Yusuf Bello| Nigeria’s information minister, Lai Mohammed on Friday said the country will enjoy 11,000 megawatts (MW) of electricity by 2023. Nigeria’s 25 electricity generation companies (GenCos) currently generates less…
Read More Nigerians to enjoy 11,000MW of electricity by 2023- Lai MohammedCategory: Economy
Major Nigeria airports to reopen in ‘few days’
Major airports in the country will in the “next few days” roar into life after weeks of inactivity caused by the COVID-19 pandemic lockdown, the Nigeria Civil Aviation Authority (NCAA),…
Read More Major Nigeria airports to reopen in ‘few days’FG lacks power to seize states’ funds – Ekweremadu
Former Deputy Senate President, Ike Ekweremadu, on Friday, stated that the federal government has no power to seize funds belonging to state governments over the implementation of the recent order…
Read More FG lacks power to seize states’ funds – EkweremaduBuhari urges developed countries to cancel Africa’s debts as they struggle with COVID-19
By our reporter| President Muhammadu Buhari on Thursday asked “developed countries” to cancel debts owed by “poor countries” to enable them recover from the impact of the COVID-19 pandemic. The…
Read More Buhari urges developed countries to cancel Africa’s debts as they struggle with COVID-19CBN cuts MPR to 12.5 percent, retains other rates
By our reporter| The Central Bank of Nigeria has reduced its monetary policy rate to 12.5 percent as part of efforts to combat the economic effects of the coronavirus pandemic.…
Read More CBN cuts MPR to 12.5 percent, retains other rates
