By Constance Athekame The Transmission Company of Nigeria (TCN) has confirmed that bulk power supply has been restored to parts of northern Nigeria after weeks of blackout. The company successfully restored supply through its 330-kilovolt (kV) Ugwuaji-Apir transmission line I as of 4:56 p.m. on Wednesday. The TCN made thisContinue Reading
Okeoghene Akubuike The Federal Government says it is considering private sector funding through Public Private Partnerships (PPPs) for key projects in the Ministry of Innovation, Science and Technology. This is contained in a statement issued by Ifeanyi Nwoko, the Acting Head, Media and Publicity, Infrastructure Concession Regulatory CommissionContinue Reading
By Rukayat Adeyemi The total assets of Wema Bank Nigeria has grown by 38 per cent, to N3.084 trillion in third quater of 2024, from N2.24 trillion posted in the corresponding quarter of 2023. The Managing Director of the bank, Mr Moruf Oseni, said this on Wednesday in the bank’s unaudited ConsolidatedContinue Reading
By Lucy Ogalue The Nigerian Association of Small Scale Industrialists (NASSI) has challenged small scale business owners to take advantage of the Federal Government’s N75 billion Micro Small and Medium Enterprises (MSME) intervention funds. The NASSI President, Dr Solomon Vongfa, said this while briefing the media on the Memorandum ofContinue Reading
By Lucy Ogalue Sen. John Enoh, the new Minister of State for Industry, Trade and Investment, has expressed his commitment to driving Nigeria’s economic growth through industrial development. Enoh made the commitment at his assumption to duty on Tuesday in Abuja, and expressed gratitude for the warm welcome he receivedContinue Reading
By Yunus Yusuf TotalEnergies E&P Nigeria Ltd., has called on Nigerian students to actively seek literature that aligns with their future aspirations. Mr Victor Bandele, the Deputy Managing Director of Deepwater Asset, made the call during the company’s Annual Book Reading and Open Day event for secondary schools inContinue Reading
By Rukayat Moisemhe Newly constituted Nigerian-Hungarian Chamber of Commerce has stated the need for both countries to advance their business relationships by tapping into the vast trade opportunities thereby building their trade volumes. President of the Chamber, Mr Spencer Onosode, said this in Lagos on Saturday, via a communiqué fromContinue Reading
By Okeoghene Akubuike The Statistician-General of the Federation, Adeyemi Adeniran, says the media plays a critical role in the production of data in Nigeria. Adeniran said this at a Dialogue with Editors on the: “Rebasing of the Consumer Price Index (CPI), Gross Domestic Product (GDP) and the Nigeria Living StandardsContinue Reading
By Lucy Ogalue Some stakeholders have urged Nigerians to leverage available opportunities to increase non-oil exports for economic growth and development. The Stakeholders spoke at the Nigerian Exporters Hub (NEXHUB) Abuja Export Conference 2024 in Abuja. The News Agency of Nigeria (NAN) reports that the theme of the conference wasContinue Reading
By Olawunmi Ashafa Dangote Cement Plc, Obajana Plant, on Thursday, marked its 2024 Sustainability Week with outreach programmes in Kogi, as part of its commitment to community development and environmental responsibility. The company, in a statement issued by its Corporate Communications Department, also engaged in community service initiatives,Continue Reading
