NERC Approves Capex, Tariff Review for DISCOs
Contrary to the earlier position of the Minister of Power, Engr. Sale Mamman, who at the weekend allayed consumers’ fear that there will be no significant tariff increase, the Nigeria…
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Fertilizer Company Targets 500,000 Metric Tonnes Output
The Group Managing Director of Notore Chemical Industries Plc, Ohis Ohiwerei said the company has set a target to produce 500,000 metric tonnes of fertilizer output after it has completed…
Continue readingBill and Melinda Gates divorce tipped to smash Bezos’s world record for largest divorce settlement of $38 billion
The recent Bill and Melinda Gates split is touted by some analysts to be the world’s most expensive divorce, set to eclipse the world’s largest divorce settlement recorded in the…
Continue readingNDE Launches 2021 Development Training
The Acting Director General of the National Directorate of Employment, Mallam Abubakar Fikpo, launched the 2021 sustainable agricultural development training scheme in Owerri, Imo State. Fikpo who was represented by…
Continue readingRefinery: BUA Signs Contract with Lummus Technology
As part of its proposed refinery, BUA which is one of the largest conglomerates in Africa has signed a contract with Lummus Technology – a world leader in the construction…
Continue readingInflation Rate Reduced Value of N30,000 Minimum Wage – NLC
The Chairperson. Lagos State Council of the Nigeria Labour Congress, Funmi Sessi said on Friday that the challenges faced by workers were enormous because the inflation rate of 18.17 per…
Continue readingAirtel Africa Plc Appoints ex- Coca-Cola MD, Segun Ogunsanya as new CEO
Airtel Africa Plc has announced the appointment of Mr. Olusegun Ogunsanya as the new Managing Director and CEO effective from the 1st of October, 2021. This is according to a…
Continue readingIncrease in data and voice revenue drive MTN profit by 42.5% to N73.75 billion in Q1 2021
MTN Nigeria Communications Plc, the largest telecommunications company quoted on the Nigerian Exchange Group (NGX), has reported an improved profit of N73.75 billion for the first quarter of the year…
Continue readingSanwo-Olu Commends Total, NNPC Over Oxygen Plant
While inaugurating the Medical Oxygen Plant sited at the Gbagada General Hospital, Gbagada, Lagos State Governor, Mr. Babajide Sanwo-Olu commended Total Exploration and Production Nigeria Limited, Nigeria National Petroleum Corporation…
Continue readingCBN Queries First Bank Over Appointment of New MD
In a letter dated April 28, 2021 signed by the Director, Banking Supervision of Central Bank of Nigeria, Mr. Haruna Mustafa, CBN has queries the Board of the First Bank…
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