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Power deal: Siemens to upgrade additional 22 transmission substations in Nigeria

    Power deal: Siemens to upgrade additional 22 transmission substations in Nigeria

Siemens Energy Limited says it will upgrade 22 transmission substations in Nigeria in addition to the 11 new ones to be constructed under the presidential power initiative (PPI). PPI is

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Mastercard Foundation signs agreement with Nigeria to empower 10m youths by 2030

    Mastercard Foundation signs agreement with Nigeria to empower 10m youths by 2030

The Mastercard Foundation says it has signed a host country agreement with Nigeria to create economic opportunities for 10 million youths. The signing ceremony was held at the ministry of

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Transcorp Energy set to partner FG on nuclear power plants

    Transcorp Energy set to partner FG on nuclear power plants

Transcorp Energy, a subsidiary of Transnational Corporation of Nigeria Plc, says it is seeking to partner with the federal government to build nuclear power plants as an alternative energy source. 

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‘Our loans are secured’ — BoI denies lending without collateral

    ‘Our loans are secured’ — BoI denies lending without collateral

The Bank of Industry (BoI) has dismissed media reports that it undertakes unsecured lending, describing them as untrue and misleading. In a statement on Wednesday, the management said BoI offers

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Buhari approves payment of outstanding pension liabilities to retirees of MDAs

    Buhari approves payment of outstanding pension liabilities to retirees of MDAs

President Muhammadu Buhari has approved payment of outstanding pension liabilities to retired workers of federal government treasury-funded ministries, departments, and

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PTAD receives £26m repatriated pension fund from UK

    PTAD receives £26m repatriated pension fund from UK

The Pension Transitional Arrangement Directorate (PTAD) says it has received £26,505,862.97 million pension funds repatriated from the United Kingdom. These

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FG: Monthly subsidy on electricity now N30bn — drop from N50bn in February

    FG: Monthly subsidy on electricity now N30bn — drop from N50bn in February

The federal government says the cost of subsidising electricity every month is now about N30 billion — a drop of

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JPMorgan: Crypto market is healing — but expects further price decline

    JPMorgan: Crypto market is healing — but expects further price decline

Analysts at JPMorgan have projected that the price of Bitcoin will decline to $25,000 level and further sell-offs is expected

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PenCom: We’ve recovered N608m pension liabilities from defaulting employers

    PenCom: We’ve recovered N608m pension liabilities from defaulting employers

The National Pension Commission (PenCom) says it has recovered N608.5m from employers who deducted monthly pensions of their workers but

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CBN asks stakeholders to develop inclusive national fintech strategy

    CBN asks stakeholders to develop inclusive national fintech strategy

The Central Bank of Nigeria (CBN) has asked stakeholders in the financial sector to ensure the development of a robust,

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