Monday, 09 September, 2024

Category: Business


Nigeria has become the third largest debtor to the World Bank’s International Development Association (IDA) as of June 30, 2024, marking a significant increase in the country’s borrowing from the institution. This development has reflected substantial shift in Nigeria’s financial landscape under Read more…


The Academic Staff Union of Universities (ASUU), University of Lagos (UNILAG) Akoka branch, has expressed strong displeasure with the Eko Electricity Distribution Company (EKEDC) for disconnecting the institution from power supply for four days. While power has been restored as Read more…


By Uzo Ugwunze The Anambra State haulage revenue coordinator, Hon. Osita Ezeuka, Friday, reads riot act to members of his organization vowing to suspend erring ones even as he commended Governor Chukwuma Soludo, for sacking touts in the state. Sounding Read more…


The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to hand over the operations and maintenance of the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company to private operators. This move aims to engage reputable Read more…


The Federal Government has approved a 50 percent subsidy for electricity tariff in public hospitals across the country. This was announced by Minister of State for Health and Social Welfare, Tunji Alausa, while commissioning some projects at the Federal Neuro-psychiatric Hospital Read more…


The Nigerian Communications Commission, NCC, has directed all Mobile Network Operators, MNOs, to complete the mandatory verification and linkage of Subscriber Identification Modules (SIMs) to National Identity Numbers (NINs) by September 14, 2024. The NCC, on Wednesday, gave an update Read more…


Over 100 property owners in Lafiaji community, Eti-Osa Local Government Area of Lagos State, are planning legal action against the Federal Government as they are being issued demolition notices to evacuate their properties for the Lagos- Calabar Highway construction. This Read more…


A former youth president of Effi community in Ikom LGA of Cross River State, Alobi Ofuka, has listed an array of reasons youths in the community drove away Chinese nationals operating a wood processing factory on Monday. “How can you Read more…


Former Vice President of Nigeria, Atiku Abubakar has asked the Nigerian government to explain why Oando Plc, owned by President Bola Tinubu’s nephew, got accelerated approval to buy the onshore assets of AGIP and ENI while other transactions such as Read more…


From Ifeoma Ejiofor The National Association of Surface Tank Oil and Gas Retailers of Nigeria (NASTOGRN) has expressed her preparedness to partner National Orientation Agency (NOA) in the October 12th, 2024 statewide sensitization programme in Anambra State. The program is Read more…


Operations of Enugu Electricity Distribution Company, EEDC were disrupted when angry natives of Ukpor in Nnewi South Local Government Area of Anambra State stormed their office following blackout. The protesters numbering over 300 stormed the EEDC office in Nnewi, carrying placards Read more…


By Uzo Ugwunze In its bid to beef up security at Mgbuka Obosi Old Motor car Parts Dealers Association market, Idemili North Local Government Area, Anambra State, the caretaker Committee of the market, headed by Chief Samuel Ifurunwa, has commenced Read more…