The Federal Government said yesterday it was working on establishing an electricity offences tribunal to combat power theft in the country. Speaking at a briefing in Abuja, the Managing Director, Nigerian Electricity Management Services Agency, NEMSA, Aliyu Tahir, who disclosed this, said: “We are working on the establishment of an electricity […]
Business
Obi Cubana Opens Tricycle (Keke) Assembly Plant In Lagos – Autos
As long as you are on the move, greatness is assured!! Our Ikorodu outlet comes alive in a few weeks! @enviabletricycles is the BIGGEST stockists of Keke Tricycles, Parts and accessories in Nigeria! Glad to announce the opening of our Ikorodu, lagos outlet to serve you even better!!
Eyowo Secures Full License From The CBN
Hi Everyone, Just to let you guys know that we have our full and final license back for @eyowo from the @cenbank of Nigeria. We will share details over the next few weeks. Impossible is nothing! Thank you and 🥂 to it for us this weekend 😉
BVN, NIN Details Available On AnyVerify For ₦100
Only three months after FIJ exposed XpressVerify, a private website selling the Nigerian identification data, private website AnyVerify has been found trading Nigerian bank verification numbers (BVNs), among other sensitive citizen data. Paradigm Initiative (PIN), an ICT for Development and Digital Rights group, said on Thursday that it was seeking legal redress on […]
FG Puts Up Three Presidential Aircraft For Sale
The federal government has decided to sell three ageing presidential aircraft so as to gather funds to purchase a new one. News360 Nigeria gathered reports that the decision will also reduce excessive spending on fleet maintenance for the aircraft which are currently unused. The latest development comes as the House of […]
NERC Approves N21bn For Procurement Of Electricity Meters At Zero Cost
The Nigerian Electricity Regulatory Commission (NERC) Friday announced the approval of N21 billion for the procurement of electricity meters for Band ‘A’ customers, explaining that the purchase and installation will come to end-users at no cost. In an order signed by the commission’s Chairman, Sanusi Garba, and the Commissioner in charge of […]
Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts
Experts have indicated that the commencement of production at the Dangote Petroleum Refinery may not lead to a substantial decrease in petrol and diesel prices. Despite the refinery’s strategic location in Lagos, Nigeria, the input costs for its operations are heavily import-dependent, and the volatility of foreign exchange rates is […]
CAF Announces Dates Of The Next AFCON And WAFCON
CAF Executive Committee announces dates of CAF TotalEnergies Africa Cup of Nations (“AFCON”) Morocco 2025 and CAF TotalEnergies Women’s Africa Cup of Nations 2024 Published: Friday, 21 June 2024 The Confédération Africaine de Football (“CAF”) Executive Committee (“EXCO”) today announced the dates of Africa’s most popular and competitive football competition, […]
Dangote Refinery’s Electricity Surpasses Nigeria’s Eleven Years Capacity
Dangote Sets Another Record as Refinery’s Electricity Surpasses Nigeria’s Eleven Years Capacity Nigeria added barely 760 megawatts of power to the national grid in eleven years; in contrast, the Dangote refinery doubled that amount and produced 1,500 megawatts in a shorter amount of time. Nigeria has the capacity to generate […]
Otedola Buys ₦18.9bn Shares To Regain Position As Biggest Shareholder In FBN
Femi Otedola, billionaire businessman and chairman of FBN Holdings, has regained his position as the majority shareholder of First Bank. According to corporate filings on the Nigerian Exchange Group (NGX) on Thursday, Otedola now owns 9.41 percent shares in the bank. This became possible after he purchased the group’s shares valued […]