The Transmission Company of Nigeria (TCN) has called for the immediate release of the N17billion Electricity Facility Fund granted it three years ago by the Federal Government. Dr Abubakar Atiku, TCN Managing Director, made the call during the company’s “Change Management Sensitisation Tour” yesterday in Lagos.

As protests against U.S. President-Elect Donald Trump roil cities across America, people have found a corporate logo to vent their anger and dismay. New Balance, the privately held Boston shoemaker, found itself in consumer cross-fire after declaring that Trump’s imminent ascension to the White House is a move in the “right direction.” The backlash was sparked by a tweet from the Wall Street Journal’s Sara Germano, who quoted a New Balance spokesperson saying President Barack Obama’s administration had “turned a deaf ear” to New Balance.

The Head of EU Delegation, Amb Michel Arrion, says the EU will spend 15 million euro to commence studies on the Lagos-Abidjan link road. Arrion made this known when making a closing remark to mark the end of the 5th EU- Nigeria Business Forum in Lagos on Friday.

In 2009, the United Nations Industrial Development Organisation (UNIDO) announced plans to conduct investor surveys in 22 African countries. A key goal of the survey in the case of Nigeria is to facilitate the creation of a Nigerian industrial master plan. The programme, which will also evaluate the impact of policy on government efforts to promote rapid SME development. UNIDO officials in Nigeria claimed the survey would be of significant assistance to the private sector as well, helping expand operations and set performance benchmarks.

The Nigeria Interbank Settlement Scheme, NIBSS in collaboration with all the money deposit banks in Nigeria and the four major telecommunications operators, Etisalat, MTN, Airtel and Globacom, has launched a new mobile money payment solution.