The Federal Government on Tuesday officially transferred operations of the Zungeru Hydroelectric Power Plant to Penstock Limited, a subsidiary of Mainstream Energy Solutions Limited, which it selected in February 2023. Tuesday’s move is expected to […]
The Economic and Financial Crimes Commission has declared Leno Adesanya, promoter of Sunrise Power and Transmission Limited, wanted for “an alleged consipiracy and corrupt offer to public officers”.This was disclosed in a notice by the […]
A midnight fire outbreak has razed no fewer than four shops at the Nkwo Market, Umunze in Orumba South Local Government Area of Anambra State.Eyewitnesses said the fire was ignited by a suspected power surge […]
Major cement manufacturers, including Dangote, BUA and Lafarge are considering crashing the price of the product.This was disclosed by David Umahi, Minister of Works, who read a communique at the end of a meeting with the management […]
Digital solutions provider, Globacom, has introduced an all-in-one bundle, SME In A Box, to connect, grow and enhance the productivity of small and medium enterprises (SMEs) in Nigeria.Glo SME In A Box parades bundled solutions […]
Members of the Coalition of Civil Society Organisations, have endorsed the redeployment of some personnel of the Nigerian Upstream Regulatory Commission (NUPRC), noting that the move will foster accountability, and productivity and save costs for […]
Most companies plan to spend more on Environmental, Social and Governance (ESG) activities within the next three years, but are less sure about how to execute those strategies, a report published by KPMG, has stated.Driven […]
The European Union (EU) is set to invest €37 million in the power sector in Nigeria, in addition to the about €200 million grants it has invested in the sector since 2008.This disclosure was made […]
Nigeria and Brazil are considering the possibility of establishing direct flight operations between their respective financial capitals of Lagos and São Paulo, respectively.Both countries also reaffirmed their commitment to deepening bilateral relations mainly to increase […]
Stakeholders have called on the government to grant tax holidays to developers as a means to stimulate investment and bolster growth in the housing sector.They stated this at the Real Estate Outlook for 2024 themed […]
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