The World Bank on Thursday projected a five per cent growth for emerging market and developing economies in 2021. Nigeria is a developing economy and the financial institution’s projection was contained in its January 2021 Global Economic Prospects report. “Growth ...
Read More »Daily Archives: January 8, 2021
5,552.8MW power generation successfully transmitted to Discos – TCN
Nigeria has recorded an all-time peak power generation of 5,552.8 megawatts, the Transmission Company of Nigeria announced on Thursday. According to TCN, the new peak power generation, which was recorded at 8.15pm on Wednesday, was successfully transmitted across the grid ...
Read More »FG suspends power tariff hike, subsidising 55% low users
The Federal Government on Thursday ordered the Nigerian Electricity Regulatory Commission to suspend the implementation of the January 1, 2021 nationwide electricity tariff hike. Minister of Power, Sale Mamman, directed the commission to revert to the December 2020 power tariff, ...
Read More »Brash billionaire: Tesla CEO Musk world’s wealthiest person
Whether the topic is transforming the automobile or conquering the next frontier of space, Elon Musk has shown a knack for captivating an audience beyond investors and science geeks. The brash Tesla CEO, now the world’s wealthiest person following the ...
Read More »Dickson’s qualification suit: Appeal Court faults lower court, orders reassignment
The Court of Appeal sitting in Port Harcourt, Rivers State, has ruled that the immediate past Bayelsa State Governor, Seriake Dickson, has a case to answer in the suit seeking to disqualify him from contesting the recently concluded Bayelsa West ...
Read More »