By Praise Oguntan The Federal Government yesterday unveiled Gazettes on National Energy Policy and National Energy Master Plan by the Energy Commission of Nigeria at the PTDF auditorium, Abuja. This is in line with the country’s move to successfully key…
The stock market on the Nigerian Exchange Ltd. (NGX) on Wednesday closed flat as the capitalisation declined by N2 billion amid sell-offs in Dangote Sugar and 19 other stocks Notably, the market capitalisation which opened at N55.554 trillion, shed N2 billion…
Nigeria’s largest multi-purpose terminal, the Port and Terminal Multiservices Limited (PTML) has acquired a new state of the art 600 tons Liebherr Mobile Harbour Crane (MHC) worth more than seven million euros (about N10.5 billion) to boost operation at its…
…Partners with DISCOs for statewide metering By Sodiq Adelakun The Lagos State Government has taken a significant step towards ensuring universal access to energy for all residents, with the approval of the procurement and installation of 20,000 prepaid energy meters…
The Federal Government of Nigeria has concluded plans to officially commission the much anticipated Funtua Inland Dry Port on Thursday, in Katsina State. The Funtua Inland Dry Port will be commissioned by His Excellency, President Bola Ahmed Tinubu, GCFR at…
The officers of the Lagos State Neighbourhood Safety Corps (LNSC) apprehended a road infrastructure vandal on Tuesday, May 8th, 2024, while he was damaging the newly installed road light indicators on the 3rd Mainland Bridge. The suspect, identified as 46-year-old…
By Sodiq Adelakun A tragic gas explosion at a gas retail shop in Ibeju-Lekki, Lagos State, has claimed the lives of at least two individuals, with three others sustaining severe injuries. The state’s Police Public Relations Officer, SP Benjamin Hundeyin,…
…Proposes harmonisation of consumption to promote ease of doing business …Seeks to introduce tax returns on gas companies An imminent review of the current percentage deducted for Value Added Tax (VAT) and the sharing formula amongst the federal, state and…
This payment was approved by the Bank’s shareholders at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday. The Shareholders approved the proposed final dividend payment of NGN3.50 per share, bringing the total…
As part of efforts to ramp Nigeria’s production capacity, the Minister of State for Petroleum Resources (Oil), Sen Heineken Lokpobiri has declared that the Federal Government will only sell oil blocs to individuals with proven technical competence and financial capacity.…
