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The US has imposed restrictions on exports to China’s biggest chipmaker, SMIC, after concluding there is an “unacceptable risk” equipment supplied to it could be used for military purposes.
The Federal Government has said that the administration of former President Goodluck Jonathan created the problem in the power sector by selling the power generating and distributing companies to incompetent investors.
The federal government yesterday defended the choice of German firm, Siemens AG, for its 25,000 megawatts grid expansion, saying the German firm was chosen to expand Nigeria’s power grid because the company was best qualified to rehabilitate the dilapidated electricity infrastructure in Nigeria.
Hours after Microsoft’s Xbox Series S console widely leaked, the company has gone on the record to confirm its existence. In a tweet, Microsoft describes the Series S as offering “next-gen performance in the smallest Xbox ever” and lists the price as the previously leaked figure of $299.
Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19 pandemic was lagging.
The Nigerian government has so far obtained funding in the sum of $6.15 billion (around N2.37 trillion) for the power industry and is currently reforming the sector with it, Sale Mamman, the Minister of Power said on Tuesday.
Mr Otumba Adeniyi, the Minister of Industry, Trade and Investment, says the Federal Government has initiated a process to revive the collapsed industries in Kano State.
The entertainer in a post via his Instagram account on Monday said Nigerian youths rarely pay attention to important issues that have to do with politics and things that are important to the society but instead give so much attention to the Big Brother Naija reality show which does not affect the polity or economy.
The Federal Executive Council, FEC, yesterday ratified the President’s anticipatory approval for the release of 15.21 million Euros offshore and N1.708 billion onshore counterpart funding for the power deal with Siemens AG, signed by the Nigerian and German governments last year.
The House of Representatives declared yesterday that Power Generating Companies, GENCOs, and Distribution Companies, DISCOs, have failed, saying they have disappointed the citizenry.
The Minister of Power, Engr. Saleh Mamman, has explained that the suspension of take-off of the new electricity tariff hike till next three months was in line with President Muhammadu Buhari’s announcement of March 29 granting a moratorium for certain Federal Government’s funded facilities to the Nigerian public.
Nigeria is set to release six coronavirus patients after they fully recovered from the infection. All six persons are in Lagos State, the hardest hit by the disease. It will bring to eight the total number of recoveries.
Abba Kyari, chief of staff to President Muhammadu Buhari, has tested positive for the coronavirus days after returning from an official trip to Germany.
President Muhammadu Buhari has tested negative for Coronavirus (COVID-19), but his Chief of Staff, Abba Kyari, has tested positive, THISDAY is reporting.
It called on Distribution Companies in the country to improve on their financial and technical capacity to deliver or the government would intervene more directly to find solutions to darkness.
Indian and Chinese troops have fought a new brawl on their contested Himalayan border, leaving injuries on both sides, military officials said Monday.
The Minister of Works and Housing, Mr Babatunde Fashola, has stated that his ministry was currently executing 43 road projects within tertiary institutions across the country with a view to enhancing the learning environment.
Chelsea manager, Frank Lampard, was quick to defend Kepa Arrizabalaga after Sunday’s 3-1 win over Luton Town in the FA Cup.
Disturbed by the rising tension in the South-west region over the arrest order issued on a Yoruba activist, Sunday Adeyemo Igboho, by the Inspector General of Police (IG), Mohammed Adamu, the Secretary of the National Consultative Front (NCFront), Olawale Okunniyi, has cautioned the police chief not to further exacerbate the building tension in the Southwest by arresting the Yoruba activist.
The Nigeria Centre for Disease Control (NCDC) has confirmed 964 cases of the Coronavirus (COVID-19), taking the tally of infections in the country to 121,566.
The world needs American leadership in the battle against COVID-19, the EU’s top diplomat said, urging President-elect Joe Biden to step up after the Trump administration was widely criticised for its slow response to the pandemic.
Sadiq Umar was again on target today for his 18th goal of the season as UD Almeria closed in on Segunda Division leaders Espanyol.
The pioneer Speaker of the Taraba State House of Assembly, Mr Anthony Danburam, has passes on.
Gov. Abdullahi Ganduje of Kano State has approved the redeployment of four permanent secretaries in the interest of efficiency and better service delivery.
Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden’s inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth.