Archives for April, 2021 - Page 7
Outage Pesists as FG Shuts Nine Power Plants
Federal Government on Thursday said nine power plants were currently shut down, as this was why power outages had persisted recently across the country. Minister of Power, Sale Mamman, said…
Headline inflation records 18.17%
By Ngozi Onyeakusi---- The National Bureau of Statistics (NBS) says in its consumer price index, (CPI) report for March 2021 that Nigeria’s inflation rate for the month rose to from…
Ericsson launches Automation Hub in Nigeria, supports operators for improved consumer experience
Ericsson (NASDAQ: ERIC) has announced plans to create an Automation Hub in Nigeria to support operators for improved consumer experience. Ericsson Automation Hub is an open innovation platform, inspired by…
COVID-19: SEC to establish N100bn health fund to support fight
By Ngozi Onyeakusi--- The Securities and Exchange Commission (SEC) will establish a N100 billion Strategic Health Impact Fund for Transformation (SHIFT) to support the fight against COVID-19 in the country.…
Buhari arrives Nigeria after 2 weeks’ medical vacation in UK
President Muhammadu Buhari on Thursday returned Nigeria after spending two weeks in London for ‘medical checkup’ and ‘rest.’ Buhari arrived at the Nnamdi Azikiwe International Airport about pm. Among those…
FG lifts ban on registration of new SIM cards
- Pantami The federal government on Thursday lifted the ban on registration of new Subscriber Identification Module (SIM) cards. The effective date for implementation, the government said, is Monday, April…
MADONNA UNIVERSITY ALUMNI ASSOCIATION MOURNS MEMBER, CALLS FOR INVESTIGATION INTO CAUSE OF DEATH
Madonna University Alumni Association (MUAA) has communicated its shock and remorse at the demise of Mrs. Adaeze Destiny Ikpeama, a member of the association who passed away on 10th April…
AIICO Distances Self From Claims of Non-Remittance of Pension Assets to PTAD
Babatunde Fajemirokun, MD/CEO, AIICO The attention of the Management of AIICO Insurance Plc. has been drawn to a recent report in the media on allegations of non-remittance of pension assets…
LCCI raises concerns over rising inflation, debt sustainability
President, LCCI, Mrs. Toki Mabogunje As the country awaits a higher inflation rate for March due for release today,, the Lagos Chamber of Commerce and Industry (LCCI) has expressed concerns…
Oil jumps to $66 on signs of rising crude demand
The international oil benchmark, Brent crude, surged by five per cent on Wednesday, after a report from the International Energy Agency, followed by US inventory data, boosted optimism about returning…