CBN Plans to Create 10 Million Jobs Through Investment Support The Central Bank of Nigeria (CBN) said it had started a program that would lead to...
Power Firms Move to Improve Grid Capacity by 96.4mw The operators of the Kainji and Jebba Hydropower plants, Mainstream Energy Solutions Limited, has signed a rehabilitation...
DisCos: FG May Revoke Licenses The Minister of Power, Saleh Mamman, on Wednesday, blamed the Power Distribution Companies (DisCos) for poor electricity supply in the country....
ECA Drops to $71.8m in One Month Excess Crude Account (ECA) declined from $324.96 million to $71.81 million in one single month just as foreign reserves...
NCS Onne Command to Surpass N140.2bn Revenue Target Onne Customs Command has joined the list of commands promising to surpass 2020 targets. The command declared on...
Nigeria to Exhaust Oil Reserves in 49 years -DPR The Nigerian crude oil reserves of 37 billion barrels will run dry in 49 years at the...
Hydropower Project: Edo Commences Second Phase The Edo State Government has perfected plans to commence the second phase of the Edo hydropower project started last year...
Like Nigeria, South Africa’s Inflation Rises Consumer prices in South Africa, Africa’s second largest economy, rose to a seven-month high in January as fuel price rises....
IMF Lowers Nigeria’s Growth Projection for 2020 The International Monetary Fund (IMF) has lowered Africa’s largest economy Nigeria’s growth projection for 2020 from 2.5 percent previously...
Nigeria’s Inflation Rises to 12.13% in January Nigeria’s inflation rate rose for the fifth consecutive month in January as border closure and lack policy clarity bites....