Poor Power Supply: Fashola Apologises, Urges Patience

Lagos State Governor, Babatunde Fashola yesterday acknowledged the epileptic power supply that Nigerians have had to face, and therefore appealed to the public to exercise patience in their bid to enjoy

TCN To Demolish Buildings Close To High Power Installations

The Board of the Transmission Company of Nigeria (TCN) has warned that it would demolish structures built within close range to high-powered electricity installations across the country.

It has also warned those erecting residential structures close to its electricity installations, both

Fuel Crisis to End Soon as More Petrol-Laden Vessels Arrive Nigerian Waters

 Tanker Vessels

… NNPC, major markers import 96m litres of petrol

Strong indications have emerged that the lingering scarcity of petrol in Lagos and its environs would fizzle out from this weekend as the Nigerian National Petroleum Corporation (NNPC) and major marketers have

Handle Fuel Crisis Situation With ‘Human Face’ – Anambra Commissioner Begs Marketers

Commissioner for Special Duties in Anambra, Mr Vinccent Ezenwajiaku, on Wednesday appealed to petroleum marketers to stop impoverishing the people by increasing the pump price of petrol.
Addressing newsmen in Awka, Ezenwajiaku said petrol was still a regulated essential product which did not

Ikeja electricity coy to partner Lagos on energy conservation

The management of Ikeja Electricity Distribution Company on Tuesday said it would collaborate with the Lagos State Government on energy conservation to reduce unnecessary waste by

Okonjo-Iweala Cries Out: I want the whole Truth On Alleged Missing $20bn

The Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has demanded to know the whole truth about the purportedly missing $20 billion, which the suspended Central Bank of Nigeria Governor, Malam Sanusi Lamido Sanusi, has insisted is missing from the

Lagos’ smoking ban seen as balanced

A law banning tobacco smoking within enclosed public places in the Nigerian state of Lagos has been commended by British American Tobacco Nigeria.

The law, which was passed by the Lagos State House Assembly in January and signed by the state

Nigeria's naira falls 1 pct to 166.35 in volatile trading

Nigeria's naira fell 1 percent to 166.35 against the U.S. dollar in volatile trading, a day after the President suspended its outspoken Central Bank Governor Lamido Sanusi, dealers said on

Why Kerosene Is Not Sold At Official Price – NNPC

The Group Managing Director of  Nigeria National Petroleum Corporation, NNPC, Mr Andrew Yakubu, yesterday in Abuja said that kerosene was not sold at the official price of N50 per litre because of

Power Sector Local Content Regulation To Become Law By April — NERC

The Nigerian Electricity Regulatory Commission, NERC, has said that the power sector local content regulation will become law in the first quarter of this year.
Speaking at a session which held at Chatham House, London, chaired by Peter Callaghan of Commonwealth Business Council, Chairman of NERC, Dr. Sam Amadi, who was lead speaker at the event organised by Chatham House, UK, pointed out that the power sector local content law in this early stage of the

Okonjo-Iweala to Reps: ‘FG mobilizes N239.4bn to upgrade transmission in 2014’

The Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala, has said the federal government mobilized about N239.445 billion ($1.5 billion) from multilateral sources to upgrade the transmission network this year and beyond.

Okonjo-Iweala disclosed this in her 102-page documented response to the 50 questions posed by the House of Representatives Committee on Finance. The document, according to the ministry, provides in extensive detail, including tables and graphs, answers to the committee’s questions.
A statement issued by the Special Adviser to the Minister, Paul Nwabuikwu, highlighted government’s major achievements in power as at 2013 and the completion of a comprehensive power sector privatization.

I Inherited A Broken Down Aviation Sector – Oduah

The Minister of Aviation, Ms Stella Oduah, said on Tuesday that the aviation sector was in a state of decay when she assumed office in July 2011.
Oduah said this in Abuja when she appeared before the Senate Committee on Aviation to explain the circumstances surrounding the Associated Airlines crash on Oct. 3.
The News Agency of Nigeria (NAN) reports that the

Lagos Demolishes Shops In Abattoir

                                                 THE DEMOLISHED SHOP
Officials of the Lagos State task force flanked by policemen attached to the Rapid Response Squad, yesterday, demolished shops and stalls at the Abattoir Market in Agege area of the state.
Many of the traders were seen gathering the few goods they could salvage as some just cried as they watch the demolition as they were too helpless to move.
A trader in the market, who gave her name as Mrs. Timilehin, while speaking to

Dangote Distributes N540m To Borno Residents

 
The Dangote Foundation yesterday began the distribution of N540 million to about 54,000 indigent residents of Borno State with the aim of reducing poverty in the troubled state which has been under the siege of Boko Haram insurgency for the last four years.
The foundation, financed by the billionaire businessman, Alhaji Aliko Dangote, as his contribution to alleviating poverty in the country is collaborating with Support for Women, Orphans and Tsangaya (SWOT), a pet project of the wife of Borno State governor, Hajiya Nana Kashim Shettima.

Dangote Group Signs Deal with SAP

 

Dangote Group has signed business expansion deal with Systems Applications and Products (SAP).
The group signed a deal to use SAP’s OpenText Enterprise Content Management (ECM) and Invoice Management offerings on top of its existing SAP infrastructure.

Kanye West Postpones Another 'Yeezus' Tour Show In Home Town Chicago?

Kanye West has reportedly postponed yet another date on his Yeezus tour, this time in his hometown of Chicago and Ohio, not long after postponing concerts in Vancouver, Denver and Minneapolis.

The 'Through The Wire' rapper hasn't been clear with fans and at present there has been no official statement on whether the two shows scheduled to take place in his hometown of Chicago will go ahead, in addition to readmore..........

NSE Index hits two-month high

The Nigerian Stock Exchange’s All-Share Index rose to its highest point in more than two months on Tuesday as the equity segment of the Exchange closed positive for the fifth straight session.
The NSE ASI gained 0.30 per cent or 116.62 basis points on Tuesday to close at 38,054.23, from 37,937.61 the previous day. Read more after the cut

Ladies Beware! Worm-Infested Hair[weave] from Dead People Now on sales In The Market

Ladies please beware!!! Irene Myangoh, a personal assistant working at a law firm in Nairobi went to an upmarket hair salon along Kenyatta Avenue, and spent more than N5,500 on a human hair weave.

Two weeks later she started suffering from severe headache that would not go away. She would wake up with severe headache at night. She went to a private doctor who gave her

Women continue to add value to the technology workplace

 
South Africa has grown in leaps and bounds with regard to further inclusion of women in the workplace. In an international study conducted by Pepperdine University, it was reported that women in top positions in industry average higher levels of productivity and profitability.
In an article written by Forbes online contributor Glen Llopis, women see opportunity in everything and

Vanquished piracy site Isohunt rises from the dead

If there's one thing you can say about online pirates, they're a stubborn bunch. Less than two weeks after isoHunt agreed to shut down, the site is back online, albeit under new management. The isoHunt reboot is