Friday, April 26, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Business

TCN deploys system to swiftly detect, respond to national grid collapse

    TCN deploys system to swiftly detect, respond to national grid collapse

The Transmission Company of Nigeria (TCN) says it has deployed a digital system called generation dip/loss detection system (GLDS) to swiftly detect and respond to sudden drops in power generation.

0 comment Read Full Article

FCCPC shuts supermarket in Abuja over ‘unfair pricing, expired products’

    FCCPC shuts supermarket in Abuja over ‘unfair pricing, expired products’

The Federal Competition and Consumer Protection Commission (FCCPC) says it raided two 4U Signature supermarkets located in Wuse area of Abuja. On Thursday, the stores were raided by an enforcement

0 comment Read Full Article

‘Employees will be impacted’ – Nigerian Breweries announces cost savings measures

    ‘Employees will be impacted’ – Nigerian Breweries announces cost savings measures

Nigerian Breweries says some employees will be affected by the company’s cost savings measures adopted to improve its finances. Cost savings measures were adopted by Nigerian Breweries following the N106

0 comment Read Full Article

‘65% businesses may close’ — Private sector asks FG to suspend electricity tariff hike

    ‘65% businesses may close’ — Private sector asks FG to suspend electricity tariff hike

The Organised Private Sector in Nigeria (OPSN) has called for the suspension of the new electricity tariff for Band A customers. OPSN comprises top business membership organisations (BMOs) such as

0 comment Read Full Article

Owerri-bound Air Peace flight turns back mid-air, blames ‘sunset airport’ operation

    Owerri-bound Air Peace flight turns back mid-air, blames ‘sunset airport’ operation

An air passenger has accused Air Peace of delaying its Abuja-Owerri flight for 17 hours. The passenger, simply known as

0 comment Read Full Article

Akabueze: Investors are active players in corruption in Nigeria

    Akabueze: Investors are active players in corruption in Nigeria

Ben Akabueze, director-general of the budget office of the federation, says investors are active players in corruption in Nigeria. Akabueze

0 comment Read Full Article

Cardoso: Declining FX reserves not linked to defending naira… debts are being repaid

    Cardoso: Declining FX reserves not linked to defending naira… debts are being repaid

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the recovery of the naira has little or nothing

0 comment Read Full Article

Obi to FG: Set up task force to address recurring national grid collapse

    Obi to FG: Set up task force to address recurring national grid collapse

Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has urged the federal government to constitute

0 comment Read Full Article

Gap between parallel, official FX rates drops to N22 as naira extends gains

    Gap between parallel, official FX rates drops to N22 as naira extends gains

The naira, on Wednesday, appreciated to N1,050 at the parallel section of the foreign exchange (FX) market. The current FX

0 comment Read Full Article

NPA introduces 72-hour access window for export trucks to avert congestion

    NPA introduces 72-hour access window for export trucks to avert congestion

The Nigerian Ports Authority (NPA) says it has opened a 72-hour access window for all export trucks to access designated

0 comment Read Full Article
error: Content is protected from copying.