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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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100,000MWs Will End Nigeria’s Power Crisis, Says Nnaji

Nigeria needs over 100, 000 megawatts of power to address the persistent power problem in the country, former Minister of Power, Prof. Barth Nnaji, has said Nnaji,who disclosed this in Enugu on

April 30, 2022

Power

31 Inmates In Ogun Freed

Ogun State Chief Judge, Justice Mosunmola Dipeolu, has granted amnesty to 31 inmates in five Correctional Centres across the state as part of efforts to decongest the facilities. They were released from

April 30, 2022

News·Nigeria News

EU Promises To Help Nigeria Stabilise Electricity Transmission Network

The European Union (EU) has reaffirmed its support for the Transmission Company of Nigeria (TCN) to stabilise electricity network in some parts of the country. Ms Inga Stefanowicz, the Team Leader, EU’s

April 30, 2022

Power

Nigeria Names AfreximBank’s Chief Among Outstanding Women Leaders

The Managing Director of African Export-Import Bank’s (Afreximbank) Intra-African Trade Initiative Division, Mrs.Kanayo Awani,has been named one of the 100 outstanding women leaders in Nigeria. This is contained in a statement issued

April 30, 2022

Next Level

Seplat Energy Grows Profit By 197.8%

Seplat Energy Plc, has announced its unaudited results for the three months ended 31 March 2022, recording a rise in profit before tax by 197.8 per cent to N34.7bn from N10.6bn

April 29, 2022

Oil&Gas

NNPC, FIRS, Others Rake In N28.02trn In Three Years

The Nigerian National Petroleum Corporation (NNPC); Federal Inland Revenue Services (FIRS); Department of Petroleum Resources (DPR) now Nigeria Upstream Petroleum Regulatory Commission (NUPRC) and the Ministry of Mines and Steel Development (MMSD)

April 29, 2022

News·Nigeria News

Troops Kill ISWAP Commander, Arrest Informant,Others

Nigerian troops have killed 23 terrorists in the last three weeks, including a top Islamic State of West Africa Province (ISWAP) Commander, Abubakar Dan-Buduma in the fight against terrorism in the North

April 29, 2022

News·Nigeria News

Tinubu Didn’t Nominate Me As VP – Osinbajo

Vice President Yemi Osinbajo has said that the former Lagos State Governor and National Leader of the All Progressive Congress, Ahmed Bola Tinubu,was not instrumental to his emergence as Vice President in

April 29, 2022

Politics

CBN Urges Nigerians To Embrace Economic Interventions

The Central Bank of Nigeria (CBN) has emphasized the need for Nigerians to embrace its intervention programmes to promote financial stability and economic development. The CBN Director of Corporate Communications, Mr Osita

April 29, 2022

Banking&Finance·Business

Sogunle Laments MSMEs Low Access To Credit

The Chief Executive Officer, Stanbic IBTC Holdings Plc, Dr. Demola Sogunle, has said only 4 percent of the 40 million Micro Small and Medium Enterprises have access to credit facilities in Nigeria.

April 29, 2022

News·Nigeria News

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