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TCN raises N565bn to achieve 20,000MW in four years

    TCN raises N565bn to achieve 20,000MW in four years

Usman Mohammed, managing director of the Transmission Company of Nigeria (TCN), says N565.2bn has been raised to achieve 20,000 megawatts (MW) in the next four years. Mohammed disclosed this in

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Clearing agents embark on strike at MMIA over new Customs policy

    Clearing agents embark on strike at MMIA over new Customs policy

Clearing agents on Monday grounded activities at the Murtala Muhammed International Airport (MMIA), Lagos. The agents protested the new policy by the Nigeria Customs Service (NCS), Lagos airport command, which

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Airtel, 9mobile oppose transfer of Visafone’s spectrum to MTN

    Airtel, 9mobile oppose transfer of Visafone’s spectrum to MTN

Airtel and 9mobile, mobile network operators in the country, have opposed the transfer of an 800MHz from Visafone Communications to MTN Nigeria. Speaking in Abuja on Monday at a public

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Report: Nigeria overtakes India as world’s poverty capital

    Report: Nigeria overtakes India as world’s poverty capital

Nigeria has now taken over as the nation with the highest number of extremely poor people, a report by Brookings Institution has shown. Before now, India used to hold the

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FG to commence voluntary asset repatriation scheme

    FG to commence voluntary asset repatriation scheme

The federal government has announced plans to start a voluntary scheme to recover funds stolen from Nigeria. Abubakar Malami, minister

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We recovered N731bn bad loans in seven years, says AMCON MD

    We recovered N731bn bad loans in seven years, says AMCON MD

The Asset Management Corporation of Nigeria (AMCON) says it recovered bad loans worth N731bn, excluding clawbacks, from the start of

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NCC to release new price for data, says Danbatta

    NCC to release new price for data, says Danbatta

The Nigeria Communication Commission (NCC) is looking to release a new price for data, says Umar Danbatta, executive vice-chairman of

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N2.2trn on debt service, fresh N1.6trn loan, rising oil dependence — 7 troubling facts about 2018 budget

    N2.2trn on debt service, fresh N1.6trn loan, rising oil dependence — 7 troubling facts about 2018 budget

After six months in the 2018 fiscal year, President Muhammadu Buhari finally signed the 2018 budget of consolidation into law,

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Kwesé iflix, Airtel launch mobile video service in Nigeria

    Kwesé iflix, Airtel launch mobile video service in Nigeria

Kwesé iflix, a joint venture between Econet media, and iflix, a subscription video on demand service for emerging markets, has

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Dangote Cement considering new production lines in Edo, Obajana

    Dangote Cement considering new production lines in Edo, Obajana

Joe Makoju, the acting group chief executive of Dangote Cement, says the company is considering the possibility of two new

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