Tag: Nigeria
NERC probes frequent power grid collapse, supply partially restored
The Federal Government on Saturday said the Nigerian Regulatory Commission and the System Operator were currently investigating causes of the frequent power grid collapse...
Currency in circulation falls by N42.43bn in two months
CURRENCY in circulation fell by N42.43bn between January and March, figures obtained from the Central Bank of Nigeria have revealed.
The CBN revealed in its...
Zenith Bank pays N97.33bn dividend to shareholders
ZENITH Bank Plc on Wednesday said it would pay its shareholders N97.33bn dividend for the 2021 financial period.
A statement said the shareholders of the...
FG seeks transition from fossil fuel to renewable energy
The Nigeria Content Development and Monitoring Board has highlighted divestment from hydrocarbons assets and energy shortage as two implications of energy transition with different...
Telecoms set to bar calls from unlinked NIN-SIMs
The Association of Licensed Telecommunication Operators of Nigeria, on Tuesday, said its members would comply with the Federal Government’s directive barring outgoing calls of...
Dangote refinery’ll drive industrial revolution in Africa –FG
THE Minister of Information and Culture, Lai Mohammed, has described the Dangote Petroleum Refinery as a project that will revolutionise the petroleum industry in...
Bello declares for 2023 presidency, promises security, economic prosperity
Kogi State Governor, Yahaya Bello, on Saturday declared his intention to contest the 2023 presidential election on the platform of the All Progressives Congress.
He...
FG borrows N1.48tn via bonds in Q1 2022
The Federal Government borrowed N1.48tn from bond investors through Federal Government bonds between January and March 2022, according to an analysis of the FGN...
FG to spend N2.3tn presidential fund on Lagos-Ibadan Expressway, three others
The Presidential Infrastructure Development Fund is going to complete four critical infrastructure projects worth N2.3tn, the Nigeria Sovereign Investment Authority stated on Thursday.
A presentation...
NDLEA busts five-member airport drug syndicate, seizes N19.8m cash.
The National Drug Law Enforcement Agency on Wednesday said it launched a string of operations against drug cartels across Nigeria which led to the...