Business News

…Adds N54.5bn to electricity bulk trader’s funds

The Federal Government yesterday added N54.5billion ($350m) for the Nigerian Electricity Bulk Trading Plc (NBET) to boost the organisation’s power purchase abilities in the...

FG hands over 335MW Olorunsogo power to SEPCO

Stories by Etuka Sunday The National Council on Privatization (NCP), on Wednesday announced the formal hand over of Olorunsogo Power Plc to SEPCO Pacific Partners...

Wakili takes over as power Minister for state

By Etuka Sunday The newly appointed Minister of state for Power, Alh. Mohammed Wakili yesterday resumed duties to join the fight in ensuring that Nigeria...

CBN installs over 200,000 POS in Nigeria–Official

From Ahmed Kaigama, Bauchi As parts of its effort to ensure the implementation of cash less policy, the Central Bank of Nigeria (CBN) has installed...

Airtel, Etisalat sign network infrastructure agreement

By Chris Alu Bharti Airtel has signed an agreement to set up a multi service regional network infrastructure node in cooperation with UAE based Etisalat. The...

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