Tag

economy +august

TCN Launches Three New Transformers to Boost Capacity

The Transmission Company of Nigeria (TCN) has stepped up effort to boost electricity supply in the country with the commissioning of three new transformers in Lagos, Niger and Ekiti States. The projects initiated under its Transmission Rehabilitation and Expansion Programme...
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UBA Grows Gross Earnings by 16%

United Bank for Africa Plc has said its gross earnings rose by 16 percent in the second quarter of 2018 financial period. According to a statement from the bank on Wednesday, its second-quarter performance showed strong growth across key performance...
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Mambilla Power Project Gets $5.79bn for Takeoff

The Federal Government yesterday approved the contract of the Mambilla hydro power plant at a cost of $5.792 billion. The project consists of engineering and electro-mechanical works and on completion will produce 3,050 megawatts of electricity, nearly half of the...
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