power Archives — City Business News

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,...