By the time the fresh push by the Lagos State government to relocate Ikeja Computer Village to Katangowa in Agbado/Oke Odo Local Government of the state is materialised, the Ikeja local government will be losing about N60 million annually from levies. Thislevies, it was gathered, are collected annually from about six thousand different categories of […]
The Governing Council and Board of Trustees, Mining Investment, has nominated Gov. Darius Isiaku of Taraba to showcase the state mineral resources at the forthcoming Mining Investment in Europe. The mining investment in Europe would take place in Frankfurt, Germany, from June 12 to June 14. Taraba is blessed with different types of minerals, such […]
Smartphones with batteries that fully charge in five minutes could be available to consumers next year. The technology was first shown off in 2015, when Israeli start-up StoreDot demonstrated its FlashBattery at the CES tech show in Las Vegas. Chief executive Doron Myersdorf told the BBC it is now expected to enter production in early […]
Niger State government on Thursday says it has expended N1.5 billion on procurement of 15,000 metric tonnes of fertiliser for farmers in the state for the 2017 cropping season. Gov. Abubakar Bello disclosed this during the inauguration of sales and distribution of fertiliser in Minna for 2017 cropping season. He said that the fertiliser would […]
In its resolve to achieve the mega city status, Lagos State government on Thursday launched free public Wi-Fi at parks and gardens. The initiative was kick-started at popular Ndubuisi Kanu Park, Alausa, Ikeja, while others are expected to follow suit, according to the state government. The launch of the initiative is part of activities to […]
The Federal Government has entered into a Memorandum of Understanding (MoU) with Nigeria’s largest indigenous energy group, Oando Plc to manage the Port Harcourt Refinery under a repair, operate and maintain (ROM) arrangement. Chief executive officer, Oando Plc, Wale Tinubu at a presentation on the underlying facts of the group’s operations at the Nigerian Stock […]
Kano Electricity Distribution Company (KEDCO),is displeased over the poor revenue of the company in Jigawa south region saying, N3 billion was targeted in the last quarter but less than N2 billion was generated. The Managing Director of the company, Jameel Ishiaku Gwamna, made this known Thursday during the recognition and performance award ceremony of the […]
Governor Ibikunle Amosun of Ogun state on Thursday escaped death in an auto accident caused by a reckless bullion van driver working for the Central Bank of Nigeria. The accident happened at the Ibafo axis of the Lagos-Ibadan expressway. The governor’s Senior Special Assistant on Media, Mr Juwon Soyinka, said in a statement that the […]
Zenith Bank Plc on Thursday notified the Nigerian Stock Exchange (NSE) of its intention to raise up to $500 million under its global Medium Term Notes programme established in 2014. The bank had established a $1 billion global medium term note programme in 2014 and had raised $500 million under the first tranche of notes […]
The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has called on members of the public to ignore rumours of financial distress in some banks being circulated through text messages and social media to de-market some financial institutions and destabilise depositors’ confidence in the banking system. Ibrahim said this in Abuja, […]