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TheCable

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Ajaokuta steel plant won’t be ready before end of Buhari’s tenure, says minister

    Ajaokuta steel plant won’t be ready before end of Buhari’s tenure, says minister

The federal government says President Muhammadu Buhari‘s administration will no longer complete the Ajaokuta steel plant in 2022, as earlier promised.  The COVID pandemic and the Russia-Ukraine war were blamed

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Tribunal bars MultiChoice from increasing DStv, GOtv subscription rates

    Tribunal bars MultiChoice from increasing DStv, GOtv subscription rates

A Competition and Consumer Protection (CCP) tribunal sitting in Abuja has restrained MultiChoice Nigeria Limited from increasing its tariffs and cost of products and services. A three-member tribunal, presided over

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EXCLUSIVE: How Nigeria paid $137m in two years for unutilised gas in ‘take or pay’ deals

    EXCLUSIVE: How Nigeria paid $137m in two years for unutilised gas in ‘take or pay’ deals

Facts have emerged on how Nigeria paid $137 million in two years for gas and electricity that were never used in the “take or pay deal” the country entered into

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World Bank suspends Nigerian firm, MD for five years over ‘corrupt practices’

    World Bank suspends Nigerian firm, MD for five years over ‘corrupt practices’

World Bank Group says it has suspended SoftTech IT Solutions and Services Ltd. (SoftTech), an information technology solutions company based in Nigeria, for 50 months over corrupt allegations in the

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Reps panel uncovers N300bn ‘unclaimed funds’ in commercial banks

    Reps panel uncovers N300bn ‘unclaimed funds’ in commercial banks

A house of representatives committee says it has uncovered N300 billion “unclaimed funds” in some banks in the country. Unyime

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FG approves N29bn for road projects in Kaduna, Abia, Borno

    FG approves N29bn for road projects in Kaduna, Abia, Borno

Babatunde Fashola, minister of works and housing, says the federal executive council (FEC) has approved N29.2 billion for the completion

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Tinuade Sanda becomes first female MD of Eko DisCo

    Tinuade Sanda becomes first female MD of Eko DisCo

Eko Electricity Distribution Company (EKEDC) says its board of directors has approved the appointment of Tinuade Sanda as the managing

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Tax returns: LIRS threatens to prosecute defaulters as deadline nears

    Tax returns: LIRS threatens to prosecute defaulters as deadline nears

The Lagos State Internal Revenue Service (LIRS) says there is no plan to extend the deadline for filing individual annual

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Senate asks Multichoice to reduce prices of DStv, GOtv packages 

    Senate asks Multichoice to reduce prices of DStv, GOtv packages 

The senate has asked Multichoice to reduce the prices of its DStv and GOtv packages owing to the prevailing economic circumstances

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Hadi Sirika: Nigeria Air will be totally private — no government control

    Hadi Sirika: Nigeria Air will be totally private — no government control

Hadi Sirika, the minister of aviation, says Nigeria Air Limited, the country’s proposed national carrier, will have no government control.

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