Friday, 29th March 2024
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GENCO

29 Dec
Over 20 of the 27 electricity plants on the Nigerian electricity grid are in shambles as some of the plants are producing only about 0.2 per cent of their installed capacity.
29 Dec
After a very long time, one arm of our electric power authority had the courtesy to alert us that it would shut down for three days and we would not have power supply for that period. The last time there was a semblance of this, at least within memory for me, was 1975—I stand to…

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Chinese telecom giant Huawei said on Friday that its profits more than doubled in 2023, a year that saw the company defy US sanctions with the release of a high-end smartphone.
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The Nigeria Data Protection Commission (NDPC) has called on Nigerians to always regard the National Identification Number (NIN) as an essential data for sustainable development.
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Alhaji Mohammed Idris, the Minister of Information and National Orientation, has reiterated the Federal Government’s unwavering commitment to upholding the principle of press freedom and tasked professionals with responsible journalism.
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President Recep Tayyip Erdogan's obsession ever since losing the country's economic capital to the opposition in 2019.
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Tokyo markets closed higher on Friday after the Dow and S&P 500 hit new highs on Wall Street, while investors awaited US economic data due later in the day.
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From the National Chairman of the ruling All Progressives Congress (APC), Dr Abdullahi Umar Ganduje, came assurances of better days for Nigerians grappling with hardship as a result of the high cost of living.
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The Central Bank of Nigeria (CBN) has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.
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The FCT Commandant of the Nigeria Security and Civil Defence Corps (NSCDC), Mr Olusola Odumosu, has inaugurated the Corps Female Strike Force to protect schools in the territory.
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About six months after President Bola Tinubu recalled all career and non-career ambassadors in diplomatic missions worldwide, their offices in embassies and consulates have remained vacant.
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Banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said.