In a bid to bridge the metering gap, the federal government has earmarked a total of N700 billion from the monthly federation revenue to provide electricity...
For the concluding week, Brent prices lost more than 2.5 percent while the US West Texas Intermediate (WTI) saw a drop of 1.2 percent. Analysts projected...
The Federal Government of Nigeria has denied reports alleging that President Bola Tinubu signed off Nigeria’s mining rights to France during his recent state visit, dismissing...
Before 2024 comes to an end, the Federal Government has said it would have expended nothing less than N2.4 trillion on electricity subsidies. This was made...
Nigeria’s trade balance grew by 43.6 percent in the third quarter (Q3) of 2024 to N35.2 trillion. A positive trade balance or trade surplus occurs when...
The Senate, under the leadership of Godswill Akpabio, has accused Generating Companies (GenCos), the Transmission Company of Nigeria (TCN), and Distribution Companies (DisCos) of incompetence following...
Oil prices edged lower on Friday, December 6, with weak demand in focus after the Organisation of the Petroleum Exporting Countries and its allies, OPEC+ postponed...
Oil prices were slightly down on Thursday as the market anticipated decisions from a meeting of the Organisation of the Petroleum Exporting Countries and its allies...
Oil prices rose more than 2 per cent on Tuesday as Israel threatened to attack Lebanon if the ceasefire deal with Hezbollah collapses while the market...
The Governor of Lagos State, Babajide Sanwo-Olu, on Tuesday signed into law the Electricity Bill 2024, aimed at improving the power supply in Nigeria’s commercial capital....
