FG Reveal Plan To Unbundle TCN Into Two Entities

The Nigerian government is working towards generating 20,000 megawatts by 2026 and 60,000 megawatts of electricity by 2060. ay.

A day after the power grid collapsed for the second time this year, the Federal Government has disclosed that as part of the overall reform of the sector, the Transmission Company of Nigeria, TCN, would be unbundled into two distinct entities. ALSO READ: CBN Suspends Application For New Loans The government admitted that TCN, which is responsible […]

CBN Suspends Application For New Loans

The Central Bank of Nigeria has announced a suspension of applications for new loans, under its development finance intervention funds programme. ALSO READ: President Tinubu appoints NCDMB governing council and management team The suspension represents a significant shift in its approach to development finance intervention funds, which was previously considered a cornerstone of the central […]

President Tinubu appoints NCDMB governing council and management team

President Bola Tinubu has sent a letter to the Nigerian Senate, seeking approval for military action military officers in the Niger Republic.

In conformity with Sections 71(1), 72, and 73 of the Nigerian Oil and Gas Industry Content Development Act (2010), President Bola Tinubu has approved the appointment of qualified Nigerians to serve on the Governing Council and Management team of the Nigerian Content Development and Monitoring Board (NCDMB): (1) Sen. Heineken Lokpobiri — Chairman / HMS, […]