As part of its continuous effort to introduce initiatives geared towards ensuring enjoyable customer experience, the Enugu Electricity Distribution Company (EEDC) has modified its electricity bill to wear a new look. The refreshed two-sided A5 sized electricity bill takes effect from September, 2017, with new features which include a summary of previous balance and last […]
The Central Bank of Nigeria (CBN) has assured of its continued intervention in the inter-bank Foreign Exchange market in order to sustain liquidity and stability in the sector. The Acting Director, Corporate Communications Department at the Bank, Mr. Isaac Okorafor gave the assurance in Abuja on Friday, stressing that the measures being taken by the […]
The recovery of the Nigerian economy from recession is an indication that the various policies of government towards reflating the economy, as set out in the Economic Recovery and Growth Plan (ERGP), are yielding fruits, and confidence is returning to the Nigerian economy. Minister of Budget and National Planning, Senator Udoma Udo Udoma, who was […]
The Minister of Transportation, Mr Rotimi Amaechi on Wednesday inaugurated six-man Interim Management Committee to restructure Maritime Academy of Nigeria (MAN), Oron. Amaechi, while inaugurating the committee in Abuja, said that the Federal Government had approved the implementation of the reports earlier submitted by the committee. He said that the committee was earlier inaugurated in […]
The Nigeria Labour Congress (NLC) has appealed to the Federal Government and the National Assembly not to vote for the admission of Morocco into Economic Community of West African States (ECOWAS). Mr Ayuba Wabba, the NLC’s President, gave the advise on Tuesday in Abuja at the workshop of Organisation of Trade Unions of West Africa […]
Facebook Inc is gearing up to make money from WhatsApp, the messaging service used by more than a billion people every day, the Wall Street Journal reported on Tuesday. WhatsApp will be testing new features to make it easier for people to communicate with businesses they want to reach on WhatsApp, the messaging service said […]
President Donald Trump’s administration is set to unveil revised self-driving vehicle guidelines next week in Michigan, responding to automakers’ calls for elimination of legal barriers to putting autonomous vehicles on the road, sources briefed on the matter said on Tuesday. U.S. Transportation Secretary Elaine Chao was expected to unveil the revised guidelines next Tuesday at […]
The Naira on Tuesday appreciated against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency gained N1 to exchange at N364 to the dollar, stronger than N365 posted on Friday, while the Pound Sterling and the Euro closed at N470 and N430. Trading at the Bureau De change […]
Lagos State Government through its Agency for Mass Education has set September 11 to shut down all unregistered tutorial and continuing educational centres (CECs) in the state. Mr Obafela Bank-Olemoh, the Special Adviser to the Governor on Education, said Tuesday in Lagos that the closure was necessitated by the refusal of some operators of tutorial […]
Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc (COL.N), the companies said on Monday, in a deal that bulks up UTC’s power with plane makers by creating one of the world’s largest makers of civilian and defense aircraft components. Farmington, Connecticut-based United Technologies […]