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Customers of Eko Electricity Distribution Company (EKEDC) under the Ajah and Ibeju business units will experience improved power supply as the Transmission Company of Nigeria (TCN) commissions a 63MVA-132/33KVA mobile substation at the Ajah Transmission Station.
1 hour ago
The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves for large-scale tree planting initiative by Seplat Energy Plc.
1 day ago
The Economist has released its annual publication, “The World Ahead 2024,” projecting a positive economic outlook for West Africa, particularly Nigeria. The event, held on Thursday, April 25th and organised by CT Productions under an exclusive licence from The Economist, brought together leaders from various industries to discuss pressing issues and potential solutions for the…
1 day ago
Guaranty Trust Holding Company (GTCO), owners of Guaranty Trust Bank (GTB) have announced the largest ever pre-tax profits in the history of Nigeria’s banking sector. GTCO made the announcement in its first-quarter earning with the commercial bank posting a pre-tax profit of N509.3 billion. According to information contained in the report, GTCO’s latest pre-tax profit…
2 days ago
The naira on Thursday slightly depreciated at the official market, trading at N1,402.67 to the dollar.
