Business
CBN governor, Emefiele, vows to resist maize importation
***urges youths to embrace agric CBN Governor, Mr Godwin Emefiele By Emma Ujah – Abuja The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has vowed to resist maize importation.
Just in: CBN extends Naira 4 Dollar Scheme
Godwin Emefiele, CBN Governor. By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, said it has extended its Naira 4 Dollar Scheme until further notice. The apex bank disclosed this
PayPal earnings soar on e-commerce boom
PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic. The post PayPal earnings soar on e-commerce boom
There Should Be a Total Unbundling of the Transmission Company of Nigeria, Says Former Exec Iroche
A former Executive Director of the Transmission Company of Nigeria (TCN) has called for the gradual unbundling of the company to address the problems and challenges facing the power sector
Manitoba Management Contract Pulled Nigeria’s Power Sector Back Four Years – Sonny Iroche
Sonny Iroche, chairman Strategic Alliance Promotion Company and former executive director of the Transmission Company of Nigeria (TCN) says the Manitoba management contract aimed at resolving electricity challenges in the
Nigeria Approves $16m for Six Power Projects
Nigeria’s Federal Executive Council (FEC) on Wednesday approved $8.29 million and N3 billion for the execution of various electricity projects. It also said it was ready to commence the
Elumelu Calls for Urgent Power Sector Reforms to Boost Nigeria’s Economy
United Bank for Africa (UBA) Plc Group Chairman and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has called for urgent reforms in the power sector to boost economic activities.
Private sector records 2.9 % growth in April PMI
By Peter Egwuatu Nigerian private sector expanded by 2.9 percent in April, 2021 underpinned by further growth in output and new orders, according to Purchasing Manufacturing Index, PMI released by
Peloton Reverses Course, Decides to Recall Treadmills after Injuries, Death
Peloton announced a recall of its treadmills on Wednesday, reversing course just weeks after saying there was “no reason” to stop using the exercise machines despite reports of multiple injuries
Ardova Plc records 108.1% growth in PBT to N1.2bn in Q1
By Nkiruka Nnorom Ardova Plc (AP) has reported a 108.1 percent growth in Profit Before Tax (PBT) to N1.2 billion for the first quarter (Q1) ended March 31, 2021, from
