Power Distributors Owe Market Operator N165bn The total debt electricity distribution companies owe operator of the Nigerian electricity market, otherwise known as market operator, has risen...
FG Warns Nigerians in S’Africa Against Killer Disease The Minister of Health, Prof. Isaac Adewole, has alerted the Nigerian public to the cases of listeriosis in...
Power Generation Hits 4,327MW Despite Gas Pipeline Fire Power generation in Nigeria increased by 1,100 megawatts in four days despite last Thursday’s fire incident that affected...
PFAs Invest N224.7bn in Real Estate The Pension Fund Administrators have invested a total of N224.7bn of the increasing funds under the Contributory Pension Scheme in...
CBN Orders Banks to Suspend Accounts Linked With Fraud The Central Bank of Nigeria has ordered the Deposit Money Banks in the country to suspend the...
Vitafoam Nets N190m Profit, Secures N2bn Loan In a bid to boost its working capital, Vitafoam Nigeria Plc has secured a four-year N2bn soft loan from...
Forex Weekly Outlook January 15-19 EURUSD The German coalition agreement and the change in European Central Bank’s stance towards monetary policy boosted Euro attractiveness against G10...
Aircraft Maintenance: Nigeria, W’Africa Airlines to Save $1bn Yearly Stakeholders in the aviation industry have said that Nigerian and West African airlines could save billions of...
Gas Supply to Power Plants Intact, Says NNPC The Nigerian National Petroleum Corporation on Friday said routine gas supply for power generation was not affected by...
NSE Suspends Trading in 7-UP Shares The Nigerian Stock Exchange on Friday suspended the shares of Seven-Up Bottling Company Plc following a takeover bid from majority...