business and economy

In continuation of efforts to curb smuggling activities, the  Coordinator of the Joint Border Drill Operations, Sector 3, Ilorin, Kwara State Comptroller Mohammed Uba Garba embarked on a three-day sensitization tour to border communities along Kaiama-Jebba-Mokwa-Wawa-Babanna and Kotangora axis of Kwara and Niger States with a stern warning to recalcitrant smugglers still operating in the area […]

The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January to October 2019, latest figures released on Wednesday showed. An analysis of data in the October 2019 oil and gas report of the NNPC showed that all three entities recorded losses during the period under […]

The Enugu Electricity Distribution Company has said that the 4,000 megawatts generated in Nigeria daily cannot meet the electricity needs of Nigerians. Head of Corporate Communications, EEDC, Mr Emeka Eze, said this while reacting to an allegation that it was deliberately providing poor services to the customers in the zone. Speaking with The PUNCH on Tuesday, Eze […]

The Senate on Tuesday appealed to the Federal Government to ban importation of textiles for a period of five years to allow for the production of local textiles. This followed the debate on a motion sponsored by Senator Kabir Barkiya (APC-Katsina Central) during plenary session on “Urgent need to revamp the nation’s comatose textile industry”. […]


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