By Biola Lawal Abuja: (Flowerbudnews) The old Naira Notes will now remain in use as legal tender in the country indefinitely, A Central Bank of Nigeria (CBN) statement by Isa AbdulMumin, the apex bank’s spokesman said that the indefinite extension was in line with international best practices and to forestallContinue Reading
By Flowerbudnews Enugu: The Management of Enugu Electricity Distribution Company (EEDC) says the company is not responsible for the prolonged electricity power outage in Imo. It would b recalled that Imo had been without electricity for about two weeks following the humiliation and merciless beaten of the President ofContinue Reading
The Transmission Company of Nigeria (TCN) on Tuesday denied reports of nationwide blackout occasioned by the commencement of the strike actions by the National Labour Congress (NLC) and Trade Union Congress(TUC). It said the national grid is intact and currently supplying bulk electricity to distribution companies. The TCNContinue Reading
By Yusuf Yunus Lagos: Mr Chiedu Ugbo, Managing Director, Niger Delta Power Holding Company (NDPHC), says the debts profile of Nigeria’s power system stands between N150 billion and N180 billion. Ugbo said this during a roundtable with newsmen on Monday in Lagos. He identified Nigeria Bulk Electricity TradingContinue Reading
(Flowerbudnews): The Nigeria-Angola Oil and Gas Summit scheduled for this November will promote trade, investment opportunity and create jobs for the teeming youths of both countries, the Editor-In-Chief of the African Peace Magazine UK, Mr Noah Ajare, says. The event, tagged the 2nd Edition of the International AfricanContinue Reading
Culled from NewsNav JAKARTA – The Indonesian Ulama Council in its latest fatwa has urged Muslims in the country to avoid transactions and the use of products affiliated with Israel as much as possible. Fatwa division chairman, Asrorun Niam Sholeh, said in a statement that supporting Israeli aggression againstContinue Reading
By Blessing Udeh Abuja: The Managing Director of News Agency of Nigeria (NAN), Malam Ali Muhammad Ali, says the agency is set to establish a Product Development Unit (PDU) for effective service delivery in the country. Ali said this when the Senior Staff Association of Statutory Corporations and GovernmentContinue Reading
By Collins Yakubu-Hammer Abuja: The Government of Saudi Arabia has pledged to invest in the revamp of Nigeria’s refineries, as well as provide financial support to sustain President Bola Tinubu’s government on its foreign exchange reforms. Saudi Crown Prince, Mohammed bin Salman made the pledge at a bilateralContinue Reading
By Nana Musa The Federal Government says it will close the financial gap, build stronger climate commitments and tap into the potential of renewable energy, partnerships and collaboration. The Managing Director. Bank of Industry (BOI), Dr Olasupo Olusi, made this known on Thursday in Abuja. Olusi spoke during the AfricanContinue Reading
