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Nigeria will attempt to re-sell the Yola Electricity Distribution Company (Disco), which was returned to it in 2015 by a core investor after declaring a force majeure on its operation of the network, as well as two gas power generation plants, according to a report.
Nigeria and Niger Republic are targeting to produce between 100,000 and 150,000 barrels of crude oil per day in the new agreement to build a hydro carbon and pipeline refinery in Katsina State.
The final buyer from among five bidders already shortlisted for the takeover of the distressed Nigerian telecoms company, 9mobile, will be announced by December 31.
The Presidency has again faulted claims that $25 billion oil contracts were awarded by the the Nigeria National Petroleum Corporation (NNPC) or is $25 billion NNPC fund missing.
The Lagos State Government on Friday described reports that the foreign firms it is partnering in the water sector failed in other countries as “a blatant falsehood.”
The Debt Management Office says the Federal Government is to auction by subscription bonds worth N70 billion on December 19.
Borussia Dortmund is hoping to avoid ex-coach Jurgen Klopp and Liverpool when the last 16 of the Champions League is drawn on Monday.
CIA Director Gina Haspel is set to give a classified briefing to leaders of the US House of Representatives on Wednesday on the what the intelligence agency knows about the murder of Saudi writer Jamal Khashoggi.
Gboribiogha Jonah, the Bayelsa State Deputy Governor, has disclosed that the state government recorded a balance surplus of N18.564billion as at October 31, 2018.
The academic staff of the Lagos State Polytechnic, Ikorodu, have defiled the ongoing nationwide strike declared by the Academic Staff Union of Polytechnic on Wednesday.
They said it would never sell, with its six-minute playing time, operatic passages and lyrics about Galileo and Scaramouche, but the Queen song “Bohemian Rhapsody” on Monday became the most streamed song from the 20th century.
The Joint Admissions and Matriculation Board (JAMB) has confirmed it will commence registration for the 2019/ 2020 Unified Tertiary Matriculation Examination (UTME) in January.
President Muhammadu Buhari will on Friday preside over a Special Federal Executive Council (FEC) meeting to deliberate solely on 2019 draft budget proposal.
Seventeen people have been killed in two attacks by the ADF militant group in the troubled Benin region of eastern DR Congo, a local mayor said Friday.
Lagos Inland Revenue Service (LIRS) director Shade Coker says contrary to widely-spread belief, there are no cases of multiple taxation in Nigeria