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19 firms bid for Afam Power, Yola DisCo

Nineteen firms have indicated interest to acquire the Afam Power Company and the Yola Distribution Company (YDC) put up for sale by the federal government, the Bureau of Public Enterprises has said.

BPE announces preferred bidder Warri port concession

The Bureau of Public Enterprises (BPE) on Thursday named Ocean & Cargo Terminal Services Limited as the preferred bidder for the concession of Terminal B Warri Old Port in Delta State.

Federal govt approves privatisation of five mining subsidiaries

The National Council on Privatisation, NCP, on Thursday approved the privatisation of five subsidiaries of the Nigerian Mining Corporation, NMC.

Ibom deep seaport project now 75% complete – commissioner

The Akwa Ibom State Commissioner for Housing & Special Duties, Mr. Akan Okon, has said that work on the Ibom Deep Seaport project has attained 75 percent completion.

Dangote Group, Helios Towers in early lead in 9mobile bid

The race to acquire 9mobile, Nigeria’s fourth largest telecoms network operator, is taking a new dimension, as Dangote Group and Helios Towers are already emerging as the top two contenders among the 16 local and international companies bidding to acquire it.

MTN, Airtel among 16 firms bidding to acquire 9mobile

Sixteen firms have launched a bid to acquire 9mobile, Nigeria’s fourth largest network operator, according to ThisDay.

Recent Stories

Solomon Arase: Let’s use African culture to address security challenges

A former Inspector General of Police, Dr Solomon E. Arase, has said that the complexities of insecurity in the country could be addressed if Nigerians embraces African culture and values.

House of Reps commences investigation into alleged under-remittance of revenues into federation account

The House of Representatives on Tuesday in Abuja, commenced a four-day investigative public hearing on the alleged under-remittance of revenue into the federation account by some agencies.

Lagos: Unruly motorists risk three years imprisonment

The Lagos State Government on Tuesday urged motorists to comply with the provisions of the State Traffic Laws, warning that government would not hesitate to bring the full weight of the law on offenders.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

Muhammadu Buhari thanks Swiss government for returning stolen funds

President Muhammadu Buhari, on Tuesday, thanked the government and people of Switzerland for their support in resuscitating the economy, especially the return of illegally stolen funds.

Federal government targets N800 million to increase mass housing

The Chief Executive Office of Family Homes Funds (FHF), Femi Adewole, has said the Federal Government is targeting over N800 million to provide affordable mass housing for Nigerians.