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The Transmission Company of Nigeria (TCN) has confirmed that Boko Haram insurgents attacked its 330/132V transmission substation at Molai in Maiduguri, Borno State. Its General Manager Public Affairs, Ndidi Mbah, who made the confirmation in Abuja, stated that the violence ...

The House of Representatives has alleged that the sum of $995.71 million was yet to be remitted to the treasury single account (TSA) by deposit money banks (DMBs) in defiance of the Federal Government’s directive. Adopting report of the Danburam ...

Newly appointed Chief Executive Officer (CEO) of StarTimes Nigaria, David Zhang has sought the support of all segments of the Nigerian media for improved services in the country. Zhang, who spoke at his maiden media briefing in Lagos, affirmed that ...

CHAMPION Breweries Plc has assured its shareholders that its plans to cut operation costs will soon return the company to profitability and ultimately payment of dividends. Assuring shareholders at its 43rd Annual General Meeting (AGM) in Lagos, Chairman, Dr. Elijah ...

Ekiti State Landlords’ Association has sued the Benin Electricity Distribution Company (BEDC) for alleged over-billing and illegal disconnection of electricity source in the state. In an originating summons filed at the Federal High Court, Ado-Ekiti, the landlords, under the auspices ...

Pioneer chancellor of Kwara State University (KWASU), Malete, Professor Ibrahim Agboola Gambari, has urged Governor Abdulfatah Ahmed to follow “due process” in the appointment of a new vice chancellor for the institution. Currently Chairman, Governing Council of Bayero University Kano ...

China has expressed commitment to a sustainable mutually beneficial relationship with Nigeria, through the promotion of higher trade relationship. To this end, this year’s China Homelife Exhibition, the largest sourcing platform from China, is geared towards supporting e-commerce and promoting ...

Chairman of Federal Inland Revenue Service (FIRS), Tunde Fowler, has dismissed reports that money paid as taxes disappeared from the agency’s coffers. According to him, taxes are not paid into FIRS coffers, but directly into the Federation Account, electronically through ...

The House of Representatives has resolved to set up an ad-hoc committee to investigate alleged fraudulent activities in the Presidential Amnesty Programme (PAP). This followed a motion by Tajudeen Obasa (PDP-Lagos) during plenary. Moving the motion, Obasa expressed concern over ...

The Central Bank of Nigeria through the Bankers` Committee has concluded plans to take the ‘Funding Nigeria SMEs’ initiative to three states to enable small and medium enterprises access loans, funds and grants to grow their businesses. This, the committee ...