Nationwide Power Outage As Striking Workers Shutdown National Grid   Striking workers of the Transmission Company of Nigeria, TCN, Wednesday shutdown the electricity national grid causing blackouts across the country. The strike by the workers under the aegis of the National Union...

Oil Firms Degrade Environment, Spill N711bn Worth Of Crude Oil   Environmental right activists have raised the alarm over the continuous environment degradation as estimation puts total value of oil spilled by operators in the Niger Delta at N711bn. Data obtained from...

Audits: Reps Query Agric Ministry’s N18bn Bush-clearing Contracts   The House of Representatives’ Committee on Public Accounts is investigating the Federal Ministry of Agriculture over the award of contracts worth about N18.9bn to several companies to clear bushes during the COVID-19...

Fed Govt To Launch $750m World Bank-backed Programme   The Presidential Enabling Business Environment Council, on Tuesday, unveiled its plans to kickstart a $750m World Bank-funded programme in January next year. This was as Vice President Yemi Osinbajo, on Tuesday, said the...

Pension Fund Assets Gain N388.98bn In Q2, 2022   Pension fund assets have risen by N388.98 billion, according to the second quarter (Q2) 2022 report released yesterday by the National Pension Commission (PenCom). The pension assets rose quarterly by N388.98 billion from...

Naira Drops To N683 Per Dollar At Parallel Market   Naira has dropped to N683 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. The figure represents a depreciation of N3 or 0.4 per...