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PTDF to begin 2018/19 scholarship to Nigerian universities

The Petroleum Technology Development Fund (PTDF) said it will in the coming weeks announce the processes for interested Nigerians to apply for its 2018/2019 undergraduate, masters and doctorate scholarship to Nigerian universities. The Fund’s Executive...

Oyo govt marks Yinka Ayefele’s Fresh FM for demolition

The Oyo State Government has marked part of the building housing Fresh FM Ibadan, a private radio station owned by popular Juju musician, Mr. Yinka Ayefele, for demolition. The building, christened “Music House”, was marked...

Immigration arrests Libyan salon operator for human trafficking

The Nigeria Immigration Service, Katsina State Command has arrested a Libyan-based salon operator, Mrs Asia Rita, for alleged human trafficking. The 44-year-old mother of three was paraded by the immigration service on Monday alongside seven...

FG builds 26,002 houses with N197bn

A total of N197bn has been spent on the construction of 26,002 houses across the country. The Federal Government announced this on Tuesday, adding that part of the funds was also used for the renovation...

Fashola Confirms GenCos’ Implementation Of Eligible Customer Policy

Fashola, yesterday disclosed that the eligible customer policy has started yielding fruits as Mainstream Energy Limited, an electricity distribution company (GenCo) has signed on five industrial customers. “Information reaching me shows that five industrial...

Babatunde Succeeds Jibrin As MD SunTrust Bank

Following the approval of the banking sector regulatory agency, the Central Bank of Nigeria, CBN, and the board of directors of SunTrust Bank Nigeria Limited, Mr. Ayo Babatunde has been appointed as the bank’s...

Nigerian LPG Market To Attract N7.2trn Investments

As government pushes for stronger liquefied petroleum gas, LPG utilisation through various incentives, the presidency has disclosed that the nation’s gas market is set to attract about $20 billion (N7.2trillion) in investments. The LPG,...

Electricity generation drops to 2,684MW

The nation’s power generation plunged by 777.9 megawatts on Monday as output from the hydropower plants and some gas-fired stations, including Egbin in Lagos, suffered declines. A total generation capacity of 4,463.3MW was unavailable as...

Fashola: Customer Eligibility Policy of the Federal Government has started yielding result

The Customer Eligibility Policy of the Federal Government has started yielding result, with five industrial customers presently buying electricity directly from Generation Companies. The Minister of Power, Works and Housing, Babatunde Fashola made this known...

FMBN adopts rent-to-own housing scheme for NHF contributors

Pilot phase targets 3,000 homes nationwide In a renewed effort to make homeownership more accessible and affordable for Nigerian workers, Federal Mortgage Bank of Nigeria (FMBN) has kick-started the implementation of a rent-to-own housing scheme. The...
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