Business

Again, Minister terminates Marilyn’s appointment as Ewelukwa becomes MD of NBET

Again, Minister terminates Marilyn’s appointment as Ewelukwa becomes MD of NBET

The Power Sector, the Honourable Minister of Power Engr. Sale Mamman, has announced the appointment of Dr. Nnaemeka Ewelukwa as…
Dangote, World’s Biggest Cement, Clinker Exporter

Dangote, World’s Biggest Cement, Clinker Exporter

To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation…
Uduk still at Headquarters -SEC Clarifies

Uduk still at Headquarters -SEC Clarifies

The Securities and Exchange Commission (SEC) has denied that it’s Acting Director General, Ms. Mary Uduk has resigned from the…
Interview: Calls for reversal of power sector privatization unfair to investors – Chairman, Mainstream Energy

Interview: Calls for reversal of power sector privatization unfair to investors – Chairman, Mainstream Energy

Colonel Sani Bello (Rtd) is the Chairman, board of directors of Mainstream Energy Solutions Limited (MESL), concessionaire for the Kainji…
AfDB approves $20m to contain spread of COVID-19 in G5 Sahel nations

AfDB approves $20m to contain spread of COVID-19 in G5 Sahel nations

The Board of Directors of the African Development Bank on 9 June 2020 approved $20 million in grant funding from…
NIPC Q1 2020 Report Shows N152bn Investments, 18 Company Applications

NIPC Q1 2020 Report Shows N152bn Investments, 18 Company Applications

The first quarter, 2020 report released by the Nigerian Investment Promotion Council, (NIPC) shows that 18 new applications and 1…
Power: GenCos Raise Generation Capacity By 4,000MW, Decry N600bn Debt

Power: GenCos Raise Generation Capacity By 4,000MW, Decry N600bn Debt

Power Generation Companies (GenCos) in Nigeria have said they have raised power plants’ capacity by 4,000 megawatts (MW) seven years…
AEDC Launches Smart Fault Detector For High-Tension Lines

AEDC Launches Smart Fault Detector For High-Tension Lines

Abuja Electricity Distribution Company (AEDC) has announced the deployment of a smart high-tension overhead fault detector for 11 kilovolts (KV)…
NERC to Sanction 7 DisCos For Overbilling customers

NERC to Sanction 7 DisCos For Overbilling customers

The Nigerian Electricity Regulatory Commission, NERC has issued notices of intention to commence enforcement action against seven electricity Distribution Companies,…
The Economic Repercussion Of Coronavirus Pandemic On Nigerians

The Economic Repercussion Of Coronavirus Pandemic On Nigerians

As the reality of the coronavirus pandemic dawns on Nigeria, the country, like the rest of the world has begun…
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