Qatar to produce electric vehicles by 2023

Qatar on Monday said that the country had plans to produce first Qatari electric cars by 2023, local media reported. The Qatari electric vehicles will be manufactured by the factory which will be established at […]

TCN transmits 30,936MW in 11 days

  The Transmission Company of Nigeria (TCN), on Thursday, said it transmitted 30,936 megawatts (MW) within 11 days in September. The daily statistics of TCN’s operations obtained from Nigerian Electricity System Operator, a section of […]

Apple unveils largest iPhone

Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for […]

NLNG pay $6.5bn taxes, $15bn dividends to FG

The Nigeria Liquefied Natural Gas Limited (NLNG) has paid to the Federal Government, dividends in excess of $15 billion. Its Managing Director, Mr Tony Attah, who gave the figure in Abuja, said the company also […]

Lagos owes $1.45b foreign debt

Lagos has retained its position as the state with the highest foreign debt in Nigeria, with a portfolio of 1.45 billion dollars as at June 30. A document obtained from the Debt Management Office (DMO), […]

NLNG remits $6.5b as tax to FIRS

The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah, Managing Director of NLNG, said at the investigative hearing into […]

Groups petition EFCC over alleged $3.8b contract fraud

A youth body, Nigerian Young Professionals Forum (NYPF) and Connected Development (CODE) have submitted a petition to the Economic and Financial Crimes Commission (EFCC) over alleged 3.8billion dollars contract awarded to Samsung Heavy Industries (SHI). […]

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