At least 10 Community Development Associations (CDAs) in the Ikorodu area of Lagos State have petitioned Ikeja Electric (IE) Plc. over outrageous estimated billings. The CDAs are also outraged at the alleged fraudulent activities of Ikeja Electric’s officials and the…
The Ondo State Government (ODSG) has started training no fewer than 350 enumerators that will be monitoring and inspecting those who will be given various loans meant to cushion the effects of COVID-19 pandemic under Nigeria-Cares (N-Cares) Project. Mr Olatunji…
Flour Mills of Nigeria (FMN) Plc on Thursday expressed commitment to explore diversified funding sources from the Nigerian capital market for enhanced growth and development. FMN Group Managing Director, Mr Omoboyede Olusanya, said this at the listing of the Tranche…
Gov. Gboyega Oyetola of Osun, on Wednesday, inaugurated a 17-member Council on Micro, Small and Medium Enterprises (MSMEs) to coordinate and drive the development of the state’s economy. The governor, who was represented by the Secretary to the State Government,…
The Nigerian Electricity Regulatory Commission (NERC) has postponed the hearing of a petition against granting of an Independent Electricity Distribution Network (IEDN) Licence to Asaba Distribution Limited indefinitely. The petition, filed by the Benin Electricity Distribution (BEDC) Plc, was scheduled…
The Federal Inland Revenue Service (FIRS) says it collected N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year. Mr Abdullahi Ahmad, Director of Communications and Liaison of the service made this known in a statement in Abuja on Tuesday. Ahmad…
FMDQ Securities Exchange Ltd., resumed 2021 with the quotation of Total Nigeria Plc., N2.25 billion Series 1 and N12.75 billion Series 2 Commercial Papers (CP) under its N30 billion CP Issuance Programme. The company said in a statement in Lagos…
Enugu State government says it aims to increase its Internally Generated Revenue (IGR) by 50 per cent in 2021. The Commissioner for Budget and Planning, Mr David Ugwunta, disclosed this on Thursday in Enugu during a press briefing on the…
The Lagos Chamber of Commerce and Industry (LCCI) has listed recommendations aimed at boosting the nation’s security architecture to engender investors’ confidence and ensure a more secure operating environment. Dr Muda Yusuf, LCCI Director-General, gave the recommendations in an interview…
French oil major, Total, has teamed up with Spanish power company, Iberdrola to bid for Denmark’s Thor wind farm, one of the world’s largest offshore wind power projects. The Thor project, which will have the capacity of 800-1,000 megawatts, is…
