Business

DISCOs: BPE, CBN give banks 6 month deadline to quit

The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline…

4 years ago

APC, PDP couldn’t move power generation beyond 5,000MW in 24 years – Obi

Presidential candidate of the Labour Party, Peter Obi, says it is shameful that both the ruling All Progressives Congress (APC)…

4 years ago

New agreements with IOCs will unlock opportunities in upstream sector, says Kyari

The Nigerian National Petroleum Company Limited has said the signing of the new Production Sharing Contracts (PSC) is a key milestone achievement…

4 years ago

CIG upgrades Lagos auto plant to CKD, plans 5,000 vehicles yearly

A new auto assembly plant being constructed by CIG Motors Company Limited in conjunction with the Lagos State Government has…

4 years ago

Despite Opposition, FG Set to Implement 5 Per Cent Hike on Data, Voice Calls

*Finance Minister faults Pantami on new tax Despite opposition by various stakeholders, including the Minister of Communications and Digital Economy,…

4 years ago

Jaiz Bank grows balance sheet to 300bn

Jaiz Bank Plc, Nigeria’s pioneer Islamic bank, said its balance sheet grew to N300 billion at the end of the…

4 years ago

It’s time to stop borrowing for consumption, Obi advises FG

The presidential candidate of the Labour Party (LP), Mr Peter Obi, says the Federal Government must stop borrowing for consumption…

4 years ago

Nigeria tops world’s countries obsessed with cryptocurrency

Nigeria is ranked first among countries of the world found to be obsessed with cryptocurrency since April this year, a…

4 years ago

Ford to use renewable energy sources for vehicles

Ford Motor Company has said every vehicle it manufactures in Michigan will be assembled using solar and other renewable energy…

4 years ago

Porsche Taycan Turbo S sets new EV production record, beats Tesla MSP

Porsche Taycan Turbo S has set a new record for the fastest production of an electric car, beating the previous…

4 years ago