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Business and Economy
Forex intervention: CBN injects $325.5m into retail market
By Our Reporter
The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the retail Secondary Market Intervention Sales (SMIS) and CNY14million in the...
GenCos failed to generate 2,352.5 megawatts due to unavailability of distribution infrastructure
By Our Reporter
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 2,352.5 megawatts of electricity on Wednesday due...
FAAC: FG, States, LGAs share N693.529bn for September
By Our Reporter
The Federation Account Allocation Committee (FAAC) on Thursday in Abuja, shared a total of N693.529 billion to the three tiers...
CBN to continue to apply monetary policy tools to control Inflation
By Our Reporter
The Central Bank of Nigeria (CBN) says it will continue to apply monetary policy tools to control the rising inflation.
The CBN made...
Benue Investment Company sacks 44 workers
By Our Reporter
The Benue Investment and Property Company (BIPC), on Tuesday announced the sack of 44 workers it claimed were redundant.
Mr Alex Adum,...
GenCos release 3,226MW of electricity to national grid
By Our Reporter
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,226 megawatts/hour of electricity into the national...
Golden Week’ brings consumption boom in China
By Tu Lei
Chinese people spent more than ever during the weeklong National Day holidays at home and abroad, showing that consumption power in the...
Sex-for-Grades: Buhari Mulls Constitutional Amendment Against Randy Lecturers
Williams Anuku Abuja
Following repeated allegations of 'sex-for-grades' dotting Nigeria's tertiary institutions, President Muhammadu Buhari may have started mulling the idea of reviewing the constitutional...
10,000 workers to benefit from ICT Training in Nasarawa–Gov. Sule.
By Abel Leonard/Lafia
Nasarawa State government is set to train about 10,000 civil servants as part of efforts of the state to ensure that civil...
GenCos release 3,631MWH of electricity to national grid
By Our Reporter
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,631 megawatts-hour of electricity into the national...
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