Home Topics Alex Okoh

Alex Okoh

BPE: 37 per cent of privatised Nigerian firms are failing

About two in five companies privatised by the Bureau for Public Enterprises since inception are not performing, the agency has stated.

NIPOST to operate electronic money order in February

The Nigerian Postal Service, NIPOST, has declared that Electronic Money Order will debut in Nigeria in February, just as Postmaster General of the Nigerian Postal Service (NPS), Mr. Bisi Adegbuyi, said the planned restructuring and modernisation of the Service will not lead to job loss.

ALSCON: Federal govt signs renewed share purchase agreement with UC Rusal

The Federal Government has given official recognition to Messrs UC Rusal, a Russian Company, as the core investor of the Aluminium Smelter Company of Nigeria (ALSCON), Ikot Abasi, Akwa Ibom State, following the signing of the Renewed Share Purchase Agreement between Government and the Russian company in Abuja, on Friday.

FCT court insists on Supreme Court ruling on ALSCON

The High Court of the Federal Capital Territory, Maitama says enforcing the Supreme Court order of July 6, 2012 remains the most viable option to resolve the lingering crisis over the sale of the Aluminium Smelter Company of Nigeria, ALSCON, Ikot Abasi.

New regulation threatens N466 billion power sector loans

The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).

Senate invites IGP Ibrahim Idris, others over unpaid N6.5bn revenue

The Senate Ad-hoc Committee on Alleged Fraudulent Activities in Collection, Accounting, Remittance and Expenditure by Revenue Generating Agencies has invited the Inspector-General of Police (IGP), Mr Ibrahim Idris, to appear before it.

Recent Stories

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.

NEMA: Shiites burnt down two quick response ambulances

National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Winifred Oyo-Ita: Unrealistic demands by labour unions hampering implementation of new minimum wage

The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir Yusuf

Tribunal: PDP tenders 241 exhibits against Governor Ganduje’s election

Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
Dr Gloria Obioh, Head of Department of Environmental Biotechnology and Bio- conservation Department, National Biotechnology Development Agency (NABDA) stated this in an interview with newsmen.

Federal government set to deploy biogas for power generation

The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.