New research findings have indicated that current efforts by the Federal Government and private investors to develop the nation’s off-grid power alternatives will create a $9.2 billion market opportunity for mini-grids and solar home systems on yearly basis. This was part of the major findings contained in report of an independent research of the Nigerian […]
The Executive Vice Chairman the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, on Tuesday hinted that the commission was considering the best technology solutions to block call masking/refilling in the country. Danbatta, who disclosed this during the commission’s 99th edition of consumer outreach programme with the theme ‘Using Information and Education as Tools for Consumer […]
The National Bureau of Statistics (NBS) reported on Tuesday that the nation’s Consumer Price Index (CPI), which measures inflation, increased to11.28 percent (year-on-year) in September, representing a 0.05 percent rise when compared to the 11.23 percent of the preceding month. The Bureau attributed the slight increase of the CPI to increases in all the indicators, […]
The Central Bank of Nigeria (CBN) has put the total amount released under the Commercial Agriculture Credit Scheme (CACS) to participating banks for disbursement to farmers across the country since the inception of the scheme at N615.43 billion. The apex bank in its latest report for August indicated that the disbursements covered 568 projects. This […]
The Nigeria Customs Service (NCS), Kano/Jigawa Area Command on Tuesday disclosed that it impounded 1,200 bags of imported rice, 300 jerry cans of vegetable oil, 100 bags of sugar and 200 cartons of spaghetti valued at over N35 million within three weeks of intensive operations. The Comptroller in-charge of the Command, Mr. Nasir Ahmad, explained […]
The Edo Ministry of Youths and Special Duties has generated about N15. 2 million from January till date out of the proposed N24 million revenue target set for it in the 2018 budget. The Commissioner for Youths and Special Duties, Mr Mika Amanokha, made this disclosure on the floor of the Edo House of Assembly […]
The Nigerian Shippers’ Council (NSC) on Tuesday announced the suspension of the $400 surcharge earlier imposed by some shipping companies on cargoes berthing at Apapa and Tin-Can Island Ports. The Executive Secretary of the Council, Mr Hassan Bello, said that the decision to suspend the penalty was taken after a closed door meeting with stakeholders […]
The Major Oil Marketers Association of Nigeria (MOMAN) On Monday appealed to the Federal Government to pay the N130.7 billion outstanding subsidy debts owed its members nationwide. The Chairman of the association, Mr Andrew Gbodume, made the appeal while briefing Energy Correspondents in Lagos on the state of the indebtedness and its negative implication for […]
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Monday said that Federal Government was committed to timely completion of the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project to ensure that economic challenges being witnessed in the Northern region due to shortage of gas supply were addressed. Kachikwu, who gave this hint at a breakout […]
The Nigerian Ports Authority (NPA) has said it is making every effort to restore normalcy to the chaotic transportation situation along Lagos ports access roads. The Managing Director of NPA, Hadiza Bala Usman, said this on Monday in Lagos, at a colloquium organized in honour of the former President, Association Of Licenced Customs Clearing Agents, […]