Shareholders worried about future of Oando

Oando Group Chief Executive Officer, Wale Tinubu As the Oando Plc insists on retaining Wale Tinubu as its Group Chief Executive (GCE), aggrieved shareholders are worried about the future of the oil company, in view of the unresolved corporate governance issues relating to the group’s financials. The shareholders, who stormed the venue of the Group’s […]

FG deploys 711 N-Power agric extension agents in Edo

The Federal Government has deployed 711 N-Power agricultural extension agents to Edo to boost agricultural activities in the state. The Programme Manager of the State Agricultural Development Programme (ADP), Mr Peter Aikhuomobhoebe, disclosed this in an interview with the News Agency of Nigeria (NAN) in Benin on Monday. Aikhuomobhoebe also disclosed that the Federal Government […]

FG begins disbursement of N5billion loan for miners

Minister of Mines and Steel Development, Dr. Kayode Fayemi disclosed at the signing of MOU with Bank of Industry, BOI, for local miners to access the fund, and integrate them into formal sector. •BOI warns beneficiaries not to see grant as free money Despite the limited access to finance, and illegal artisanal mining activities, federal […]

TCN secures $2billion to expand capacity to 20,000MW

PHOTO The Transmission Company of Nigeria (TCN) has secured close to $2billion for the rehabilitation of national grid infrastructure and expansion of its transmission capacities up to 20,000 megawatts target within the next three years. Before now, some of the transmission facilities are outdated, or inadequate and too weak to evacuate power generated by […]