DPR Revokes 32 Refinery Licences, Says Dangote Plant 80% Complete Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources. The DPR said on Monday that the number of...

Electricity generation drops to 3,922MW …… as 11 plants idle Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as several others suffered declines in the output. Total power generation fell to 3,922.2MW as of 6am on...

CAC to Reduce Company Registration to three-hour cycle The Corporate Affairs Commission on Sunday stated that following the successful deployment of an end-to-end registration module, it was now prioritising the reduction of the registration circle for new companies to just three hours before the end...

Budget execution App Underway- Clem Agba The Minister of State, Budget and National Planning, Clem Agba, has said the ministry will soon launch a web application called ‘Eye-Mark’ to track projects executed with budget funds. Also, he said it is not true that the health and...

Controversy Trails N10b COVID-19 bailout to auto industry The N10billion COVID-19 bailout as intervention fund to operators in the auto industry, expected to rescue ailing companies and firms to reposition the sector, seems to be shrouded in controversy. It was gathered that the huge fund is...

TAJBank Deploys NQR Solution To Ease Customers' Transactions TAJBank, Nigeria’s most innovative non-interest bank, has announced the deployment of the NQR Payment solution, an indigenous Quick Response Code by NIBSS, for merchants and customers as the newest addition to its innovative e-business channels. The NQR Payment...