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FG, Lagos unveil smart meters initiative to improve electricity access

FG, Lagos unveil smart meters initiative to improve electricity access

In efforts to address the metering gap in Lagos and Nigeria, the Lagos State Government through its Ministry of Energy and Mineral Resources, in collaboration with the Eko Innovation Centre, has unveiled a Smart Meter Initiative, tagged, “The Lagos Smart ...

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Power generation hits peak at 5,377MW

Power generation hits peak at 5,377MW

The power sector has recorded a peak generation of 5,377 megawatts, the Transmission Company of Nigeria has said. It disclosed this in a tweet via its official Twitter handle and stated that the new record was achieved on August 1, ...

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China becoming apprehensive about Nigerian loans, says FG

China becoming apprehensive about Nigerian loans, says FG

China is becoming apprehensive about releasing loans to Nigeria following probes by the National Assembly on loans earlier released to Nigeria by the Asian nation, the Federal Government said on Tuesday. Although the government insisted that no nation could recolonise ...

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Nigerians pay N2tr for calls, data in six months

Nigerians pay N2tr for calls, data in six months

• COVID-19 pushes up expenditure amid poor services • Each subscriber spends N1,725 monthly • GSM operators see more growth, MTN claims pandemic spike data usage The COVID-19 pandemic and its economic disruptions notwithstanding, the first half of the year ...

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We obeyed law on OPL 245 – Eni

We obeyed law on OPL 245 – Eni

Eni, a global oil giant, with operations in Nigeria, on Monday said it complied with the law on issues pertaining to Oil Prospecting License 245. It said in a statement issued by Eni’s subsidiary, Nigerian Agip Oil Company, the international ...

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Union asks dock employers to obey government directives

Union asks dock employers to obey government directives

Maritime Workers Union of Nigeria have kicked against dock labour employers who refused to grant registered stevedores and dock workers access to the operational areas allocated to them by the Nigerian Ports Authority. In a statement issued on Tuesday signed ...

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CBN disburses N539.8m loans to farmers in three months

CBN disburses N539.8m loans to farmers in three months

The Central Bank of Nigeria disbursed N539.8m loans to farmers between January and March 2020. It disclosed this in its third quarter economic report on titled ‘Agricultural credit guarantee scheme’, obtained on Monday. Part of the report reads, “A total ...

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Air Peace sacks 70 pilots, others, blames COVID-19 downturn

Air Peace sacks 70 pilots, others, blames COVID-19 downturn

Air Peace has sacked about 70 pilots and implemented  pay cuts ranging from one per cent to 40 per cent in a bid confirmed the termination of some of its pilots contracts across its fleet. According to a statement issued ...

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Second NNPC ex-GMD dies within three months

Second NNPC ex-GMD dies within three months

The Nigerian National Petroleum Corporation on Monday announced the demise of its former Group Managing Director, Dr Joseph Dawha. Dawha is the second ex-GMD of the national oil firm to have passed on in the last three months, as the ...

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High debt profile: Publish details of loans or face legal action, NLC, TUC, others tell FG

High debt profile: Publish details of loans or face legal action, NLC, TUC, others tell FG

• Nigerians facing harsh economic difficulties despite high accumulated debts – Labour, others The Nigeria Labour Congress, the Trade Union Congress and 80 other organisations, under the aegis of the  Alliance for Surviving COVID-19 and Beyond, on Monday asked the ...

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PDP asks Oshiomhole to present Primary Six certificate

PDP asks Oshiomhole to present Primary Six certificate

The Peoples Democratic Party, on Monday, asked a former National Chairman of the All Progressives Congress, Adams Oshiomhole, to present his Primary School Leaving Certificate if he actually went to school. The Chairman of the PDP Campaign Council for the ...

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Nigeria’s oil projects threatened as IOCs suffer $27.8bn loss

Nigeria’s oil projects threatened as IOCs suffer $27.8bn loss

Several major oil and gas projects in Nigeria may suffer further delays as international oil companies operating in the country saw their financials take a dive in the second quarter of this year. The slump in oil prices caused by ...

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Stamp Duty: How Businesses Will Be Affected – LCCI, Marine Experts  

Stamp Duty: How Businesses Will Be Affected---LCCI, Marine Experts  

·   FG’s revenue generation priority is misplaced – Housing Agents ·   Expect inflation, SMEs will suffer most – Finance Experts By Kenneth Jukpor Nigerians and indigenous businesses may have to brace themselves up for more economic pangs with the planned ...

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Tomiscious Toyin

Tomiscious Toyin

Oluwatoyin Albert is the Divisional Head, Sales, Marketing and Product Development, Xpress Payment. Oluwatoyin is an acute brand story teller with vast experience in sales, marketing, corporate communications, brand and the product development. She always ensures the creation of innovative ...

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GIS Policy: Managing Loan Defaulters

GIS Policy: Managing Loan Defaulters

Over the years some Nigerians have become comfortable with the strategy of obtaining bank loans without plans to repay them. Other folks genuinely invested in business ventures that crashed or misdirected the funds to personal and other issues different from ...

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BULLS: Mr. Integrity! 

BULLS: Mr. Integrity! 

Despite the misrepresentation by some citizens of the country, Lieutenant Victor Agunbiade has stood out as a good representative of Nigeria. He is proof that Nigerians are good people irrespective of the nation’s corrupt tag in the global community. Agunbiade ...

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BEARS: The Baga Attack

BULLS: The Baga Attack

The Governor of Borno State, Babagana Zulum, was on his way to Internally Displaced Persons (IDP) camps last week when his convoy got attacked in Baga, a town under Kukawa Local Government Area of Borno state. This attack exposed the ...

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Recreating NPA Under C-19

Recreating NPA Under C-19

By Kenneth Jukpor Recognizing that Nigerian ports are the gateway to the economy, President Muhammadu Buhari in his maiden speech on the COVID-19 pandemic directed that all seaports remain open and functional even during the total lockdown to curb the pandemic. Despite this noble strategy to keep ...

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How NIWA’s Floating Jetties Can Dissipate Lagos Transport Woes – Braimah

How NIWA’s Floating Jetties Can Dissipate Lagos Transport Woes – Braimah

Mrs. Sarat Braimah is the Area Manager, Lagos Area Office, National Inland Waterways Authority (NIWA). In this interview with MaritimeTVnews, she highlights the opportunities of waterway transport in Lagos, narrating NIWA’s contribution towardsdeveloping the sector as the State undergoes a ...

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How Barging Increases Trucking Fares At Nigerian Ports – Inuwa

How Barging Increases Trucking Fares At Nigerian Ports – Inuwa

By Kenneth Jukpor & Ayoola Olaitan Alhaji Inuwa Mohammed is a chieftain at Nigerian Association of Road Transport Owners (NARTO). In this exclusive interview with MMS Plus newspaper, he appraises port activities from the standpoint of a truck operator. He ...

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