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8-DisCos Risks Their Licenses Over N30.1bn Debt: NERC

The Nigerian Electricity Regulatory Commission (NERC) has informed eight power Distribution Companies (DisCos) on its plan to cancel their licenses in 60 days due to accumulated debt of N30.1 billion naira energy invoice of July 2019 to date.

2020 Budget: NASS gets 10.73 trillion Appropriations

President Muhammadu Buhari today presented the 2020 Appropriation budget to the joint session of the National Assembly (NASS).  The Federal government is proposing an estimated N10.729 trillion as total expenditure in the 2020 budget.

Hope Rekindles For Nigeria: As NADDC Set For Producing Affordable New Vehicles In Nigeria

The Director-General of Nigerian Automotive Design and Development Council, NADDC, Mr. Jelani Aliyu says his agency is currently working with reliable Original Equipment and Manufacturers, (OEMs) in the country to commence production of affordable and durable made-in-Nigeria vehicles soon.

BUA Group To Crash Prices Of Essential Commodities

In a move to ameliorate the effect of Nigeria border closure, on the purchasing powers of Nigerians, the management of BUA Group has promised to crash prices of major food items it produces.

Dunamis Speaks On Operating Ponzi Scheme, Cautions Members Against Fraudsters

The Dunamis International Gospel Centre, on Tuesday, distanced itself from an online Ponzi scheme called “Dunamis Investment Platform.”
According to Dailypost, the church, under the leadership of Dr. Pastor Paul and Dr. Mrs. Becky Paul-Enenche, declared that the ministry does not operate a Ponzi scheme, stressing that such was a “scam.”

2020 Budget: Buhari Presides Over Extraordinary FEC Meeting

As the executive prepares to present the 2020 fiscal budget, President Muhammadu Buhari is currently presiding over an extraordinary Federal Executive Council (FEC) meeting in the nation’s capital, Abuja.

Buhari Renominates AfDB President For 2nd Tenure

As the first tenure for the President of the African Development Bank (AfDB) elapses, President Muhammadu Buhari has again re-nominated Dr. Akinwunmi for a second term. Dr. Adesina, while speaking at an event in Lagos on 6th October 2019 commended President Buhari for nominating him for re-election for a second term as President of the Bank.

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