FG, states raise N100bn for meter procurement
The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters. Minister of Power, Adebayo Adelabu, said this was under the Presidential Meter Initiative programme. Adelabu disclosed this while addressing broadcasters in Ibadan, the Oyo…
Enugu Governor, Peter Mbah Urges Youth to Embrace Technology and Hard Work for Success
The governor of Enugu State, Dr. Peter Mbah, has advised youth of the state to embrace technology and imbibe the virtues of hard work, courage, and empathy in order to make success out of their lives. Mbah, however, emphasised that…
NNPC begins export of gas to Japan, China
The Nigeria National Petroleum Corporation (NNPC) Limited has announced the commencement of Liquefied Natural Gas (LNG) exports to the Asian markets of China and Japan. The spokesperson of the national oil company, Olufemi Soneye, made this disclosure in a statement…
Kogi monarch applauds World Bank, FG investment in livestock farming
The Ohinoyi of Ebiraland, His Majesty Ahmed Tijani Anaje, has commended the World Bank, Federal Government and Kogi State Government for investing heavily in the livestock sector to generate enormous income for Nigerians. The royal father stated this when staff…
FCMB appoints new board members
First City Monument Bank Limited has appointed Ademola Adebise and Mrs Olufunmilayo Adedibu to its board of directors. A statement from the bank on Wednesday described Adebise as a respected figure in the Nigerian financial industry and Adedibu as a…
Dangote Refinery Speaks On New Price Of Petrol Per Liter
Dangote Refinery Speaks On New Price Of Petrol Per Liter Dangote Petroleum Refinery has announced that it has yet to fix any price for its Premium Motor Spirit, popularly called petrol. A report earlier on Tuesday said dealers under the…
700,000 manufacturers, MSMEs apply for FG N150bn loan
About 700,000 manufacturers and micro, small and medium enterprises have expressed intention to become beneficiaries of the Federal Government’s N150bn loan to help businesses in Nigeria navigate the current economic crunch. The Minister of Industry, Trade and Investment, Doris Aniete,…
Mangal Takes Over Amid Dangote and Rabiu Cement Clash
Move over Dangote and Rabiu, there’s a new cement king in town, and he’s ready to shake things up! Katsina-born tycoon Dahiru Mangal has just rolled out the first bags of cement from his brand-new $1.5 billion plant in Moba,…
NCC Approves New Tariff Plans For MTN, Airtel, Glo, Other Telcos
The Nigerian Communications Commission (NCC) has approved new tariff guidelines for telecommunication (telcos) operators to enhance transparency, improve consumer understanding, and foster fair competition among the commission licensees. The commission also mandated all telcos in the country to limit the…
Guinness Nigeria records 31% revenue growth
Guinness Nigeria Plc has announced a 31 per cent year-on-year revenue growth for the financial year ended June 30, 2024. A statement by Guinness on Tuesday said the strong performance was more pronounced in the second half of the year,…