Buhari Pays N72b to China for Lagos-Ibadan Railway President Muhammadu Buhari led Federal Government has released N72 billion counterpart funding for the construction of Lagos-Ibadan modernisation...
Power Generation Drops to 2,662 Megawatts The Transmission Company of Nigeria (TCN) has said the nation’s power generation capacity dropped from 3,959 megawatts on January 4...
Power Firms Exploiting Nigerians With Estimated Billing The Nigeria Labour Congress has said that the estimated billing of consumers by electricity distribution companies is a deliberate...
Recession Hits Luxury Office Buildings, Occupancy Rate Drops As a result of the current economic recession in the country, multinational and indigenous firms are cutting down...
The continuous trade deficit recorded by the country and the need to safeguard the economy, prevent dumping and enlarge the Nigerian market to other regions of...
Power System Collapses Four Times in Five Days The frequency of system collapse in the nation’s power sector in recent times has resulted in prolonged blackout...
Oil Prices Rise, Interbank Rate Jumps Oil futures climbed on Friday as signs of the market tightening after major oil producers agreed to cut output helped...
NNPC Takes Delivery of Two Gas Carriers The West African Gas Ltd, a joint venture company of the Nigerian National Petroleum Corporation and Sahara Energy, has...
Kwara’s IGR Collection Hits N17.4bn The Executive Director, Kwara State Internal Revenue Service, Dr. Muritala Awodun, on Thursday disclosed that the agency collected N17.4bn as Internally...
Kerosene Fully Deregulated, Says PPPRA The Petroleum Products Pricing Regulatory Agency on Thursday said that the kerosene market had been fully deregulated and that there was...