The Edo State Governor, Mr. Godwin Obaseki, has said his administration is strengthening the state government apparatus and mechanisms to ensure that institutions, not personalities will drive sustainable development in the state. The governor, in a statement, noted that an…
The Nigerian National Petroleum Corporation (NNPC) is seeking to raise $1 billion oil prepay for revamping Port Harcourt refinery. The oil firm intends to raise the fund in prepayment with trading firms to refurbish its largest refining complex at Port…
…the suspension a relief – DG, MAN The Federal Government has directed the Nigerian Electricity Regulatory Commission (NERC) to suspend the recently-adjusted electricity tariff. The Minister of Power, Sale Mamman, made this known in a statement on Thursday in Abuja.…
By Kayode Tokede with news agency Neimeth International Pharmaceutical Plc has emerged the best performing stock in 2020 in percentage terms, appreciating by 259.68 per cent, the News Agency of Nigeria (NAN) reports. Statistics obtained from the Nigerian Stock Exchange…
By Kayode Tokede Trading activities on the Nigerian Stock Exchange (NSE) equities market advanced further by N66 billion to extend gaining streak to two consecutive sessions. Specifically, the market capitalisation which opened at N21.158 trillion inched higher by N66 billion…
By Kayode Tokede The Board of Directors of PZ Cussons Nigeria Plc has proposed the payment of N397.047 million to the shareholders of the company who currently hold the 3,970,477,045 fully paid ordinary shares of the company. This disclosure was…
Nigeria and other African oil producing countries will lose an estimated N1trillion in oil export revenues over the next 20 years as prices are forecast to remain low, a new report by PricewaterhouseCoopers has said. PwC, in its Africa Oil…
Financial Economists on Thursday urged the Federal Government to give practical effect to the programmes in the 2021 budget for it to be realistic and sustainable. The economists spoke on the nation’s N13.588 trillion budget in Lagos. President Muhammadu Buhari…
By Ogaga Ariemu The Transmission Company of Nigeria (TCN), said its has successfully transmit enhanced all-time peak of 5,552.80megawatt in the power sector as at 8:15pm today. This was disclosed to Nigerian NewsDirect Newspaper in a statement signed by the…
By Oluwaseun Boye Culture is the characteristics and knowledge of a particular group of people, encompassing language, religion, cuisine, social habits, music and arts. It plays an important role in the lives of individuals and the society as a whole.…
