Sanwo-Olu procures more rolling stock for Blue, Red rail lines from China
……..to commissioning of Red Line, completion of second phase of Blue Line Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday said his administration has procured additional rolling stocks for the…
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FG commends Dangote Cement’s roles in economic diversification
…Minister lauds Cement Plant’s promotion of best practices The Federal Government has commended the leading roles being played by the Dangote Group to complement government’s efforts to diversify the nation’s…
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Electricity consumers increase to 11.71m in Q3 2023, says NBS
The number of electricity consumers rose by 240,000 from 11.47 million in the second quarter of 2023 to 11.71 million in the third quarter of 2023. The National Bureau of…
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FBN Holdings appoints Otedola as Chairman, Board of Directors
FBN Holdings Plc on Wednesday appointed Mr Olufemi Otedola as its new Chairman, Board of Directors. The Holdings announced this in a notification signed by the Company’s Secretary, Mr Adewale…
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Teledensity drops as calls, internet subscriptions, says NCC
Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecommunications statistical indicators released by the Nigerian Communications…
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NNPCL woos South Korean investors for gas projects
The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria.…
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Access Pensions gets approval to acquire ARM Pension Managers
Access Holdings Plc says it has obtained necessary approval for the acquisition of ARM Pension Managers (PFA), Ltd., by its subsidiary, Access Pensions Ltd. Group Chief Executive, Access Holdings Dr Herbert…
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NCAA suspends airline permit over Ibadan runway incident
…….NSIB begins investigation The Nigeria Civil Authority (NCAA) has suspended the permit of Mattini Airline Services Ltd pending completion of investigations into the runway excursion involving a Challenger CL 601…
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Microsoft: AI ‘ll enhance productivity than take over jobs
…..says AI, next-generation co-pilots, working alongside human beings Microsoft, a multinational technology corporation, on Wednesday debunked the widespread misconception that Artificial Intelligence (AI) would take over jobs. Director, Data and…
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India, Nigeria seek deeper trade cooperation
Some Indian and Nigerian ministers and governors have called for deeper cooperation between the two countries to heighten the trade level between them. The ministers and governors made the call…
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