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Status Of DisCos: NEC Committee To Invite Memoranda From Nigerians

Status Of DisCos: NEC Committee To Invite Memoranda From Nigerians

The National Economic Council (NEC)’s committee on review of the status and ownership of Electricity Distribution Companies (DisCos), says it will seek contributions from the general public on how to solve the challenge of...

Nigeria LNG Signs 10-year Deal With Total

Nigeria Liquefied Natural Gas has signed a deal with French energy group Total for 1.5 million tonnes of LNG per year, the African producer said on Wednesday. The agreement is for 10 years, with volumes...

KEDCO Losses N52bn Revenue In 2019 – MD

The Managing Director, Kano Electricity Distribution Company (KEDCO), Jamilu Gwamna, said the company lost energy supplied to it by regulators worth about N52 billion in 2019. Gwamna disclosed this in Kano while unveiling the new...

Nigeria Targeting First 70 By 2023 In Ease Of Doing Business — SGF

The Secretary to Government of the Federation (SGF), Mr. Boss Mustapha, has said that Nigeria is targeting being among the first 70 by 2023 in World Bank Ease of Doing Business ranking. Mustapha stated this...
FAAC: FG, States, LGs Share N716.2bn For Month Of December

FAAC: FG, States, LGs Share N716.2bn For Month Of December

The Federation Accounts Allocation Committee (FAAC) said it shared N716.298 billion to the three tiers of government for the month of December 2019. This was made known by the Permanent Secretary, Ministry of Finance, Budget...
The Nigerian Stock Market Close Trade On A Bearish Note

The Nigerian Stock Market Close Trade On A Bearish Note

The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session in negative territory. The All-Share Index closed at 29,062.50 basis points, down by 0.75%. Top Gainers Beta Glass Plc, was the best-performing stock for the day. The...
No Law Compels Buhari To Publicly Declare His Assets - Adesina

Buhari Signs Finance Bill Into Law, VAT Now 7.5 Per cent

President Muhammadu Buhari has signed the 2019 finance bill into law. It is expected that the law, alongside the 2020 Budget will aid in the reform of Nigeria’s tax system in line with global best...
Shippers Council Urges Efficient Terminal Operations To Check Congestion

Shippers Council Urges Efficient Terminal Operations To Check Congestion

The Nigerian Shippers’ Council, NSC, has said that the only way out of the current congestion rocking the country’s seaports is for terminal operators to embrace efficiency in their various terminals Executive Secretary/CEO of the...
NSE: Expert Tips Financial, Health, Telecomms As Sectors To Watch In 2020

NSE: Expert Tips Financial, Health, Telecomms As Sectors To Watch In 2020

A capital market expert, Mr. Sola Oni, on Thursday identified finance, health , technology and agriculture as sectors to watch on the Nigerian Stock Exchange (NSE) in 2020. Oni, the Chief Executive Officer (CEO) of...

Aramco CEO Says Saudi-Kuwaiti Accord Paves Way For Resumption Of Oil Production

Saudi Aramco said on Wednesday a new agreement between Saudi Arabia and Kuwait paves the way for the resumption of oil production in a zone shared between the two countries. “With the signing of this...
FG Reviews 1,350mw Project’s EIA Panel

FG Reviews 1,350mw Project’s EIA Panel

The Federal Government has commended the Nigerian National Petroleum Corporation (NNPC) on its proposed 1350megawatt (Mw) power project. According to the Ag, Group General Manager, Group Public Affairs Division, Mr. Samson Makoji who disclosed this...
Uzoka, Wizkid Lead UBA Foundation Food Bank Give Away Programme

Uzoka, Wizkid Lead UBA Foundation Food Bank Give Away Programme

The United Bank for Africa Plc through its Corporate Social Responsibility arm, the UBA Foundation, has launched an initiative to feed the less privileged across Africa during the festive season. The UBA Foundation Food Bank...
Emefiele Begins 2nd Term as Governor, Promises New Economic Roadmap

Enforce New Guidelines On Bank Charges, Don Tells CBN

A Senior Economist at the Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Prof. Sherifdeen Tella, has called on the Central Bank of Nigeria to enforce its new guidelines on ATM/electronic transfer charges. Tella told News Agency...

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