Aba IPP comes on stream, 20 yrs after conception
he Aba Integrated Power Project (IIP), owned by the Geometric Power Group (GPG), finally came on stream on Monday, 20 years after it was conceived by its Chairman/Chief Executive Officer,…
he Aba Integrated Power Project (IIP), owned by the Geometric Power Group (GPG), finally came on stream on Monday, 20 years after it was conceived by its Chairman/Chief Executive Officer,…
Nestle Nigeria PLC. said its revenue in 2023 increased by over N100 billion, reaching N547 billion, against N446 billion in 2022. The company said, however, that the devaluation of the…
Let me tell you for free that the table is already shifting against the West and many emerging economy Nations of the global South.They are paying huge prices for those…
In Nigeria today, as of February 26, 2024, the cost of refilling cooking gas per kg has become a topic of considerable interest among households due to the dynamic pricing…
The African Development Bank’s Macroeconomic Performance and Outlook (MEO) report, released on Friday, predicts that African countries will have the world’s fastest-growing economy. According to the survey, African countries account…
The shareholders of Cadbury Nigeria Plc, a fast-moving consumer goods firm, have approved the conversion of an outstanding intercompany loan of N7.04 billion ($7.72 million) owed to its majority shareholder,…
The Federal Government has officially transferred operations of the Zungeru Hydroelectric Power Plant to a Concessionaire, Penstock Limited. The move is expected to boost Nigeria’s power generation capacity and contribute…
The United States Agency for International Development (USAID), has reconfirmed its commitments towards economic growth of Nigeria through sustainable development. Stating this on Thursday was the agency country’s Deputy Mission…
The Central Bank of Nigeria (CBN) has taken a significant step toward stabilizing the naira by selling approximately $90 million in the spot FX market on Tuesday. This marks the…
The Senate has announced its opposition to any electricity price hike that could further burden Nigerians, as reported by Punch News. During a press conference in Abuja two days ago,…