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…
Volkswagen said, on Wednesday, it would further cut car production at its main plant in northern Germany due to a shortage of semiconductors that has hit the industry worldwide. Staff producing the Tiguan, Touran and Seat’s Tarraco models at its…
The Central Bank of Nigeria (CBN) has released the Framework for Regulatory Sandbox Operations, to ensure the safety and stability of the Nigerian Financial System, among other things. It is also to promote the use and adoption of electronic payments…
Austin Atakpu, the Managing Director, TCS Paymeters Ltd., manufacturers of prepaid meters, says metering of houses in the country is a gradual process and not automatic. Atakpu disclosed this during an interview with Newsmen in Benin on Tuesday. He was…
Some economists on Tuesday in Lagos urged the Federal Government to focus more attention on Micro, Small and Medium Enterprises (MSMEs) as they remained the “engine behind most countries’ growth’’. The experts who made the call in separate interviews with…
The Taraba Commissioner for Budget and Planning, Mr Solomon Elisha, has expressed worries over poor internally-generated revenue (IGR) in the state. Elisha expressed the concerns at a press briefing on the approved 2021 budget estimate of the state on Monday…
Prof. Gafar Ijaiya, the Director of the Ilorin Business School (IBS), University of Ilorin, has advocated the use of the Chinese currency, Yuan, to benchmark Nigeria’s budget. Ijaiya, who made the call on Monday while speaking with newsmen in Ilorin,…
The Foundation for Environmental Rights Advocacy and Development (FENRAD), an environmental and human rights group, has kicked against the recent hike in electricity tariff. The group expressed its reservation about the hike in a statement issued on Thursday in Aba…
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 separate interviews with newsmen…
The National Council of the Nigerian Stock Exchange (NSE) has announced the chief executives that would head its operating and non-operating companies upon the completion of its demutualisation programme. This is contained in a notice by the NSE made available…
