The Federal Government has signed the Engineering, Procurement and Construction contract for the Gurara II Dam project as part of plans to raise the country’s power generation by about 360MW. Nigeria’s power generation hovers around 4,500MW and 5,000MW for a…
About 40 per cent of the proceeds from oil and gas exports and domestic sales in January were spent on joint venture assets and priority projects, according to the Nigerian National Petroleum Corporation (NNPC). The NNPC spent N83.29bn on JV…
By Tobi Adetunji. The people of Ojokoro LCDA, have reechoed the sterling performance and development capacity of Hon. Hammed Idowu Daniel(HID) in the last four years. According to them, Hon. Tijani epitomizes excellence in service, development and therefore deserves second term…
The one week suspension of plenary by the Nigerian Senate to enable its members to participate in the zonal public hearing for the Constitution review across the country has shown that the legislative body is serious about a Constitutional amendment.…
The Nasarawa State House of Assembly, has endorsed Engineer Abdullahi Sule, for another term in office. Deputy Speaker of the assembly, Hon. Tsentse Dandaura (APC, Akwanga North), moved the motion for the endorsement of the governor during the second year…
Access Bank Plc for the full year ended December 31, 2020 audited result and accounts reported maintained its solid and resilient results amid numerous domestic and foreign challenges that faced the sector and economy at large. The Group continued to…
Just last week, the Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, disclosed that the Federal Government had recovered over $700million looted funds, as well as secured a return of £4.2million linked to former Delta…
MeCure Industries Limited commemorated the listing of its N3billion bond with a digital Closing Gong Ceremony on Nigerian Exchange (NGX) Limited on Friday. The debut listing was the N3 billion 5-Year Series 1 Fixed rate Senior Secured Bond issued by…
By Kayode Tokede NASD OTC Securities Exchange market increased by 8.90 per cent in total value traded during the week, as week 20 saw Investors trade a total of N727.3million in value compared to N667.89 million in the previous week.…
By Kayode Tokede The equities market of the Nigeria Exchange Limited (NGX) closed last week with a decline of N604billion as investors’ sustained aggressive profit-taking on listed high-mid capitalized stocks. Although, the trend reversed on Friday, the last trading day…
