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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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Danbatta Elected Into Council of Nigerian Academy of Engineering

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has been elected to the Governing Council of the Nigerian Academy of Engineering (NAE).

July 21, 2022

Next Level·Uncategorized

CBN Clears Air On Illicit Conversion Of Currency

The Central Bank of Nigeria (CBN) has clarified the statement made by the Governor, Godwin Emefiele, at the recent post-Monetary Policy Committee (MPC) meeting briefing, warning bank customers against converting the naira

July 21, 2022

Banking&Finance·Business

Global Electricity Demand Growth Waning,Says Report

The International Energy Agency latest electricity market report has said world’s electricity demand growth is slowing sharply in 2022 from its strong recovery the previous year as economic growth weakens and energy

July 21, 2022

Power

Abiodun Deplores Proliferation Of Fake Monarchs

Ogun State Government has expressed worries over the proliferation of illegal traditional rulers in the state. The government also expressed dissatisfaction against some people procuring fake appointment letters and parading themselves as

July 21, 2022

News·Nigeria News

FG To Indigenous Firms: Develop Nigerian Upstream Sector Through Acquisition Of IOC Assets

The Federal Government has implored Indigenous Petroleum Producers Group (IPPG) to take advantage of the ongoing divestments by International Oil Companies (IOCs) to significantly increase their investments in oil and gas assets

July 21, 2022

Oil&Gas

Insolvency: NCAA Suspends Dana Air Operations Indefinitely

The Nigerian Civil Aviation Authority (NCAA) has suspended Dana Airlines’ Air Transport Licence (ATL) and Air Operator Certificate (AOC) indefinitely. The action took effect from midnight of Wednesday, 20th July, 2022,NCAA’s Director-General,said

July 20, 2022

Aviation·Business

Buhari Congratulates New TUC President

President Muhammadu Buhari felicitates with Comrade Festus Osifo, newly elected President of Trade Union Congress of Nigeria (TUC). He salutes the vision and courage of the dedicated trade unionist, whose election as

July 20, 2022

News·Nigeria News

No Record Of 5Years Subsidy Payments In Petroleum Ministry -Official

The Federal Ministry of Petroleum Resources,hassaid that it has no financial records of fuel subsidy payments from 2017 to 2021. The Ministry told the House of Representatives adhoc Committee probing fuel subsidy

July 20, 2022

News·Nigeria News

MKO Abiola Not Involved In Narcotics-Family

The family of Moshood Kashimawo Olawale Abiola (MKO), has berated a journalist, David Hundeyin for peddling rumour that the June 12 hero was involved in narcotics. Hundeyin had authored an article titled:

July 20, 2022

News·Nigeria News

Inflationary Pressures Forced Us To Raise Interest Rate -CBN

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate from 13 per cent to 14 per cent. The decision was announced as members

July 20, 2022

Banking&Finance

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