Business and Economy
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Bayelsa outage: PHEDC regrets impact on economy, says N16.6bn debt crippling firm
The Port Harcourt Electricity Distribution Company (PHEDC) says the power outage in Bayelsa since Dec. 23, 2019 and its adverse…
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NSCDC arrests 2 over alleged vandalism of MTN telecom mast in Bayelsa
The Nigeria Security and Civil Defence Corps (NSCDC), Bayelsa Command said that two people were arrested during attempted vandalism of…
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New Year gift: Nigerians to pay more for electricity; NERC approves hike in tariff from Jan. 1
By Constance Imasuen Abuja, Jan. 4, 2020 The Nigerian Electricity Regulatory Commission (NERC), has approved increase in electricity tarriff by…
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Sale Mamman: Taking the right steps in Nigeria’s Power House By Emmanuel Bello
Have you met the Honourable Minister of Power, Engr. Sale Mamman? I have and nothing has made me more…
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Oyo Gov, firm target two million households for solar power
The Governor of Oyo State, Seyi Makinde, is working to make solar energy accessible to no fewer than two million…
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Shutdown of PHEDC in Bayelsa over N16.5 bn debt, blackout enters day 10
The power outage occasioned by the face-off between the Ijaw Youths Council (IYC) and the Port Harcourt Electricity Distribution Company…
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Dangote Cement: Makoju retires after 45 years in industry
The Group Managing Director/CEO of Dangote Cement Plc (https://www.Dangote.com/), Engr. Joseph Makoju mni will retire as GMD/CEO effective January 31, 2020, a…
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Solar energy will crash price of power in Nigeria – Triton Solar
New Jersey, United States of America-based, a manufacturer of solar panels, lighting and batteries, Triton Solar, has promised that the…
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UKAID/DFID partners Techno Oil on LPG Cylinders’ distribution to rural communities
UKAID/Department for International Development (DFID) under its Modern Energy Cooking Services -Technology Research Innovation for International Development [MECS-TRIID] in conjunction…
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NNPC, partners take Final Investment Decision on NLNG Train 7 project
By Edith Ike-Eboh Abuja, Dec. 27, 2019 The Nigerian National Petroleum Corporation (NNPC), and its partners have taken Final Investment…
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Sovereign Wealth Lab Umuahia to be ready in January, says FMC boss
By Leo Okachie Umuahia, Dec. 27, 2019 The Medical Director, Federal Medical Centre, Umuahia, Dr Azubuike Onyebuchi, has said that…
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FCTA returns 136 seized tricycles to owners; Minister says release is unconditional, but ….
As a gesture of goodwill as well as in appreciation for compliance to the rule of law by commercial tricycle…
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DPR uncovers six illegal filling stations in Gombe, seals 11
Operations Controller of the Department of Petroleum Resources (DPR) in Gombe, Mr. Abdullahi Abawa, says his office will intensify efforts…
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Governor Ihedioha pledges support for SPDC’s gas project in Imo State
Imo State Governor, Emeka Ihedioha, has pledged the support of the government and people of the state for the success…
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CBN reviews bank guidelines, slashes charges
By Mustapha Sumaila Abuja, Dec. 22, 2019 The Central Bank of Nigeria (CBN), has reviewed downward charges and fees for…
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Lagos-Ibadan rail: Amechi detects compromise, orders stoppage of work
By Yemi Adeleye/Lucy Ogalue Lagos, Dec, 20, 2019 The Minister of Transportation, Mr Rotimi Amaechi, on Friday ordered stoppage of…
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Yuletide: Enugu govt offers free Enugu-Owerri airport shuttle for residents
Governor Ifeanyi Ugwuanyi of Enugu State in furtherance of his administration’s efforts to assist indigenes and residents of the state…
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Gov. Ugwuanyi presents N169.56 billion 2020 budget proposal …earmarks more legacy projects
Governor Ifeanyi Ugwuanyi of Enugu State, on Tuesday, presented a budget proposal of one hundred and sixty nine billion, five…
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Long-awaited Ikeja Hotel forensic audit to be released soon- Idigbe
By Chinyere Joel-Nwokeoma Lagos, Dec. 16, 2019 Mr Anthony Idigbe (SAN), the interim Chairman, Ikeja Hotel Plc, on Monday said…
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US energy firm, Triton Solar, SV-NED to launch first Solar Assembly Plant in Nigeria
Triton Solar, a United States-based manufacturer of solar panels, lighting and batteries and Silicon Valley Nigeria Economic Development (SV-NED) Inc…
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Yuletide: Enugu govt approves 13th month salary, as civil servants receive December pay *EXCO approves more development projects
The administration of Governor Ifeanyi Ugwuanyi of Enugu State has approved the payment of 13th month salary for all the…
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Enugu IGR boost, fallout out of Ugwuanyi’s measures – ESIRS
The Enugu State Internal Revenue Service (ESIRS) has attributed the sustainable increase in the state’s Internally Generated Revenues (IGR) to…
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Nigerian Govt. approves ‘Pioneer Status’ incentive for TechnoGas LPG Cylinder Manufacturing Plant
December 11, 2019 The Federal Government of Nigeria has approved the ‘Pioneer Status’ incentive for TechnoGas Liquefied Petroleum Gas (LPG)…
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Nestlé scales up action against child labor and expands cocoa sustainability program
nes2 nes3 nes5 Nestlé has Tuesday reported significant progress in its efforts to tackle the issue of child labor in…
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DMO clarifies Nigeria’s external debt
By Mustapha Sumaila Abuja, Dec. 10, 2019 The Debt Management Office (DMO) says the public debt stock of the country…
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