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Default: Power Group Seeks Market Operators, DisCos’ Increased Engagement

Mohammed Shosanya Power Up Nigeria,a consumer group in the nation’s power sector,has advocated the need for increased engagement between Market Operators and Distribution Companies to resolve issues surrounding the latter’s non-compliance with

April 30, 2023

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SEC Celebrates Investors

The Securities and Exchange Commission, in collaboration with the Financial Literacy Technical Committee (FLTC), is set to join the rest of the world between today and Friday, 28 October, 2022, to celebrate

October 24, 2022

Regulators·SEC

COVID-19: African Airlines To Lose $3.5bn In 2022

The African Airlines Association,says airlines in the continent will lose $3.5 billion in 2022,which is equivalent to 20% of 2019 full year revenues. The projected revenue loss due to COVID for the

October 24, 2022

Aviation·Business

P&ID Scam: EFCC Arraigns Lagos Former Attorney-General For Alleged $200,000 Bribe

The Economic and Financial Crimes Commission, EFCC, today,Friday arraigned a former Attorney-General and Commissioner for Justice, Lagos State, Olasupo Shasore. Shasore,SAN,was arraigned on a two-count charge allegedly bordering on corrupt offers of

October 21, 2022

News·Nigeria News

Bonga: In A Class Of Its Own

By Precious Okolobo The Group General Manager of the National Petroleum Investment Management Services (NAPIMS), Mr. Bala Wunti, visited Bonga, Nigeria’s first deep-water development, last month and came away with an endorsement

October 21, 2022

Opinion

African Development Bank Unveils Scheme To Improve Livelihoods For Youths In Nigeria,Others

The African Development Bank has launched a multinational project to create jobs and improve livelihoods for youth in three African countries. The Creating Sustainable Youth MSMEs Through Urban Farming (SYMUF) initiative will

October 21, 2022

Agriculture

Nigeria Yet To Experience System Collapse This Year- Jedy-Agba

Nigeria had not experienced system collapse this year, but only grappling with system disruption and disturbance, Minister of State for Power, Goddy, Jedy-Agba has said He told the House investigative Committee on

October 20, 2022

Power

Strategic Capital Investment Acquires Polaris Bank

The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 per cent

October 20, 2022

Banking&Finance·Business

Yuguda Explains Benefits Of Markets Integration

Director General of the Securities and Exchange Commission Mr. Lamido Yuguda has explained that the aim of the West African capital markets integration programme is the creation of an enabling environment for

October 20, 2022

Regulators·SEC

30m Nigerians Lack Access To Internet -NCC

Prof. Umar Garba Danbatta, Executive Vice Chairman of the Nigerian Communications Commission(NCC) says over 30 million Nigerians don’t have access to the internet. Danbatta disclosed this on Thursday in Abuja at the

October 20, 2022

IT&Telecoms

Flood: Our Bonny Plant Still Operating -NLNG

The Nigeria LNG Limited (NLNG) says operations at its facilities are still in force despite recent declaration of force majeure therein on account of flood. Andy Odeh,General Manager, External Relations and Sustainable

October 20, 2022

Oil&Gas

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