Author: Broad Admin

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The Nigerian Electricity Regulatory Commission (NERC) has given Port Harcourt Electricity Distribution Company (PHEDC); Jos Electricity Distribution Company (JEDC); Kano Electricity Distribution Company (KEDC); Kaduna Electricity Distribution Company (KEDC); Jos Electricity Distribution Company (JEDC); Ikeja Electricity Distribution Company (IKEDC) and Ibadan Electricity Distribution Company (IBEDC) approval to increase their tariff rates. The new approval took […]

The President, Major General Muhammadu Buhari (retd.), has arrived in Ebonyi State for a two-day official visit to the state. The president who was accompanied by Governor David Umahi of Ebonyi among other top government officials arrived at the state at about 11. 15 am. NAN observed that streets in the capital city wore new looks […]

University students took to the streets for the second straight day on Thursday in protest against the strike embarked by the Academic Staff Union of Universities. Tagging themselves ‘The University of Streets’, the protesters walked along the Ugbowo-Lagos expressway in Benin-City. The walk was expected to terminate at the Ring-Road area of the city. Other […]

Cryptocurrency exchange Binance has committed $500 million to finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR). According to an updated Schedule 13D filing with the U.S. Securities and Exchange Commission (SEC) filed on Wednesday, the world’s largest crypto exchange was among the equity investors for the deal. A Schedule 13D is a […]

The Federal Government through the Infrastructure Concession Regulatory Commission, the Nigerian Communications Commission (NCC) and the Ministry of Communications has announced the issuance of a Request for Qualification for a single-window Device Management System (DMS) for mobile communication devices. This was disclosed in a statement by the ICRC on Wednesday, adding that the deadline for registration ends […]

The ruling All Progressives Congress (APC) has extended the sale of its nomination and expression of interest forms to aspirants from May 6 to May 10. This was made known by Felix Morka, the APC National Publicity Secretary in Abuja on Wednesday. Recall the APC commenced the sale of forms for Expression of Interest and […]

The Federal Government has disclosed that the second Niger bridge will be commissioned in October and that the Lagos-Ibadan highway will also be commissioned in June 2022. This was disclosed by Nigeria’s Minister of State for Works and Housing, Mr Mu’azu Sambo assurance in an interview with the News Agency of Nigeria (NAN) in New […]

The European Commission has proposed a total ban on Russian oil imports to the European Union. This was proposed by European Commission President Ursula von der Leyen in a speech to the European parliament. The new sanctions would include three major Russian banks being disconnected from the SWIFT international banking payment system. Von der Leyen […]

The Nigerian Communications Commission (NCC) has confirmed the issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications. The two companies were winners of the 3.5 gigahertz (GHz) spectrum auction conducted by the Commission on Monday, December 13, 2021. A statement from the NCC disclosed that […]

The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 98 basis point. The NGX ASI closed at 50,126.41 points, to reflect a growth of 0.98% from the previous trading day and a Year-to-Date (YTD) return of 17.35%. Meanwhile, the market capitalization grew by N262.80 billion. […]


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