Category: Business
Deregulation: NNPC to support deployment of CNG facilities
The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source...
Blackout in Rivers State as protesters shutdown Afam Transmission station
Some irate Rivers youths have shutdown the Afam transmission station, causing total blackout in Port Harcourt, the state capital, and its environs. The youths...
Persistent rainfall worries farmers, traders in Nuskka
One mans meat is another mans poison. While some parts of the country are complaining of back of adequate rains to grow their farms , others are agonising over...
Fuel subsidy withdrawal: FG to distribute 2000 buses to cushion effects on transportation
The Federal Government has concluded plans to distribute 2,000 buses to cushion the effects of transportation on Nigerians, especially those living in rural areas. Dr...
Kwara govt approved new master plan for Ilorin
…Master plans for other cities underway: Gov …Says no alternative to proper town planning A new master plan has been approved for Ilorin, the capital...
Bread: Bakers hint of 50% price increase
Association of Master Bakers and Caterers of Nigeria (AMBCN) says a 50 per cent increase in retail prices of bread and other finished baked items is inevitable....
COVID-19: Zenith Bank secures $200m Afreximbank facility
Zenith Bank PLC has secured a $200m facility from African Export-Import Bank under its Pandemic Trade Impact Mitigation Facility. The funds will assist Zenith Bank to...
FirstBank promotes career dev of staff
…Graduate third set of its Senior Management Development Programme (SMDP) participants First Bank of Nigeria Limited, Nigeria’s leading financial inclusion...
P&ID: Reprieve for Nigeria as UK court orders P&ID to make interim payment of $1.5m
Reprieve came for Nigeria on the contestable $10bilion judgement against it by P&ID as High court Justice Cranston J ordered the company to make an interim payment...
FG to spend $2.3b for 7000MW power project
The federal government is to expend a total sum of $2.3 billion on the first phase of the Presidential Power Initiative (PPI) projects aimed at increasing the nation’s...
