NERC: Togo, Benin Q2 Electricity Debt To Nigeria Hits N770m
The Nigerian Electricity Regulatory Commission (NERC) says the Republic of Benin, Niger Republic, Togo did not pay N770 million electricity bill owed Nigeria in the second quarter of 2021.
The commission disclosed this in its second-quarter...
BoI, Other Partners Boost NYSC Entrepreneurship Scheme With N3.6bn
Bank of Industry has disclosed that it has, along other partners, supported the National Youth Service Corps (NYSC) with a whooping N3.6 billion as startup loans since the inception of the NYSC Skills Acquisition and Entrepreneurship...
W/Bank Rolls Out N329.53bn Cash Transfer Programme In Nigeria
The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to fund a large-scale Conditional Cash Transfer programme in Nigeria, the Nigeria Governors’ Forum hinted in its 36th teleconference meeting communique...
53 Local Oil Firms Get N124bn NCDMB Loans For Development
At least 53 local oil service firms have accessed the $300 million Nigerian Content Development Fund (NCDF) between 2018 and this year, the Nigerian Content Development Management Board (NCDMB), has said.
The general manager of the...
Reps Order Probe Of Navy’s $195.3m Equipment Contract To Foreign Firm
The House of Representatives has mandated its Committee on Navy to investigate whether the Deep Blue contract agreement is in line with extant laws and regulations, and the standards of all platforms purchased for...
National Assembly Okays N633bn Budget For NCC
The National Assembly has approved a N633.393 billion budget of the Nigerian Communications Commission (NCC) for the 2022 fiscal year.
The budget was approved after the Senate and the House of Representatives adopted the reports of their Committees on...
