DISCOs deny households 6,390MW in 3 days
Nigerian households lost a total of 6,390 Megawatts, MW, of electricity in three days from the 11 Electricity Distribution Companies, DISCOs due to high frequency, resulting from unavailability of infrastructures.
Oil sector depresses Nigeria’s Q2’18 GDP
The National Bureau of Statistics (NBS) has disclosed that the decline in Nigeria’s oil production has slowed the country’s Gross Domestic Product (GDP) to 1.5 percent in the second quarter of 2018 (Q2’18).
NIRSAL moves to crash food prices with SACR
The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending, NIRSAL, has taken steps to crash food prices in the country.
Firm introduces post-tensioning technology for reinforcing concrete in construction
Growing sophistication and advancement in construction and engineering have given rise to innovations and new techniques in the construction industry, as post-tensioning, which is a technique for reinforcing concrete, reducing the occurrence of shrinkage and cracking by strengthening concrete with high-strength steel strands or bars called tendons, has been innovated to reinforce concrete in construction.
Missing tanker docks in Togo after suspected hijacking
A tanker with 19 crew members on board has docked at a port in Togo after going missing for over a week in a suspected hijacking off the West African coast, the crew’s agency said on Friday.
Total sells equity in Hazira terminal, signs LNG agreement with Shell
Total has signed a binding Letter of Intent (LOI) with Shell for the sale of its 26 per cent minority equity stake in Hazira LNG regasification terminal in India. The transaction remains subject to the approval of regulatory authorities.
