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Business

DisCos advocate CBN-funded massive roll-out of meters to address power challenge

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Power Distribution Companies (DisCos) have advocated a Central Bank-funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on...
News

Nigeria hits 40.18 percent broadband penetration – minister

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Nigeria has achieved 40.18 percent Broadband penetration, the Minister of Communications and Digital Economy, Dr. Isa Alli Ibrahim Pantami, has said. The Minister revealed this...
Business

Nigerian government explains reasons behind deregulation policy

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The federal government has said in view of recent misguided comments and innuendos, it has become expedient for the Ministry of Petroleum to explain misconceptions...
Business

House of Reps: GENCOs, DISCOs have failed Nigerians

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The House of Representatives declared yesterday that Power Generating Companies, GENCOs, and Distribution Companies, DISCOs, have failed, saying they have disappointed the citizenry. The lawmakers...
African News

In Africa, lack of coronavirus data raises fears of “silent epidemic”

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When the new coronavirus hit Tanzania in mid-April, President John Magufuli called for three days of national prayer to seek God’s protection from the scourge....
Business

Nigeria warns VIPs not to bring aides to airports

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The Federal government yesterday warned top government officials and Very Important Persons, VIPs, not to approach airport terminals with their aides or personal assistants, saying...
Business

Lagos, Abuja, Kano airports ready for operations

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Akintunde Akinleye/Reuters The Minister of Aviation, Senator Hadi Sirika, says that Nnamdi Azikiwe International Airport, Abuja, Murtala Muhammed International Airport, Lagos and Mallam Aminu Kano...
Business

New SEC chief Lamido Yuguda assumes office

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The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth...