Chief Operating Officer
TCN, NNPC collaborate to increase gas supply to electricity industry
The Transmission Company of Nigeria (TCN) says it has received unprecedented support from the Nigerian National Petroleum Corporation (NNPC) for the availability of gas
NSE returns to negative posture, indices down by 0.05 per cent
Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks.G
Coronavirus: Air Peace stops passenger with suspected case from boarding flight
A Nigerian passenger who was billed to travel from Lagos to Asaba on Air Peace flight on Friday was stopped and isolated by the airline’s Coronavirus screening team when it discovered that he was very sick at the domestic terminal of the Murtala Muhammed International Airport, known as MMA2.
Facebook announces $100 billion virus aid plan for small businesses
Facebook is rolling out a plan to give 100 billion dollars in aid, through loans and ad credits, to small businesses affected by the coronavirus outbreak, it announced in a blog post on Tuesday.
Coronavirus: Mixed reactions trail central bank’s policy measures
Mixed reactions have trailed policy measures announced by the Central Bank of Nigeria (CBN) to tackle the effect of COVID-19 on the nation’s economy.
Electricity: Consumers backing spinning reserve for system stability – NERC
The Nigerian Electricity Regulatory Commission (NERC) on Monday said most customers are backing a spinning reserve strategy, an ancillary service to stabilize electricity supply nationwide and cut down on incessant system collapses.
NERC postpones TCN public hearing over scanty data
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday, postponed till Monday 16, March 2020, a Public Hearing on the on the application for the extraordinary tariff review for the Transmission Company of Nigeria (TCN).
NWFL: No going back on league resumption
Nigeria Women Football League Chief Operating Officer Dr. Ayo Abdulrahman has confirmed that there is no going back on the resumption date slated for the 18th of March 2020 which us exactly a week from now as date to commence the topflight women football league by the management of the NWFL.
Nigeria stock market capitalisation drops further by N656 billion
Panic sell off continued on the Nigerian Stock Exchange (NSE) on Tuesday with the market capitalisation shedding N656 billion in what an expert attributed to fear of naira devaluation.
Folake Soetan appointed Ikeja Electric acting chief
The electricity distribution company made the announcement in a statement signed by its Head of Corporate Communications, Mr Felix Ofulue on Friday in Ikeja.
NNPC: Nigeria loses $750 million to oil theft in 2019
The Nigerian National Petroleum Corporation (NNPC) says the nation lost about 750 million dollars to oil theft in 2019.
Nissan shareholders furious at Carlos Ghosn scandal, dismal results
Nissan shareholders vented their outrage at the Japanese automaker’s top management Tuesday for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn.
NWFL: Why we should get a percentage of FIFA’s $194K largesse to clubs
The board of the Nigeria Women Football League (NWFL) headed by Aisha Falode at the weekend came out strongly to make a case for the league board to be given a percentage of the FIFA largesse to Nigerian clubs whose players were paraded at the 2019 FIFA Women’s World Cup.
NSE: Trading defies inflation figure, index up 0.90 per cent
The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
NWFL calls for more registration into the Amateur League
The Nigeria Women Football League has called on amateur clubs across the country to endeavour to register for the NWFL National Women Amateur League Championship 2020 before the process closes on January 16, as stipulated by the General Coordinator of the league, Joe Amene.
Market capitalisation gains N2.22 trillion in seven days
The market capitalisation of the Nigerian Stock Exchange (NSE) rose N2.22 trillion or 17.10 percent in seven trading sessions with the market maintaining an upward trend since the beginning of 2020.
Air Peace commends federal government for addressing industry challenges
Air Peace has lauded the Federal Government for addressing some of the challenges confronting the country’s aviation industry.
Air Peace chief tasks federal government on tax reduction, charges
Mrs Oluwatoyin Olajide, Chief Operating Officer, Air Peace, has called on the Federal Government to look into the issues of multiple taxation and charges to avoid crippling the airline business in the country.
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QPR star Eberechi Eze undecided on international future
QPR playmaker Eberechi Eze said he is yet to make a decision on his international future with England and Nigeria hoping to secure his services.
Cash transfer: Nigeria doles out N20, 000 each to 5, 000 FCT residents
The Federal Government has commenced payment of N20, 000 each to five thousand beneficiaries of its Conditional Cash Transfer (CCT) programme in the Federal Capital Territory (FCT).
Delta governor’s spokesman donates sanitisers, others to community
Mr Olisa Ifeajika, Chief Press Secretary to Gov. Ifeanyi Okowa of Delta has donated sanitisers and other items to the people of his constituency, Illah, Oshimili North Local Government Area of the state.
Nigeria records 12 new coronavirus cases, total rise to 151
The Nigeria Centre for Disease Control (NCDC) released the new figures in a tweet on Wednesday, in its latest update on the disease.
Union demands life insurance, N100, 000 special coronavirus allowances for health workers
The Nigerian Union of Allied Health Professionals, NUAHP, on Wednesday, demanded life insurance scheme and immediate payment of N100, 000 special coronavirus allowances to all health workers at the frontline of the war against the disease as presently done to other health workers globally.
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NCDC confirms second coronavirus case in Bauchi
The Nigeria Centre for Disease Control, NCDC, said it made an error in the breakdown of the new 14 coronavirus cases announced for the country on Thursday night.
African oil-producing countries among the most hard-hit as oil price plunges
African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.
Confusion over explosion in Akure
An explosion has occurred along Akure-Owo expressway, a few kilometres from the Akure metropolis.
Postponed Olympic Games to get new date in April
There are strong indications the official dates for the postponed Tokyo 2020 Olympic Games, now billed to take place next year, will be announced before the end of April 2020.
Model sues French Montana for ‘drug overdose and sexual assault’
According to documents reportedly obtained by foreign news outlet The Blast, a woman who wants to remain anonymous has filed a lawsuit against Montana, his employee Mansour Bennouna, and his Coke Boy Records label.