economy

NERC to procure N28bn worth of meters for Band A customers

…,. at no cost The Nigerian Electricity Regulation Commission (NERC)   says it has approved  N28 billion for the procurement of meters for all outstanding unmetered Band A customers at no…

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Hope for Gencos as FG rolls out N4trn bond to settle arrears 

The Federal Government has finalised  implementation frameworks for a ₦4 trillion government-backed bonds to settle verified arrears owed to power Generation Companies (GenCos) and gas suppliers. The Special Adviser to…

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Threats for revoking mining licences won’t stop me—Minister

The Minister of Solid Minerals Development, Dr Dele Alake, says he has received threats over the recent revocation of 1,263 mineral licences for non-payment of annual fees. Alake stated this…

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NGO lauds NAPTIP’s rescue operation of 24 trafficked victims

The Network Against Child Trafficking, Abuse and Labour (NACTAL) Nigeria, a Non-Governmental Organisation, has lauded the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) for rescuing 24 trafficked…

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NRC offers 618 passengers free ride as AKTS resumes Wed

The Nigerian Railway Corporation (NRC) has announced that 618 people on board during the August 26 accident will be entitled to one free ride before December 31 even as Abuja–Kaduna…

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African Group backs Nigeria’s bid for IMO Council seat 

The African Group at the United Nations has pledged unwavering support for Nigeria’s candidature for election into Category “C” of the International Maritime Organisation (IMO) Council for the 2026–2027 biennium.…

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Again, national grid collapses leading to power outage, says AEDC

The Abuja Electricity Distribution Company (AEDC), on Wednesday said that the national grid collapsed at about 11.23 a.m. The company made this known on its verified twitter handle in Abuja.…

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NRC deploys alternative engine to rescue stranded PH-Aba train

The Nigerian Railway Corporation (NRC) says an alternative engine, Loco 2306, was deployed to rescue the stranded Port Harcourt-Aba train. The District Public Relations Officer, Eastern District, Dr Onyedikachi Onovo,…

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NUPENG protests Dangote’s anti-union agenda

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has protested what it described as Aliko Dangote’s anti-union agenda in Nigeria’s oil and gas sector. This was stated in…

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NRC appoints, redeploys district managers, creates new offices

The management of the Nigerian Railway Corporation (NRC) has approved the appointment, redeployment and retention of some of its district managers and senior officers. The Managing Director of NRC, Dr…

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