The Africa Finance Corporation has approved a $230 million loan for Nigerian Telecom Company 9mobile, the firm said on Sunday. The money will be used to honour existing debts, finance its costs and invest in growth, a 9mobile statement said. 9mobile, formerly called Etisalat Nigeria, is the country’s fourth-biggest telecoms operator and was operated by […]
Enyimba International Football Club on Sunday advanced to the second preliminary round of the 2019/2020 CAF Champions League after a 5-0 win over Rahimo FC of Burkina Faso in Aba. The News Agency of Nigeria (NAN) reports that the Aba-based side qualified 5-1 aggregate after having lost the first leg tie 0-1 about a fortnight […]
The amount of electricity generated by the nation’s 27 power stations fell below 3,000 megawatts on Sunday as low load demand by distribution companies continued to limit generation. The PUNCH reported earlier this month that 17 of the stations had been forced to shut down some of their units on the back of low demand […]
The Association of Nigerian Aviation Professionals (ANAP) on Sunday said that aviation unions would continue to kick against planned concession of some major airports across the country by the Federal Government. ANAP also raised the alarm over the existence of numerous airstrips in the country, warning that safety and security could not be guaranteed in […]
With the official backing of President Muhammadu Buhari, the Economic and Financial Crimes Commission (EFCC) is set to grill suspects linked with the $16 billion failed power projects. Twenty suspects, among them, two ex-governors, three former ministers, a former chairman of a bank and an ex-aviation chief, will be invited by the anti-graft body to […]
The Nigeria Labour Congress (NLC) has announced the appointment of a new General Secretary. Emmanuel Okechukwu Ugboaja was approved as the General Secretary by the National Executive Council of the NLC, the labour president, Ayuba Wabba, said in a statement. Read the full statement by the NLC president below. NOTIFICATION OF THE APPOINTMENT OF COMRADE […]
—The teenager is being tracked by clubs across Europe as they await his 18th birthday to make a move Manchester City is among the clubs interested in Nigeria Under-17 captain Adeleke Oluwatobi Babatunde. The 16-year-old is regarded as one of Africa’s hottest talents, with Napoli, RB Leipzig, Lille and Ajax also showing an interest in […]
The Nigeria U20 women’s team will battle Algeria in the semi-final of the ongoing 2019 African Games in Rabat. The Falconets reached the knockout stage in style as they defeated South Africa 3-0 before getting a walkover against Zambia. Then they were held to a 1-1 by Cameroon. Cameroon’s 1-0 win over South Africa means […]
Nigeria improved its ranking by a notch and emerged as the third-biggest oil supplier to India in July, replacing Venezuela, which slipped to number four. India imported about 4.6 million barrels per day of oil in July, a growth of about 1.5 per cent from a year earlier, according to data from shipping and industry […]
A member of the 8th National Assembly, who represented Kaduna Central Senatorial District, Senator Shehu Sani, has said the 2023 Presidency may elude the South if the South- East and South- West clamouring for it are not united. Sani said the two geopolitical zones must unite and decide on a single candidate that would represent […]