power Archives — City Business News

October 6, 2024 No Responses

Liyel Imoke: Alleged Expenditure Of $16b Delayed Power Sector Reforms

Former minister of power, who later served as Governor of Cross River State, Senator Liyel Imoke, has described alleged “expenditure” of $16 billion on the power sector by the Olusegun Obasanjo administration as misleading. Imoke, who was also Chairman of...

August 21, 2024 No Responses

Kogi To Host GOCOP 2024 Conference on Power, Insecurity, Digital Economy

The Guild of Corporate Online Publishers (GOCOP) has said that its 2024 annual conference will be held in Kogi state on Thursday, October 3. A statement by the Publicity Secretary of GOCOP, Sir Remmy Nweke, quoted the 2024 Conference Planning Commit...

July 26, 2024 No Responses

Discovery Celebrates 35th Anniversary With Powerful New Engine

This year, Discovery celebrates 35 years of ingenious versatility with a new special edition version of its luxurious full-size seven-seat Sports Utility Vehicle (SUV).Discovery remains an exceptional family SUV that’s been setting the standard for versatili...

April 3, 2024 No Responses

Transcorp Power Declares N3.13 Dividend

Transcorp Power Plc (Transcorp Power) has reported N453 billion profit before tax for the year ended December. 31, 2023. Mr Stanley Chikwendu, Group Company Secretary, Transcorp Power, said this indicated a surge of 85 per cent, when compared with N439...

March 16, 2023 No Responses

FEC Approves N15b For Road Linking 2nd Niger Bridge, €3.7m For Power

The Federal executive Council has approved N15 billion for the construction of an access road linking the Benin-Asaba expressway to the second Niger bridge. Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this when he briefed State House co...

November 17, 2021 No Responses

Orjiako Steps Down As Seplat Energy Chairman

By Moses Ebosele, ebosele@hotmail.com — Dr. A.B.C. Orjiako has stepped down as Chairman and from the Board of Directors of Seplat Energy Plc. Orjiako’s decision to step down is coming about one week after the res...

October 4, 2021 No Responses

Seplat Energy Begins Supply Of Power To Oben Cottage Hospital In Edo

As part of its continuous community development programmes, Seplat Energy Plc has commissioned a project for power supply to Oben Cottage Hospital from its Oben gas facility at Oben Orhionmwon Local Government Area of Edo State Seplat in a statement...

June 5, 2020 No Responses

NNPC To Deepen Business Portfolios In Power, Medical

The Nigerian National Petroleum Corporation (NNPC) is firming up business portfolios in the power, medical, housing and other sectors that would strengthen the profitability of the state owned oil company. The corporation said in a statement on Thursday that t...

October 21, 2019 No Responses

Nigeria To Secure $3b Power Sector Loan

The Minister of Finance, Mrs Zainab Ahmed, on Sunday said the Federal Government’s request for a World Bank loan to finance the power sector was at the verge of being granted. Ahmed stated this at a media briefing on activities...

May 7, 2017 No Responses

TCN to invest $200m in power supply

The Ogun State Government and Transmission Company Of Nigeria (TCN) have concluded plans to construct a $200million facility in Ogun as part of measures to boost power supply. According to the Managing Director of TCN, Mr Usman Mohammed, the project,...