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By Obas Esiesesa The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company, Engr. Jennifer Adighije has disclosed that operations at the 450 megawatts Alaoji Open Cycle Power Plant in Abia State has been restored after it was shut down in 2023 over gas supply and metering disputes. Adighije disclosed this during […]
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•Says smugglers behind fuel scarcity By Providence Ayanfeoluwa & Efe Onodjae The Nigeria Customs Service, NCS, Seme Area Command, generated N9.79 billion between March 18 and May 2026, representing a 448 per cent increase compared to the N2.19 billion recorded in the corresponding period of 2025. Speaking during his first media briefing at the command, the […]
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By Babajide Komolafe United Bank for Africa (UBA) Plc, has deepened its longstanding relationship with the academic community and reaffirmed its commitment to innovation, youth empowerment, and nation-building by commissioning the UBA Innovation Hub and Business Office at the University of Lagos (UNILAG). The landmark facility was commissioned by the Group Chairman, UBA, Tony Elumelu, represented […]
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•As foreign portfolio accounts for 95.7% By Babajide Komolafe Capital importation rose by 182 per cent, month-on-month to $3.37 billion in January from $1.25 billion in December, driven by a surge in foreign portfolio investment into bonds and money market instruments. The Central Bank of Nigeria, CBN, disclosed this in its monthly economic report for January […]
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