Business

FG Inaugurates Implementation C’ttee To Revitalize Calabar, Kano Special Economic Zones

FG Inaugurates Implementation C’ttee To Revitalize Calabar, Kano Special Economic Zones

Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo has charged members of the Transactions Implementation Committee (TIC), for…
AfDB projects West African Growth To Contract By -2.0% In 2020

AfDB projects West African Growth To Contract By -2.0% In 2020

Growth in West Africa, poised to expand by 4.0 percent in 2020, now projected to contract by -2.0 percent in…
NERC to separate TCN into 2 power agencies to ensure independence

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

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

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

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

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

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

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

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…
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