Blackout looms nationwide as PHCN plans to shut 5 power plants
The Power Holding Company of Nigeria,PHCN, has announced plans to shut down five power plants across the country, a plan that will drastically reduce the present state of power generation.
Share value on NSE appreciates by N54bn
A bullish trend was recorded in trading in the Nigerian Stock Exchange, NSE, last week, as the value of listed equities represented by the market capitalisation appreciated by N54.37 billion
Failed roads: Enugu lawmakers order contractors back to site
Enugu State House of Assembly has asked road contractors in the state, whose completed projects collapsed few months after execution, to return to site and effect repairs on the affected roads within one month or risk being blacklisted.
The wrong way to defend the naira
The Central Bank of Nigeria has been unusually silent on the widening gap between the official exchange and the Bureau de Change (BDC) rates of the naira to the dollar.
REVEALED: Mikel’s reason for reporting late to Eagles
Samson Siasia was in a dilemma before the failure against Guinea Saturday. He did not want to field Mikel Obi because of the attitude of the Chelsea player. Obi was late to camp and his reason for not beating the deadline to report to camp appeared more offending.
Consider diplomatic implications of DSC crisis, economists tell FG
Institute of Chartered Economists of Nigeria, ICEN, has urged the Federal Government to intervene in the on-going crisis at the Delta Steel Company, DSC, where some Indians are on hunger strike over non-payment of their salaries and other entitlements in the last three months.
