NASCON Grows Turnover by 37%, Assures Shareholders of Continuous Growth, Value Creation
NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024. The Company gave the assurance at its 2023 Annual General Meeting held yesterday in Lagos. Speaking to shareholders, the Chairperson of NASCON, Yemisi Ayeni…
Vandalism: TCN Faults Claims By Jos Disco Over Partial Power Restoration of Gombe Transmission Line, Allocation
The Transmission Company of Nigeria (TCN) has described as false claims in media reports on Saturday by the Jos Electricity Distribution Company (Jos DisCo) that it has restored partial power supply to some parts of Gombe and that only 5MW…
Why Petrol Scarcity May Worsen In Coming Days – Independent Marketers Reveal
…Threaten Withdrawal Of Services Over Unpaid Debts Baring special, but urgent, intervention by President Bola Ahmed Tinubu, the current scarcity of premium motor spirit (PMS), also known as petrol, across the country may worsen in coming days if independent petrol…
EFCC Vs Yahaya Bello: Northern Group Urges Tinubu To Call Ex-Kogi Governor To Order
…Wants NJC’s Intervention to Save Judiciary Amid the ensuing drama between the immediate past Governor of Kogi State, Alhaji Yahaya Adoza Bello and the Economic and Financial Crimes Commission (EFCC), a group, the Northern Initiative for the Defence of Democracy…
Naira Rebounds Against the Dollar At Parallel Market
The Naira recovered against the United States (US) dollar at the parallel market as it appreciated to N1280/$, according to market information obtained by Nairametrics from currency traders. This implied that the Naira appreciated by N120, representing a gain of…
Repositioning EFCC: Olukoyede Effects Critical Challenges, Makes New Appointments
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ola Olukoyede has appointed Mr. Michael Nzekwe as his Chief of Staff. He has also appointed Zonal Directors for each of the 14 Zonal Commands of the Commission. Nzekwe,…
Misappropriation, Others: Court Jails Three for N17.6m Fraud
The Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, April 22, 2024, secured the conviction and sentencing of three fraudsters before Justice Umaru Fadawu of the Borno State High Court, Maiduguri. The convicts are Mohammed…
Four Towers Vandalized Along Jos – Gombe 330kV Transmission Line —TCN Reveals
The Transmission Company of Nigeria (TCN) has disclosed that four towers along the Jos – Gombe 330kV transmission line have been vandalised at about 3:32pm on 22nd April, 2024. This was revealed in a statement signed by its General Manager,…
Tinubu Administration Set To Roll Out Presidential CNG Initiative
After the removal of fuel subsidy on May 29, 2023, President Bola Ahmed Tinubu launched the Presidential Compressed Natural Gas (CNG) Initiative in October last year to deliver cheaper, safer and more climate friendly energy. The CNG Initiative was designed…
DG NCAA Seeks Collaboration with Transport & Aviation Correspondents, Tasks Media Practitioners
The acting Director General, Nigerian Civil Aviation Authority (NCAA), Capt. Chris Najomo, at the weekend tasked media practitioners on correct narrative of events that bring about positive impact to the agency, the aviation industry and wealth of the country amongst…
