By Adeola Akinbobola The Abuja Electricity Distribution Company (AEDC) says electricity theft, including meter bypass and tampering is a major cause of commercial and technical losses within the electricity distribution network. The Managing Director and Chief Executive Officer AEDC, Chijioke Okwuokenye, said this in an interview with the News AgencyContinue Reading
By Vivian Emoni A former World Bank Senior Education Specialist, Dr Tunde Adekola, has urged Nigerian artisans to embrace Industrial Training Fund (ITF’s) SUPA programme to improve skills and access global opportunities. Adekola disclosed this in Abuja on Wednesday, during a joint tour of the ITF Model SkillsContinue Reading
By Grace Alegba Lagos State Governor, Babajide Sanwo-Olu, has urged Nigerian youths to lead efforts to build a digital, inclusive and sustainable economy. Sanwo-Olu, represented by the Lagos State Commissioner for Finance, Mr Abayomi Oluyomi, made the call on Wednesday at the 4th Chartered Institute of Bankers of Nigeria (CIBN)Continue Reading
By Lucy Ogalue The National Automotive Design and Development Council (NADDC) says it plans to train at least 1,000 National Youth Service Corps (NYSC) members annually in Compressed Natural Gas (CNG) vehicle retrofitting. NADDC Director-General, Mr Joseph Osanipin, said this on Tuesday in Abuja at the inauguration of the CNGContinue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) started the week on a positive note as market capitalisation increased by N1.91 trillion, representing a 1.20 per cent gain on Monday. This marked the fourth consecutive bullish rally. The uptrend was driven by increased interest in high capitalised equities such as:Continue Reading
By Adeola Akinbobola The Nigerian Insurers Association (NIA) has outlined a comprehensive strategy aimed at increasing insurance penetration in Nigeria. The Chairman of NIA, Mrs Ebelechukwu Nwachukwu, said this in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja. She said that the strategy would runContinue Reading
Debt By Martins Abochol The Taraba Government has dismissed claims that the state borrowed N1.2 trillion within three years. Addressing newsmen on Sunday in Jalingo, Dr Sarah Adi, the Commissioner for Finance described the figure as inaccurate and misleading. Adi said that the latest data from the Debt Management OfficeContinue Reading
By Olusegun Aribike Lions Clubs International District 404B4 has earmarked N100 million for a diabetes-focused programme targeting 10,000 beneficiaries in the 2026/2027 service year. Its District Governor, Mrs Patience Ngene, said this on Saturday in Lagos while unveiling her leadership team and agenda for the new service year. NgeneContinue Reading
By Yunus Yusuf Nigeria must strengthen local engineering capacity and invest in indigenous technology to compete effectively in the global economy, says Mr Fatai Quadri, Chief Executive Officer, Alfa Designs Nigeria Ltd. Quadri told the News Agency of Nigeria (NAN) in Lagos on Thursday that sustainable development dependsContinue Reading
By Olawunmi Ashafa The Office of the Tax Ombud (OTO) says it is stepping up efforts to tackle multiple taxation and other systemic challenges undermining confidence in Nigeria’s tax administration. The Tax Ombud and Chief Executive Officer of the office, Dr John Nwabueze, disclosed this at the third-quarter Breakfast MeetingContinue Reading
