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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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MEMMCOL Boss Advocates Adoption Of Technology To Stop Grid Collapse

The chairman of Momas Electric Meter Manufacturing Company,MEMMCOL,Engineer Kola Balogun,has advised Nigeria to consider adopting modern technology to stop the recurring grid collapse in the country. He gave the suggestion weekend at

July 5, 2022

Power

Ibadan Disco Decries Monthly Loss Of N50m To Vandals

Ibadan Electricity Distribution Company (IBEDC) Plc says it losses over N50million monthly to vandals through stolen cables, damaged transformers, and other network infrastructure. The company also decried the spate of vandalism within

July 5, 2022

Power

PremiumTrust Bank Opens Effurun Branch

PremiumTrust Bank has commissioned its fifth branch in Effurun, Delta State. Unveiling the new branch, Managing Director and Chief Executive Officer of the bank, Mr Emmanuel Efe Emefienim, noted that though the

July 2, 2022

Banking&Finance·Business

Germany Returns 1,130 Stolen Benin Bronzes To Nigeria

Germany will soon return o1,130 Benin Bronzes to Nigeria, 125 years after they were looted from the ancient Benin Kingdom during the Benin Expedition of 1897. Nigeria and Germany had signed

July 2, 2022

News·Nigeria News

Atlantic Council Appoints Barkindo As Distinguished Fellow

Mohammad Sanusi Barkindo, Secretary General for the Organization of the Petroleum Exporting Countries (OPEC), will join the Atlantic Council as a distinguished fellow in the Global Energy Center after the conclusion of

July 2, 2022

Next Level

Nuclear Power Enabler For Energy Transitions -Report

The International Energy Agency (IEA),says nuclear power can help countries in securing energy transitions. The agency revealed this in its report titled “Nuclear Power and Secure Energy Transitions: From Today’s Challenges

July 2, 2022

Power

NCDMB Rallies IOCs On Oil & Gas Parks Development

The Nigerian Content Development and Monitoring Board,has said that major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and ExxonMobil Nigeria, and the Nigerian Agip Oil Company

July 2, 2022

Oil&Gas

2023 General Elections: Ooni Drums For Peace In Nigeria

Ooni Adeyeye Enitan Ogunwusi, Ojaja II, the Ooni of Ife,has called for peace and tranquility as Nigeria approaches electioneering year. He expressed this at the annual Ayangalu Drum Festival during which he

July 2, 2022

News·Nigeria News

CBN Guarantees N131bn Loans For Nigerian Farmers

The Central Bank of Nigeria, through the Agricultural Credit Guarantee Scheme Fund,has guaranteed an estimated N130.903billion loans given to farmers across the country. The chairman of ACGSF, Mr Stephen Okon,disclosed this at

July 1, 2022

Agriculture

NDIC Parleys ICPC On Anti-corruption War

The Chairman of the Nigeria Deposit Insurance Corporation (NDIC) Board, Mrs Ronke Sokefun, has advocated the need for stronger collaboration on the implementation of the National Anti-Corruption Strategy (NACS) towards strengthening the

July 1, 2022

Insurance&Pension

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