Browsing Category
Business
Just in: FG has approved N5bn bailout for aviation sector says Sirika
The federal government has approved a whooping five billion naira for the operators of the Aviation sector following the challenges that trailed the outbreak of the COVID-19 pandemic.
The Minister of Aviation, Senator Hadi…
Secondary Treasury Bills market to compress as N246bn OMO maturities boost liquidity
Strong indications have emerged that rates in the secondary Treasury Bills market will compress further on the back of higher demand as the Open Market Operations (OMO) worth N246.0 billion would hit the system.
The Treasury…
Power sector records N243bn capacity loss in 10 months
The power sector has recorded a generation capacity loss of N243 billion from January to October.
This is contained in the October 2020 electricity generation statistics released on Sunday by the Association of Power Generation…
Free distribution of electricity meters begins today
Free distribution of electricity meters to Nigerians will commence today, Friday in the areas of coverage of the Kano, Kaduna, Eko and Ikeja electricity distribution companies.
The development followed a directive by…
Nigeria’s Power Generation peaks at 5,459MW says TCN
The Transmission Company of Nigeria (TCN) said on Thursday that the nation’s power industry recorded a major milestone as power generation peaked at 5,459.5 megawatts.
It said this quantum of electricity was efficiently…
WTO: We’ll engage relevant stakeholders to ensure Okonjo-Iweala’s emergence says FG
The Federal Government on Thursday reaffirmed its commitment to ensuring that Nigeria’s Ngozi Okonjo-Iweala emerges as the Director-General of the World Trade Organisation.
The Ministry of Foreign Affairs made this known in a…
WTO top job: I’m still positive says Okonjo-Iweala
Leading candidate in the ongoing jostle for the World Trade Organisation (WTO) top job and Nigeria's former Finance Minister, Dr Ngozi Okonjo-Iweala, says she remains positive in her bid despite last minute refusal by the United States.…
Just in: Okonjo-Iweala polls 104 votes to floor South Korea’s Myung-hee for WTO top job
Former Nigeria’s Finance Minister, Dr. Ngozi Okonjo-Iweala, has emerged as the Director General of the World Trade Organisation (WTO).
Although, she has not been formally unveiled as the DG, multiple news sources said on…
Pantami directs NCC to investigate illegal deduction complaints against Airtel
Minister of Communications and Digital Economy, Dr Isa Pantami, on Tuesday ordered the Nigerian Communications Commission to investigate complaints against telecommunications company, Airtel.
Many Nigerians who are using the…
Niger, Benin, Togo pay N2.04bn outstanding electricity bill to Nigeria
Niger, Benin, Togo remitted a total of N2.04bn in the first quarter of this year as their outstanding bill for electricity purchased from Nigeria.
The Nigerian Electricity Regulatory Commission disclosed this in its report…