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…
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…
Nigeria’s leading development finance institution, the Bank of Industry (BoI), is on the threshold of becoming a real game changer and growth catalyst for micro, small and medium enterprises, MSME, across the country. On August 8 in…
The Federal Capital Territory Administration (FCTA) has launched a queue management technology in Abuja Geographic Information Systems (AGIS) to enhance business transactions in the department of land administration. Launching the technology in Abuja, the director of AGIS,…
Minister of Agriculture and Rural Development, Audu Ogbeh, has revealed that the federal government has established cottage fish farms in Abuja, Ekiti, Borno, Imo, Katsina, Nasarawa as well as Rivers states to promote the production of quality…
The Ministry of Mines and Steel Development has signed a Memorandum of Understanding (MoU) with the Bank of Industry (BoI) for the management of a N5 billion fund in support of Artisanal and Small Scale Miners in…
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…
Cross River Government says it is constructing a N7 billion cocoa processing plant in Ikom, Ikom Local Government Area of the state to boost cocoa production. The Governor of the state, Prof. Ben Ayade, said this in…
Federal Government at the weekend, said that it has put in place every infrastructure to promote the exportation of solid minerals and agriculture produce through the seaports. Managing Director of Nigerian Ports Authority (NPA), Ms Hadiza Bala…
The Minister of Science and Technology, Dr. Ogbannaya Onu, on Monday in Lagos inaugurated a N500m Tier 3 Data Centre to support the activities of the Nigeria Stock Exchange. He said that the centre had the potential…