AN inferno caused by a vandalized pipeline along Isheri Olofin, off Igbando – LASU expressway of Lagos State has caused massive damage to 330kV Ikeja-West Akangba transmission line 1, burning …
Hollins Esegba
- Business & Economy
FG raises doctors hazard allowance from N5,000 to N40,000
by Hollins Esegba 1 minutes readTHE hazard allowance for medical doctors and health workers in the country has been increased by the Federal Government. While the government increased the allowance for doctors from N5,000 to …
- Business & Economy
KADUNA: El-Rufai signs N278b budget, plans N150b IGR in two years
by Hollins Esegba 2 minutes readGOVERNOR Nasir El-Rufai of Kaduna State has signed the state’s 2022 budget proposal of N278.58b into law at the Government House, Kaduna. The signed budget allocated N184.53b to capital expenditure …
- Business & Economy
Titan Trust Bank acquires 104-year-old Union Bank
by Hollins Esegba 4 minutes readUNION Bank of Nigeria has been acquired by Titan Trust Bank Limited, which barely started its operation in Nigeria three years ago after it won the central bank’s permit to …
THE Federal Government spent up tp N1.16 trillion in subsidizing of Premium Motor Spirit, popularly called petrol, between January and November this year. This was disclosed in data from the …
- Business & Economy
Nigeria loses N499.32b as Twitter ban reaches 200 days
by Hollins Esegba 1 minutes readA TOTAL of N499.32bn has been reportedly lost by Nigeria’s economy to the ban of Twitter since it came into effect on June 4, 2021. Recall that the Federal Government …
GOV. Abdullahi Ganduje of Kano State on Tuesday signed into law the 2022 appropriation bill amounting to N221.2 billion. The News Agency of Nigeria (NAN) reports that the governor had …
- Business & Economy
Bitcoin’s market cap falls by $264.28b in 50 days
by Hollins Esegba 1 minutes readTHE market capitalisation of the world’s most popular cryptocurrency, Bitcoin, has lost up to $264.28b in 50 days. Bitcoin’s market cap rose by $250.36b in October to close at $1.16tn. …
- Business & Economy
Oil exploration will increase petroleum reserve by 2030 – Minister
by Hollins Esegba 2 minutes readTHE Minister of Science and Technology, Dr Ogbonnaya Onu, has said that the Federal Government is making efforts towards increasing the petroleum reserve in the country to 40 million barrels …
- Business & Economy
NERC decries unmetered 6.3m customers despite mass meter deployment
by Hollins Esegba 2 minutes readTHE number of unmetered power users across the country is about 6.3 million, despite the mass deployment of meters by the Federal Government, the Nigerian Electricity Regulatory Commission has said. …