Daily Record

Fire outbreak at power transmission station in Abuja

There was a fire outbreak at Apo transmission substation in the federal capital territory (FCT) on Sunday. The substation is being operated by the Transmission Company of Nigeria (TCN). In a statement, the Abuja Electricity Distribution Company (AEDC) which feeds directly from the substation said a 45MVA transformer was lost …

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N7.9tr dirty, mutilated notes to be withdraw by CBN

A LARGE proportion of the N7.9 trillion pieces of naira notes in circulation are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments, the Central Bank of Nigeria (CBN) has said. A statement by CBN’s Deputy Governor, Operations Folashodun Shonubi  and Director, Currency Operations Department Mrs. Pricilla Eleje …

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Dangote donates 2,160-bed hostel to ABU

  AFRICA’S foremost businessman and Aliko Dangote Foundation Chairman Alhaji Aliko Dangote donated at the weekend a 2,160-bed space hostel complex to the Ahmadu Bello University (ABU), Zaria, Kaduna State. The hostel, comprising 10 blocks of 360 rooms, built at N1.2 billion, is coming after similar gestures to Bayero University, …

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Fidelity Bank holds 31st AGM, assures of greater returns

L-R: Non – Executive Director, Fidelity Bank Plc., Charles Umolu; Chairman, Fidelity Bank Plc., Ernest Ebi; Executive Director, South, Fidelity Bank Plc., Aku Odinkemelu; Managing Director/ Chief Executive Officer, Fidelity Bank Plc., Nnamdi Okonkwo at the 31St Annual General Meeting of Fidelity Bank which was held at Civic Center in …

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Reports: Billionaire Onajite Okoloko’s Midwestern Oil & Gas, Eroton, Notore in crisis?

Onajite Okoloko Reports currently making the rounds indicates that Billionaire, Onajite Okoloko’s Eroton, Midwestern Oil and Gas as well as Notore Chemicals, is alleged to be facing difficult times. Secrets Reporter reports. According to Secrets Reporter, Notore Chemicals is said to be battling with operational challenges in the aftermath of its largely undersubscribed attempt …

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