Electricity Grid Collapsed 27 Times in Three Years
The latest data from the Nigerian Electricity System Operator (NESO) have shown that the nation’s power grid collapsed 27 times in the last three years. The grid recorded 25 total…
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AMCON Takes Over Inducon Nigeria’s Assets
In a statement from the Head, Corporate Communications Department of the Asset Management Corporation of Nigeria (AMCON), Jude Nwauzor, the corporation has ken over an asset belonging to the Chief…
Continue readingCOVID-19 Challenges May Compel MPC to Cut Lending Rate
The Monetary Policy Committee of the Central Bank of Nigeria may consider cutting interest rates in the country as a result of the challenges of COVID-19 pandemic. The CBN had…
Continue readingSterling Bank Partners Mercy Corps To Train 90,000 Farmers on Best Agro Practices
Sterling Bank Nigeria Plc has linked up with the foremost international NGO, Mercy Corps, in order to provide training for over 90,000 farmers across Nigeria on better agricultural practices to…
Continue reading10 Million Poultry Industry Jobs Under Threat – PAN
The Poultry Association of Nigeria (PAN) has raised an alarm over the impending loss of about 10 million jobs in the poultry industry due to the scarcity of maize and…
Continue readingPolaris Bank: Read Details about Polaris Business Loan for SMEs
One of Nigeria’s biggest money deposit Bank, Polaris Bank, has launched a banking product for Small and Medium Enterprises (SMEs), the new product is called Polaris Business Loan. The new…
Continue readingDesist from Illegal Sales of LPG – DPR Warns
The Department of Petroleum Resources (DPR) has warned all those who indulge in illegal sale of Liquefied Petroleum Gas (LPG) and other sharp practices to desist from such henceforth. This…
Continue readingNigeria’s Active Telephone Subscribers Now 208 Million – NCC
At a briefing for the new Permanent Secretary of the Federal Ministry of Communications and Digital Economy, Festus Daudu, on the functions and regulatory activities of the commission, NCC’s Executive…
Continue readingDebt Service Payments Pose Greatest Risk to Nigeria’s Economy – Adesina
The President, African Development Bank, Dr. Akinwumi Adesina disclosed while delivering a speech at the first national tax dialogue on Thursday that AfDB has projected a growth rate of 1.5…
Continue readingFG’s Bond for January Oversubscribed by N88.28bn
The Federal Government’s bonds for January which were auctioned on Wednesday were oversubscribed by N88.28bn. This was disclosed by the Debt Management Office on its website. The Federal Government’s bonds…
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