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Transcorp Power Announces Listing On NGX Main Board

Transnational Corporation Plc (Transcorp Group) has announced the listing of its subsidiary, Transcorp Power Plc, by introduction on the main board of the Nigerian Exchange (NGX). This disclosure was contained in a statement released by the Transcorp Group’s Company Secretary, Stanley Chikwendu, on Monday. According to the statement, there will be a “Facts Behind the […]

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NCC Advocates Promotion Of Indigenous Telecommunications Sector

The Nigerian Communications Commission (NCC), the nation’s telecommunications sector regulator, has urged stakeholders in the  sector  to intensify efforts to promote Nigeria’s indigenous telecommunications capacity and by so doing, improve the sector’s contributions to the Gross Domestic Product (GDP). The  Executive Vice Chairman (EVC) of the commission, Prof. Umar Danbatta,  gave this charge during an […]

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BudgIT Alleges Misappropriation Of N100Bn Constituency Project Fund

Tracka, BudgIT’s service delivery promotion platform which allows citizens to collaborate, track and give feedback on public projects in their communities, stated at the weekend that it found that N58.2 billion of the N100 billion constituency projects was allocated to empowerment projects. In a statement on the alleged misappropriation of the fund, the civil advocacy […]

Infrastructure & Capital Projects Latest News Planning & Economic Development Power/Electricity

Electricity: New Transformers To Arrive Nigeria From September – FG

The Federal Government has disclosed that the first batch of the transformers under the Presidential Power Initiative (PPI) is expected to start arriving Nigeria from September this year. The disclosure followed Siemens’, the world’s leading firm focusing on the areas of electrification, automation and digitalization, certification that the mega transformers had met its factory acceptance […]