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EKEDC, IKEDC record highest revenue as Nigerians pay N466 billion to DisCos in Q3Â 2024 Nexovant
All electricity distribution companies in Nigeria received a total sum of ₦466.69 billion out of the ₦626.02 billion that was billed to customers in the third quarter of 2024. Eko and Ikeja Distribution companies received the highest revenues – N 103.11 billion and N 99.73 billion respectively. According to the latest quarterly report of the […]
US confirms billions in chips funds to Samsung, Texas Instruments Nexovant
Samsung Electronics has earned a hefty US government grant to boost their chipmaking facilities in the United States. Photo: Jung Yeon-je / AFP/FileSource: AFP President Joe Biden’s administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in […]
Tony Elumelu, Roosevelt Ogbonna, other bank chiefs make big donation Nexovant
Millions of naira worth of relief supplies have been donated by Nigerian banks to flood victims in Jigawa State. They underlined their commitment to continue promoting the socioeconomic development of the country A delegation of bank CEOs flew to Jigawa State to offer their condolences and pledge continued support Legit.ng journalist Zainab Iwayemi has 5-year-experience […]
“Government is reforming”: FG opens up on meeting stable power supply demand Nexovant
Nigerians are assured a steady and sustainable power supply across the country by the Minister of Power To ensure electrical stability, he said the federal government is collaborating to restructure the electricity sector He encouraged colleagues in the oil and gas sector to get ready to act with the same initiative as President Tinubu’s administration […]
EU, Swiss hail ‘historic’ new deal resetting relations Nexovant
European Commission president Ursula von der Leyen (L) announced the reset with Switzerland’s President Viola Amherd. Photo: FABRICE COFFRINI / POOL/AFPSource: AFP The European Union and Switzerland announced Friday they had sealed a new set of agreements aimed at recalibrating relations between the two neighbours. The deal, reached after years of sometimes difficult negotiations, has […]
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