archiveSeptember 21, 2021

The Nigerian Exchange (NGX) Limited is set to host the inaugural edition of its TechNovation Conference on Sept. 30. This is contained in a statement issued by the NGX on Tuesday in Lagos. According to the statement, the TechNovation Conference is a flagship event that provides a platform for local...

  Lagos State Governor, Mr Babajide Sanwo-Olu, has mourned the passage of a former member of the Lagos State House of Assembly, Mrs Risikat Adegeye. Adegeye was one of the wives of renowned musician, King Sunny Ade. Adegeye, who was also a two-term member of the Lagos State House of...

Senate President Ahmad Lawan has given the senate committee on foreign and local debts, one week to assess President Muhammadu Buhari’s $4 billion loan request. He gave the committee the ultimatum on Tuesday, after referring the president’s request to the committee for legislative action. The president’s loan request was contained...

The National Bureau of Statistics (NBS) has said that 20 per cent of the full-time workforce in Nigeria lost their jobs due to the COVID-19 pandemic in 2020. The NBS disclosed this in a study jointly conducted with the United Nations Development Programme (UNDP) and released on Tuesday. The report,...

The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has approved a $1 million grant for the modernisation of Africa’s hydropower fleet. The modernisation of hydropower stations is an opportunity to increase generation capacity at a low cost, with relatively short lead times and minimal environmental impact. The grant...

The Senate has received a request from President Muhammadu Buhari, to amend the Petroleum Industry Act 2021 passed by the National Assembly over two months ago. The request was contained in a letter dated September 16, 2021, and read during plenary on Tuesday by the Senate President, Ahmad Lawan. President...