Ikeja Electric Deploys Technology To Reduce Downtime
Business & Economy

Ikeja Electric Deploys Technology To Reduce Downtime

….Installs Automatic Circuit Recloser Mechanism In Akute Network Axis In line with its commitment to continually deliver excellent service experience to customers, Nigeria’s leading Electricity Distribution Company, Ikeja Electric Plc, has deployed Automatic Circuit Recloser Mechanisms around its Akute network axis, in a bid to improve the turn-around time for resolving faults on the network. … Continue reading

D’Banj, Wife To Explain Son’s Death – Police
Business & Economy

D’Banj, Wife To Explain Son’s Death – Police

The Nigeria Police on Monday directed the Afrobeats star, Oladapo Olabanji, “D’banj’’, to make a formal report on the circumstances that led to the death of his son. Mr Edgal Imohimi, the Lagos State Commissioner of Police, said that the family should report the incident to the police after the period of mourning. D’banj lost … Continue reading

Sterling Bank Launches World’s First Treasury Bills App In Lagos
Business & Economy

Sterling Bank Launches World’s First Treasury Bills App In Lagos

Lagos scored another first on the global innovation scene last weekend with the launch of I-invest, a mobile Treasury Bills (T-Bills) investment app. I-invest is a software application developed by Parthian Partners, a pan African inter-brokerage services firm in partnership with Nigeria’s leading commercial bank, Sterling Bank Plc. The first-of-its-kind investment app levels the playing … Continue reading

National Assembly Raises 2018 Budget By N508bn ..…may pass N9.12tn budget today
Business & Economy

National Assembly Raises 2018 Budget By N508bn ..…may pass N9.12tn budget today

The National Assembly has raised the 2018 budget by over N508bn, bringing it to N9.12tn. The original estimates presented to the legislature on November 7, 2017 by President Muhammadu Buhari totalled N8.612tn. The new budget size was contained in the report of the joint Senate and House of Representatives Committee on Appropriation laid before lawmakers … Continue reading

FG Has Capacity To Implement N9.1tn Budget – Experts
Business & Economy

FG Has Capacity To Implement N9.1tn Budget – Experts

Finance and economic experts have said that the N9.1tn budget size was implementable. In separate telephone interviews, those who spoke were the Registrar, Institute of Finance and Control of Nigeria, Mr. Godwin Eohoi; a former Director-General, Abuja Chamber of Commerce and Industry, Mr. Chijioke Ekechukwu; and a developmental economist Odilim Enwagbara. Eohoi said in view … Continue reading

FG To Settle Inherited Debts To Contractors, Ex-Nigerian Airways’ Workers
Business & Economy / Transport

FG To Settle Inherited Debts To Contractors, Ex-Nigerian Airways’ Workers

The Minister of Finance, Mrs. Kemi Adeosun, said on Tuesday that the Federal Government would settle the inherited debts and contractual obligations to local contractors between 2006 and 2015. The Minister made this known while appearing before the Ad-Hoc Committee of the Senate on “Promissory Note Programme and Bond Issuance”. The Committee is chaired by … Continue reading