Category : Business

DISCOs are technically insolvent – BPE

4 days ago / 0 comments

  Bureau of Public Enterprises, (BPE), yesterday, said most of the Distribution Companies, (DISCOs), in Nigeria were technically insolvent. Director-General of the bureau, Alex Okoh, made this revelation during an … Read more

16yrs after: NIGERCEM to begin production of 6,000 metric tonnes of cement daily in Ebonyi

4 days ago / 0 comments

  Nigeria Cement Company, (NIGERCEM), Nkalagu in Ishielu Local Government Area of Ebonyi State which was acclaimed to be irredeemably without any future by former Governor Martin Elechi has now … Read more

Power sector loss rises by 13% in 1week as inadequate gas persists

5 days ago / 0 comments

  The nation’s power sector lost a total of N10.7 billion in the first week of July 2018, showing an increase of 13 per cent compared with N9.3 billion recorded … Read more

The Nation’s Maritime Conference holds today

5 days ago / 0 comments

    The maritime conference on  how to maximise the potential of seaports for speedy economic recovery and growth is holding today in Abuja. The conference, the second in the … Read more

Telecoms industry pays N450b taxes annually – ATCON chairman

1 week ago / 0 comments

  The telecom industry annually contributes N450 billion in form of taxes to Nigeria’s economy, Mr Olusola Teniola, President, Association of Telecommunications Companies of Nigeria (ATCON), has said. Teniola stated … Read more

ALTON: We’ll advise MTN to consider shutdown if…

2 weeks ago / 0 comments

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) says it will advise MTN Nigeria to consider preventive shutdown of network if its picketing by the organised labour leads to … Read more

Innoson vs GTB: The untold story

2 weeks ago / 0 comments

THE BEGINNING Many may not know that the epic and ongoing legal battle between industrial mogul, Chief Dr. Innocent Chukwuma, OFR and Guaranty Trust Bank Plc was actually triggered by … Read more

Again, national grid collapse causes power outage

2 weeks ago / 0 comments

  The Eko Electricity Distribution Company (EKEDC) has attributed the current power outage on its network to what it called system collapse of the National Grid. The General Manager, Corporate … Read more

Nigeria’s new airline commences operations in December–Sirika

2 weeks ago / 0 comments

  The Minister of State for Aviation, Senator Hadi Sirika at the weekend disclosed that the proposed national airline for Nigeria would be unveiled before the end of the year. … Read more

NEITI tasks EITI board to focus on impacts & outcomes

3 weeks ago / 0 comments

Nigeria has called on the global Extractive Industries Transparency Initiative (EITI) to shift its current priorities to the pursuit of visible impacts in the implementation of the initiative in member … Read more