October 2022 - Page 12 of 16

How Ajeokuta Steel Company Can Fetch N80bn Annually-NSE

A capital injection of N701billion to reactivate a section of Ajaokuta Steel Company Limited would generate N809.56 billion profit over 10 years, a fellow of Nigerian Society of Engineers (NSE),Dr. Otis Anyaeji

2 years ago

News·Nigeria News

Expansion: NIPCO Plc Acquires Abuja Sheraton Hotels

22 Hospitality Limited,a subsidiary of Nigerian Independent Petroleum Company,NIPCO Plc, has announce the acquisition of a majority stake in Capital Hotels Plc (CHP),the former owner of the iconic Abuja Sheraton Hotel. The

2 years ago

Oil&Gas

Court Orders Banks To Freeze Three Oil,Gas Firms’ Accounts Over Non-disclosure Of Lifted Crude Oil

A Federal High Court in Lagos, has directed 18 commercial banks in Nigeria, to freeze and place a Post No Debt (PND) on any sum of money, standing to the credit accounts

2 years ago

Law/Human Rights

LCCI Faults Proposed N10.57bn Loans, Seeks Alternatives To Borrowing

The Lagos Chamber of Commerce and Industry has faulted the proposal of the federal government to use N10.57bn new loans to finance the deficit in the 2023 budget. Premium News reports that

2 years ago

News·Nigeria News

GE Promises Better Deal For Nigeria’s Power Sector

General Electric a world leader in power technology and services, has announced a better deal for Nigeria’s power sector. It reiterated its commitment to support a robust, timely, just, and inclusive energy

2 years ago

Power

Origene Expresses Commitment To Boost Fertility Among Couples

Origene Fertility, a fertility clinic,has reiterated its commitment to supporting couples on the journey to parenthood, while encouraging them to remain unfazed in their desire to have children. The clinic gave the

2 years ago

Health

Adesina Tasks Civil Societies On Improved Climate Change In Africa

President of the African Development Bank Group Dr Akinwumi Adesina says civil society organizations are essential partners in the Bank’s effort to build the continent’s resilience to climate change. He spoke at

2 years ago

Environment

Kaduna Electric Announces Salary Increase For Staff

The new Board of Directors of Kaduna Electric has approved salary increase for staff across board. The news of the upward review of salaries was contained in a statement by the Managing

2 years ago

Labour/Human Resources

Police Nab Fleeing Inmate Of Kuje Prison In Kano

Police authority in Kano on Friday said they have arrested Mohammed Sadiq,a suspected Kuje Correctional Centre escapee. A statement by the local police image maker, SP Abdullahi Haruna Kiyawa, disclosed that the

2 years ago

Crime/Metro

Abuja-Kaduna Train Attack:FG Didn’t Pay Ransom To Free Remaining Passengers -Minister

Minister of Transportation, Mu’Azi Sambo has hinted that the federal government secured the release of the last batch of hostages kidnapped by terrorists during the attack on Abuja-Kaduna Train on March 28,

2 years ago

News·Nigeria News

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October 2022 - Page 12

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