Business

The Abuja Electricity Distribution Company Plc, has issued notice of disconnection to all customers having outstanding electricity bills.

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FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023.

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President Bola Ahmed Tinubu has directed Federal Ministries, Departments and Agencies (MDAs) in the country to patronise technologies and products of the National Agency for Science and Engineering Infrastructure (NASENI) to support Made-in-Nigeria goods and reduce importation.

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The quest to have comparative advantage at local warships building by the Nigerian Navy has given positive projection at achieving 60% local ship building capability by 2030.

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In a move set to boost the country's tech sector, the Federal Government, through NITDA, has signed a Memorandum of Understanding (MOU) to host the world's largest technology fair, GITEX, for the first time in 2025.

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In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled by rapidly expanding internet access and steady broadband penetration, currently about 43 per cent. Our digital economy is poised for significant growth, positively impacting various sectors and benefiting the nation through enhanced connectivity and digital skills.

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Aigboje Aig-Imoukhuede, Chairman of Access Holdings PLC and Coronation Group, has been honoured with the prestigious African Banker Lifetime Achievement Award.

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President Bola Ahmed Tinubu is set to commission the National Agency for Science and Engineering Infrastructure (NASENI) Compressed Natural Gas (CNG) Conversion, Filling, Reverse Engineering and Training Centre in Utako Abuja.

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The Permanent Secretary, Ministry of Police Affairs Dr. Nazir Sani Gwarzo has reiterated the need for the National Youth Service Corp (NYSC) members to imbibe the culture of the Ministry and possess the capacity to communicate messages effectively to audiences.

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Transnational Corporation Plc (Transcorp Group or the Group), Nigeria’s leading listed conglomerate, announced 57% revenue growth, from N90.3 billion in 2022 to N142.1 billion in 2023, at its 18th Annual General Meeting (AGM), held on Monday, May 27, 2024, at the Transcorp Hilton Hotel, Abuja.

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