TCN restores power supply to Kano-Hadejia substation
The Transmission Company of Nigeria has announced that the power supply to the Kano-Hadejia 132kV line has been restored successfully. This was…
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Naira dips to N1,600 in parallel market
The Naira on Tuesday depreciated to N1,600 to a dollar in the parallel market. This shows a significant decline from its previous…
UK Tech entrepreneur, five others feared dead in Sicily yacht sinking
United Kingdom Tech entrepreneur Mike Lynch, Morgan Stanley International Chairman Jonathan Bloomer, and four others are feared dead following the sinking of…
$3bn Badagry seaport eyes financial partners
The Chief Executive Officer of the Badagry Port Development Limited, Didi Ndiomu, has announced that the $2.59bn Badagry Deep Seaport project is…
NLNG refutes claims of neglecting host community
Nigeria Liquefied Natural Gas Limited has denied the claims that its Train 7 Project Engineering, Procurement, and Construction Contractors have neglected the…
Aviation workers suspend planned protest over revenue deduction
The aviation workers have opted to call off their scheduled protest over the government’s demand for 50 per cent of their revenue.…
SEC introduces license for crypto, virtual assets providers
Nigeria’s Securities and Exchange Commission is getting ready to introduce licenses to companies offering virtual assets, including cryptocurrencies as part of its…
Crude producers warn against pressure to sell to Dangote Refinery
Oil producers, under the umbrella of the Independent Petroleum Producers Group have issued a warning against being pressured to sell their crude…
Scarcity: NNPCL stopped fuel supply, private depots sell N850, says IPMAN
The Independent Petroleum Marketers of Nigeria has disclosed that for the past three years, NNPC has stopped providing them with petroleum products…
Total Nigeria shares sell abive N500 in August
Total Nigeria closed above N500 in the stock market on August 19, 2024, sustaining a strong buy-side trend that had started since…
IHS Towers lays off 100 employees amid Nigeria’s economic challenges
The world’s fourth-largest independent tower company, IHS Towers, has laid off over 100 employees as currency devaluation in Nigeria, its largest market,…
FG pays N205bn from N1.3tn power generation debt
The federal government said on Monday that it has paid N205 billion from the N1.3 trillion in debt owed to Generation Companies.…