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Ikeja Electric targets N170 billion revenue in 2020

Ikeja Electric (IE) Plc says it is targeting total revenue of N170 billion in 2020 with the implementation of the increment in various classes of electricity tariffs.
PROFESSOR LATEEF BABATUNDE AYELERU OF THE DEPARTMENT OF EUROPEAN STUDIES, FACULTY OF ARTS DELIVERS INAUGURAL LECTURE ENTITLED IN SEARCH OF ANOTHER LANGUAGE FOR LITERARY AND CULTURAL INTERPRETATIONS ON THURSDAY, 19 DECEMBER 2019.

Federal government appoints Lateef Ayeleru as French language village chief

The Federal Government has appointed Prof. Lateef Ayeleru as Director/Chief Executive Officer of Nigeria French Language Village, Badagry.
Stakeholders in the capital market have stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.

Federal government urged to seek domestic capital for infrastructure funding

Stakeholders in the capital market have stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
Nigerian Stock Exchange NSE

Federal government urged to seek private, domestic capital for infrastructure funding

Stakeholders in the capital market on Thursday stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
The newly appointed Executive Secretary of the National Health Insurance Scheme (NHIS), Prof. Mohammed Sambo, says he has adopted a three-point aggressive and purposeful strategy to rebrand the scheme.

NHIS: Federal, state health insurance scheme to come under one roof

The Executive Secretary/Chief Executive Officer of the National Health Insurance Scheme, Prof Mohammed Sambo, on Wednesday, said the enrolees of the NHIS and the State Supported Health Insurance Scheme would come under one roof to ensure a central coordinating system.
Cryptocurrency

Report: Cryptocurrency crime losses more than double to $4.5 billion in 2019

Losses from cryptocurrency crime surged to 4.52 billion dollars in 2019, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace.

Customs to take delivery of three scanners by second quarter

Nigeria Customs Service, NCS, is set to take delivery of three scanners by end of the second quarter 2020, newsmen report. But some stakeholders are doubting the willingness of the NCS to use the scanners when they finally arrive.
Mr Tony Attah, the Managing Director-Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development.

NLNG: Train 7 construction, installation to be executed locally

In an effort to deepen local content in the petroleum industry, the Nigerian Liquefied Natural Gas (NLNG), on Monday disclosed that the entire installation and construction works of its train 7 project would be executed in Nigeria.

Aviation expert task federal government get up isolation hospitals for coronavirus

Aviation expert, Mallam Abdulazeez Yinka-Oniyangi, has urged the federal government to take proactive measure against the spread of the coronavirus.
President Muhammadu Buhari will depart Abuja Friday to participate in the 5th Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea.

President Buhari leaves for AU Summit, state visit to Ethiopia Friday

President Muhammadu Buhari will depart Abuja, on Friday, to attend the 33rd Ordinary Session of Heads of State and Government of the African Union (AU) in Addis Ababa, Ethiopia.

Nigeria ready for second peer review process of APRM

The Chief Executive Officer (CEO), African Peer Review Mechanism (APRM) National Secretariat, Princes Gloria Akobundu, has expressed Nigeria’s readiness for the second round of APRM.
Toshiro Muto said he hoped the outbreak in China would be quickly contained to restore confidence in the run-up to the Olympics.

Tokyo Olympic boss ‘extremely worried’ about deadly coronavirus virus

The chief executive officer of the Tokyo Olympics admitted Wednesday that organisers are “extremely worried” about the possible effect of the deadly new coronavirus on this summer’s games.
Lagos State has said it will deploy a fleet of 65 buses along major some routes from Monday, February 3, to ameliorate the hardship commuters are facing as a result of the restriction order on the operators of motorcycles and tricycles.

Lagos deploys 65 buses on some routes affected by okada, keke restriction

Lagos State has said it will deploy a fleet of 65 buses along major some routes from Monday, February 3, to ameliorate the hardship commuters are facing as a result of the restriction order on the operators of motorcycles and tricycles in some parts of the state.
Lagos State Governor, Babajide Sanwo-Olu, will on Tuesday launch Lagos Ferry Services, (LAGFERRY) commercial operations with the commissioning of 14 ferry boats for public transportation on Lagos waterways.

Okada ban: Lagos governor to launch commercial ferry operations

Lagos State Governor, Babajide Sanwo-Olu, will on Tuesday launch Lagos Ferry Services, (LAGFERRY) commercial operations with the commissioning of 14 ferry boats for public transportation on Lagos waterways.
Riders on the platform of Opay and Gokada hailing services staged a peaceful protest on Friday, to protest the ban announced by the Lagos State Government on motorcycle and tricycle taking effect from February 1st.

Okada ban: Gokada, Opay riders protest ahead of February 1st enforcement date

Riders on the platform of Opay and Gokada hailing services staged a peaceful protest on Friday, to protest the ban announced by the Lagos State Government on motorcycle and tricycle taking effect from February 1st.

What beneficiaries are getting from Ogun poultry project

Ogun State Governor, Prince Dapo Abiodun, has revealed that beneficiaries of the state’s agricultural initiatives, especially in poultry business are already reaping bountiful harvests.
Nigeria Stock Exchange

NSE unveils growth board for startups, SMEs to deepen nation’s capital market

Mr Oscar Onyema, NSE Chief Executive Officer, said at the official launch of the board in Lagos that the initiative was in line with the Federal Government’s diversification drive for economic growth and development.
Boeing 737 MAX 8

Boeing reports 2019 loss of $636 million

The Boeing Company has reported its first annual loss in more than two decades Wednesday as the lengthy grounding of the 737 MAX dragged down revenues and added to costs.

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People watch waves and rough seas pound against the harbour wall at Porthcawl in Wales, as Storm Dennis sweeps across the country, Saturday Feb. 15, 2020. AP

Man dies as Storm Dennis slams UK, power cuts hit France

A man died after falling into a river on Sunday as Storm Dennis swept across Britain with the army drafted in to help deal with heavy flooding and high winds.
Oyo State Governor, Engr. Seyi Makinde, visited the Inspector General of Police, IGP Adamu Mohammed in Abuja on Wednesday, declaring that his administration would not condone violence in Oyo.

Oyo governor threatens to jail union members who foment trouble

The Oyo State Government, on Sunday, warned some leaders of the suspended National Union of Road Transport Workers (NURTW) in the state to desist from carrying out the threats of violence issued in a video, which has gone viral in the last 24 hours.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police nab Aiye cult kingpin in Ikorodu

The Special Strike Force on Social Miscreants, inaugurated by the Commissioner of Police, Lagos State, Mr Hakeem Odumosu, has arrested the leader of Aiye Confraternity, Sikiru Samuel.
At least 33 Boko Haram militants were killed by Nigerian troops in a gunfight on Sunday, according to military sources on Tuesday.

Nigerian troops overpower Boko Haram in attempt to infiltrate Damaturu

The Nigerian Army has confirmed an attempt by Boko Haram insurgents to infiltrate Damaturu, capital of Yobe State and cause havoc in the city.
Ten-man Plateau United defeated former league champions, Enyimba FC of Aba 4-0 in MatchDay 12 of the Nigeria Professional Football League (NPFL) fixture at the Jos New Stadium on Sunday.

NPFL: Plateau United regain top spot

Plateau United are back at the summit of the Nigeria Professional Football League log following a 2-0 win over Dakkada at the New Jos Stadium on Sunday