Discos Reject 8,733.39MW, Shut 4 Power Plants in One Week
In spite of the outcry and the fact that Nigerians are still contending with the recent sudden hike in electricity tariff, the number of the nation’s power plants now out…
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Reactions Trail the Recent Hike in Price of Petrol and Electricity Tariff
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation had, on Wednesday, increased the price at which Premium Motor Spirit (petrol) is sold to marketers at…
Continue readingZenith Bank Declares N103.83bn Half Year Profit in Its Unaudited Report
In its unaudited report for the half year which ended on June 30, 2020. Zenith Bank Plc declared profit after tax of N103.83bn from N88.8bn, accounting for 16.82 per cent…
Continue readingNNPC Opens Invite to Bidders For Crude Oil Contracts for 2021
The Nigerian National Petroleum Corporation (NNPC) has announced the opening of invites to interested local and international companies to submit bids for crude oil contracts for the year 2021. The…
Continue readingSpeculators Count Losses as Naira Exchanges for N420/$
Following the intervention made by the Central Bank of Nigeria in the Investors and Exporters window, the Naira exchanged to the Dollar at the parallel market at N420/$ on Wednesday….
Continue readingReopening of Schools: FG Gives Approval to State Governments
The Federal Government of Nigeria (FG) has given approval to State Governments and School Administrator to start making preparations for the full reopening of the schools in the country. It…
Continue readingSchneider Electric Launched Smart Power Solutions
Schneider Electric has taken a bold step to drive down the cost of power disturbances which is pegged at $29 billion annually by launching a range of smart power solutions…
Continue readingFG Tells AfDB to Step-up Job Creation for the Youths
The Federal Government of Nigeria (FG) has advised the African Development Bank (AfDB) on the need to step up its efforts in helping African countries to create jobs for the…
Continue readingFCCPC To Investigate DSTV, Other PayTV Providers Over Consumer Rights Violations
The Federal government of Nigeria has through the Federal Competition and Consumer Protection Commission (FCCPC) has begun an Investigation into Competition and Possible Consumer Rights Violations by DSTV, GOTV, and…
Continue readingOil Marketers Expressed Surprise Over N5.35bn Petrol Subsidy Declared by NNPC
Oil marketers have expressed surprise over N5.35bn petrol subsidy in June 2020 as disclosed by the Nigerian National Petroleum Corporation in its latest operations report. The Independent Petroleum Marketers Association…
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