020
Flood: NEMA Alerts 102 LGAs, 28 States
The National Emergency Management Agency (NEMA) has said 102 Local Government Areas (LGAs) in 28 states in the country fall…
2020 Budget: Buhari Orders Release Of 50% Fund For Capital Projects + SPEECH
July 10, 2020
2020 Budget: Buhari Orders Release Of 50% Fund For Capital Projects + SPEECH
President Muhammadu Buhari on Friday signed the revised 2020 budget into law, and further directed the Federal Ministry of Finance,…
Rainfall: TCN Reschedules Upgrade Of 132KV Power Transmission Line In Sagamu
July 9, 2020
Rainfall: TCN Reschedules Upgrade Of 132KV Power Transmission Line In Sagamu
The Transmission Company of Nigeria (TCN) said it has rescheduled ongoing upgrade of the dual construction of the 132 kilovolts…
17 ships with petroleum products, others to berth at Lagos ports
July 9, 2020
17 ships with petroleum products, others to berth at Lagos ports
The Nigeria Ports Authority (NPA) said 17 ships laden with petroleum products, food items and other goods are expected to…
DisCos Losing N14bn Monthly To Capped Estimated Billing
July 9, 2020
DisCos Losing N14bn Monthly To Capped Estimated Billing
The power Distribution Companies (DisCos) say they are losing N13.9 billion monthly to the capped estimated billing order by the…
NNPC Begins Investigation As Explosion Kills Seven At NPDC’s Benin River
July 8, 2020
NNPC Begins Investigation As Explosion Kills Seven At NPDC’s Benin River
The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the…
COVID-19: 21m jobs disrupted in Nigeria – Minister
July 8, 2020
COVID-19: 21m jobs disrupted in Nigeria – Minister
At least 21 million jobs may have been disrupted by the Coronavirus, COVID-19 pandemic lockdown in Nigeria. The Minister of…
FIRS Extends Tax Debt Payments To August 31st
July 8, 2020
FIRS Extends Tax Debt Payments To August 31st
The Federal Inland Revenue Service (FIRS) has further extended the closing date of its waiver of penalty and interest window…