News

Buhari orders sales of seized assets

In order to generate funds and address infrastructural needs in Nigeria, President Muhammadu Buhari has ordered the sales of all assets forfeited to Federal Government within the next six months. Buhari also approved that a 22-man Inter-Ministerial Committee that would supervise sales of the assets forfeited to the apex government …

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Jumia partners Standard Chartered, Samsung, others to offer consumers exciting deals during Black Friday

Lagos, Nigeria; October 5th, 2020: E-commerce giant, Jumia Nigeria has partnered with Standard Chartered Bank, Samsung, and other brands for the 2020 Black Friday campaign, which is scheduled to begin on Friday, November 6th till 30th, 2020. Other partners include Pernod Ricard, Unilever, Reckitt Benckiser, Intel, Defacto, Umidigi, Michelin, Stanbic …

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Power sector records N243bn capacity loss within 10 months

The power sector has recorded a generation capacity loss of N243 billion within 10 months from January to October 2020. This was revealed in the October 2020 electricity generation statistics released by the Association of Power Generation Companies (APGC), the umbrella body of GenCos. The data puts the current available …

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