Wednesday, November 13, 2024
N12.75bn worth of petroleum products lost in eight months- NNPC

Nigeria's refineries loses N114.3bn in 11 months

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A cumulative loss of N114.3bn in the first 11 months of 2018 were incurred by the Nigeria’s refineries, latest industry data have revealed. The figures...

Uber upgrades insurance for driver-partners in Nigeria

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Uber says it has extended its Partner Injury Protection cover for driver-partners to include a daily payment benefit. According to a statement released recently by...

PAN Learning Centre Graduate 78 UNDP TSAP Trainees

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The PAN Learning Centre (PLC), graduated 78 trainees of United Nations Development Program (UNDP) Technical Skill Acquisition Program (TSAP) Batch B, in an elaborated...
Discos revenue collection hit N127bn in first three months

Investor's confidence weakened over alleged N2bn fraud- Power regulator

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The allegation of fraudulent payments to two power plants levelled against the Nigerian Bulk Electricity Trading Plc has weakened investor confidence in the power...

Germany's car industry to invest $68bn in electric cars and automation

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Germany's car industry plans to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the...

Gokada celebrates one year anniversary, unveils new HQ

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Gokada, the Lagos-based on-demand motorcycle taxi app, has celebrated its first year in business with the launch of its brand new office in Ilupeju....

Renault's new chairman considers changes to board in post-Ghosn's era

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Renault's new Chairman Jean-Dominique Senard is considering replacing at least two board members, according to people familiar with the matter, as he puts his...

ELECTIONS: Nigeria stocks market records more loss as N365bn is lost in three days

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Investors in the nation’s stock market lost a total of N365bn in the last three days of trading in February. The equities market opened the...
10 power plants idle due to gas shortage

Power generation loses 1,108MW plunges to 3,456MW

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Electricity generation in the country plunged to 3,456 megawatts on Tuesday, losing 1,108MW in seven days, according to latest data. Total power generation dropped from...

Nigerians spends $8bn annually on importation of vehicles- VP Yemi Osinbajo

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The Vice President Yemi Osinbajo said in Abuja that Nigerians spent about $8 billion ( ₦2.9 Trillion), annually, on importation of vehicles. Mr Osinbajo, who...