DISCOs Monthly Revenue Shortfalls Rise to N25bn in 2016 Electricity Distribution Companies, DISCOs’ remittances to Nigeria Bulk Electricity Trading, NBET, dropped to about 35 percent in...
Cutting Manufacturing Costs With Renewable Energy Solutions With the impact of energy costs on the productive sector becoming unbearable, exploring clean, sustainable alternative energy source has...
Afrinvest CEO Urges FG to Embark on ‘Bold’ Reforms to Jumpstart Growth The Chief Executive Officer of Afrinvest West Africa Limited, Mr. Ike Chioke has stressed...
Power Gencos May Soon Pack up The Chairman of Transcorp Ughelli Power, Mr. Tony Elumelu, has said the Nigerian power sector is abourt to collapse as...
Manufacturers Urge CBN to Release N50bn Textile Intervention Fund The Nigerian Textile Manufacturers Association has urged the Central Bank of Nigeria to expedite the release of...
Oil Prices Rise as OPEC Output Cuts Drain Stocks Oil prices rose on Tuesday on evidence the global market was tightening as lower production by OPEC...
Trading Plunges at China’s Bitcoin Exchanges After Fees Levied High-speed traders are pulling out of China’s bitcoin market after the three biggest venues started charging transaction...
Euro Area Starts 2017 on Strong Note as Price Pressures Build The euro-area economy expanded at a robust pace at the start of the year as...
Nigeria’s Petrol Import Drops by Nine Million Litres in 2016 The volume of importation of Premium Motor Spirit (PMS) also called petrol, dropped from 14 billion...
Japan Shares Fall on Yen Gain Japanese shares fell for a second day after the yen touched the highest since November while Treasuries held gains that...