Nigeria’s Gross Domestic Product, GDP, dropped by 3.83 percent in the fourth quarter of 2015 compared to the growth recorded in the preceding quarter and lower by 0.73 percent recorded in the corresponding quarter of 2014.
The figures released by the National Bureau of Statistics, NBS, sh [...]
The federal government has promised to evoke relevant laws against telecommunication operators who are in the habit of defrauding innocent consumers through unauthorized charges, and other fraudulent means.
Minister of communications, Mr. Adebayo Shittu, who handed down the warning at a meeting [...]
As parts of efforts to sanitize, and maintain safety standard in the power sector, the Nigerian Electricity Management Services Agency, NEMSA, has announced the ban on the use of untreated wooden poles, substandard materials and poor installations by electrical contractors and distribution companies.< [...]
Some staffers of the Central Bank of Nigeria, CBN, are currently on suspension to allow for proper investigation over the recent attempt to defraud the apex bank.
Though the bank has been silent on the affected staff, sources say top officials of the bank have been suspended over the racket, wh [...]
L-R, Deputy chairman, House Committee on Capital Market, Nwulu Chinedu, DG, Securities and Exchange Commission, Mounir Gwarzo, chairman of the committee, Tajudeeen Yusuf and a member of the committee, Damburam Abubakar, during an oversight visit of the committee to SEC headquarters in Abuja.
L-R: Director of Energy, Cranfield University, UK, Prof. Feargal Brennan, Director of Gas, Ministry of Petroleum Resources, Mr. Armaya’u Kurfi and Acting Executive Secretary, Petroleum Technology Development Fund, Mr. Ahmed Aminu during a seminar; “Addressing Future Challenges of the Energ [...]
Contrary to claims in some section of the media that the current Minister of Agriculture and Rural Development, Chief Audu Ogbeh, would be probing former minister, Dr. Akinwunmi Adesina, Ogbeh said he has only commendation for his predecessor.
The minister, who spoke at an interactive session w [...]
Power supply across the country is gradually picking up, as the Transmission Company of Nigeria, TCN, reveals that power generation has moved up to 4,200 megawatt, MW, after the sharp reduction from the 5,074MW generation peak recorded on February 2, 2016.
Nigeria’s average electricity gr [...]
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