DisCos’ Payment To GenCos Drops By 50%   Electricity distribution companies (DisCos) payment to generation companies (GenCos) for electricity generation has dropped by 50 per cent. The statistics showed that DisCos were unable to pay GenCos full payment for the quantity of...

MTN Alleges N22bn Fraud On Mobile Money Banking In One Month   MTN Communications Limited’s newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) has alleged a fraudulent loss of N22 billion in one month of operations. In a suit instituted...

World Bank Says Fuel shortage, Inflation’ll Weaken Nigeria’s Economic Growth   The World Bank has said that fuel shortage and rising inflation will likely restrain economic growth in Nigeria. It said this in the June 2022 edition of its Global Economic Prospects...

NDLEA Arrests Brazilian Returnee with Cocaine in Private Part, Seizes London-bound Meth Consignments A Brazilian returnee, Igwedum Uche Benson, has been arrested by operatives of the National Drug Law Enforcement Agency, NDLEA, at the arrival hall of the Murtala Muhammed...

TETFund: Revamping Agriculture Through Quality Education and Strategic Collaboration, by Rahma Oladosu   Before the discovery of crude oil and gas in commercial quantity, agriculture was the mainstay of the Nigerian economy. The sector was a resilient sustainer of the economy...

INVESTIGATION: Danger Looms as 230 Kidney Patients Weekly Battle for 12 Dialysis Machines in Kano   Danger is looming in Kano State over inadequate dialysis machines to handle the treatment of patients with kidney failure, PRNigeria reports. A recent PRNigeria investigation while...