Appointment of New Managing Director/CEO for the Nigerian Bulk Electricity Trading, PLC (NBET)

In furtherance of the reorganization/ realignments in the Power Sector, the Honourable Minister of Power Engr. Sale Mamman announces the appointment of a new Managing Director for the Nigerian Bulk Electricity Trading, PLC. He is Dr. Nnaemeka Eweluka, the company’s General Counsel and Secretary. He is to succeed Dr. Marilyn Amobi, as substantive Managing Director/CEO, […]


PTAD to pay outstanding entitlements to verified ex-NAHCO workers

The Pension Transitional Arrangement Directorate has said it is ready to pay the first batch of the verified ex-workers of the Nigerian Aviation Handling Company, in line with the takeover approval of pension-related matters of some agencies, privatised/liquidated by the Bureau of Public Enterprises in 2017. The Executive secretary, Dr. Chioma Ejikeme, in a statement […]


Kano to reduce 2020 budget by 30%

The governor of Kano State, Abdullahi Ganduje, has announced that the state government will soon review the 2020 budget by 30 percent downward in order to complete ongoing projects. Ganduje made this known during an interactive session with newsmen on Monday at the Government House, Kano. He explained that the reduction was to help mitigate […]


NSE: All Share Index drops by 0.91%

Equity transactions on the Nigerian Stock Exchange ended trading activities on Monday with the All Share Index (ASI) declining by 0.91%. The ASI closed at 24,954.25 basis points which was 228.42 points lower than last Thursday’s 25,182.67 basis points. The market capitalisation also dropped to N12 billion to close at N13.01 trillion on Monday as against […]