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FG gets $500m World Bank loan for power distribution

The Federal Government has secured a $500m World Bank loan to bolster Nigeria’s electricity distribution sector, the Bureau of Public Enterprises (BPE) announced on...
Politics

Senate Okays Tinubu’s Sacking Of Babatunde Irukera As Consumer Protection Commission Boss

The Nigerian Senate has approved President Bola Tinubu’s request to remove Babatunde Irukera as the Executive Vice-Chairman of the Federal Competition and Consumer Protection...
News

Procurement Act Amendment: NEFGAD Faults World Bank, Warns FG

The Network for the Actualization of Social Growth and Viable Development (NEFGAD), a public procurement advocacy group, has faulted a World Bank recommendation that...
News

Tinubu sacks BPE, FCCPC chief executives

President Bola Tinubu has sacked the Director-General of the Bureau of Public Enterprises (BPE) Mr. Alexander Ayoola Oko.The Special Adviser on Media and Publicity...
News

JUST IN: Tinubu Sacks Irukera, Okoh As CEOs Of FCCPC, BPE

President Bola Tinubu has dismissed two chief executive officers in his latest round of sacking of government agency heads.The dismissed CEOs are Babatunde Irukera,...
Business

BUSINESS ROUNDUP: Reps to probe BPE; FG to introduce new FX rules; Other stories

Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week —from the capital market...
Business

Reps to probe BPE over Geregu, Afam Plants, others from 2019-2023

The House of Representatives on Tuesday, unanimously adopted a motion moved by Hon. Hassan Shehu Hussain of the NNPP, Kano, mandating its Committee on...
News

BPE to commence verification of PHCN ex-staff

By JOY ADARA, Abuja –The Bureau of Public Enterprises, (BPE) is set to commence verification exercise for the payment of the agreed 16-month Severance benefits...
Business

Nigerian govt to earn $2.10bn as it hands Zungeru Hydroelectric to private firm

For a fee of $70,000,251 per year, the Federal Government has concession the 700 megawatts Zungeru Hydroelectric Power Plant.The Head, Public Communications, Bureau of...

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2025: Tinubu targets N34.82trn revenue to fund N49.7trn budget, education, health get more

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President Bola Ahmed Tinubu, Wednesday, presented to a joint...

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