Business

Electricity generation: FG approves 11 new GenCos

The Nigerian Electricity Regulatory Commission has revealed that it has issued 11 new electricity generation licenses. This was disclosed in…

4 years ago

IMF upgrades Nigeria’s 2023 economic growth projection to 3.2%

The International Monetary Fund (IMF) has raised Nigeria’s economic growth projection to 3.2 per cent for this year. This is…

4 years ago

ICPC arrests woman selling new naira via Twitter

The Independent Corrupt Practices and other related offences Commission (ICPC) has arrested a woman for offering new naira notes for…

4 years ago

NNPC takes over operation of Production Sharing Contract (PSC) for 4 oil wells from Addax

The Nigerian National Petroleum Company Ltd (NNPC) said it has taken over the operation of the Production Sharing Contract (PSC)…

4 years ago

Chief of Defence Staff threatens action as petrol prices hit N400/litre

The Chief of Defence Staff (CDS), Gen. Lucky Irabor, yesterday threatened that the Federal Government would not fail to activate…

4 years ago

$1bn investment recorded in auto industry – Minister

The Federal Government has recorded more than one billion dollars’ worth of investments in the automotive industry. Minister of Industry,…

4 years ago

Pay customers with N100, N50, CBN orders commercial banks

The Central Bank Of Nigeria has directed all commercial banks to pay customers over the counter in N100, N50, N20,…

4 years ago

Famous 4×4 Grenadier coming to Nigeria, courtesy Coscharis Motors

Coscharis Motors has announced its readiness to introduce the popular rugged off-road vehicle, Grenadier, to the Nigerian auto market. This…

4 years ago

UBA names Abiola Bawuah as first female CEO

The United Bank for Africa Plc on Monday announced the appointment of Abiola Bawuah as its Chief Executive Officer (CEO).…

4 years ago

Police arrest two suspected train vandals in Lagos

The police in Lagos have arrested two men suspected to specialise in vandalising and stealing railway track. They were said…

4 years ago