|Thursday, April 9, 2020 |
Discos offer customers two-month free electricity
Power distribution companies on Wednesday announced that they were in support of the proposal by the National Assembly and the Federal Executive arm of government that Nigerians should get two months of free electricity…..read more.
FG slashes budget, sends to National Assembly for review
The Federal Government has revised downward the revenue projection for the 2020 budget by N3.3tn from the initial approved amount of N8.41tn to N5.08tn…..read more.
Fire guts Accountant General unit’s office, FG orders probe
The Capital Unit of the Treasury House where the Office of the Accountant-General of the Federation is located was on Wednesday gutted by fire…..read more.
FG’ll divert N457bn petrol subsidy to other sectors –NNPC
The Federal Government will divert N457bn provided for petrol subsidy in the budget to other sectors of the economy, the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said……read more.
Manufacturers, others spend N119b on self-generated electricity
Members of the Organized Private Sector in Nigeria (OPSN) have kicked against the suspension of the proposed hike in electricity tariff stating that any increase in tariff will reinforce the already high cost of doing business for the Private Sector and further depress productivity in the manufacturing sector…..read more.
SON issues 29 free international standards on essential products
The Standards Organisation of Nigeria (SON) is supporting the manufacturing and importation of essential materials to combat the challenges of COVID-19 through the deployment of 28 relevant international Standards from the International Organisation for Standardisation (ISO) and one from the African Organisation for Standardisation (ARSO) on alcohol-based hand sanitizers…..read more.
Renewed interest in bellwethers pushes indices further by N77 billion
Renewed buying interest in some highly capitalised stocks on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, lifted the market capitalization further by N77 billion…..read more.
SEC Moves against Flow of Illicit Funds into Capital Market
As part of efforts to identify investors properly, guard against flow of illicit funds into the capital market and address challenges associated with identity management generally, the Securities and Exchange Commission (SEC) has developed a standardised Investor’s Data and Consent Form to be adopted by all capital market operators(CMOs)…..read more.
WhatsApp Reduces Forward Message Limit
WhatsApp has announced that it would henceforth reduce the number of WhatsApp chat messages from five to one, in order to control misinformation and to serve its customers better during this period of Coronavirus pandemic….read more.
TECNO Launches SONY Chip Enhanced Camon 15 Series
TECNO has released its new camera phone, CAMON 15 series, through an online launch event which became a milestone in the smartphone industry as the first online product launch in Africa…..read more.