Nigeria boosts power grid with new equipment
FGN Power Company, a special purpose vehicle established by the Federal Government of Nigeria to own and execute the Presidential Power Initiative (PPI), has received 10 transformers and 10 Mobile…
FGN Power Company, a special purpose vehicle established by the Federal Government of Nigeria to own and execute the Presidential Power Initiative (PPI), has received 10 transformers and 10 Mobile…
MTN Group, Africa’s largest network operator by subscriber base, has accepted an undisclosed offer from Africa-focused telecommunication service, Telecel, for the sale of its equity interests in MTN Guinea-Bissau and…
The Commissioner for Power and Renewable Energy in Cross River State, Eka Wills, has disclosed that the search for a solution to dwindling oil revenues led them to focus on…
The Federal Government Friday explained why it continued to intervene in the pump price of fuel, pointing out that it is to ensure price stability. The Special Adviser to the…
The federal government of Nigeria has embarked on an ambitious initiative aimed at slashing fuel costs by up to 70 per cent through the adoption of Compressed Natural Gas (CNG)…
How is the power supply in your area, wherever you are in Nigeria? How was it in January and February? Have you noticed any improvement this March 2024, particularly since…
About half a dozen of key African countries have opposed Nigeria’s bid to host the African Energy Bank. The countries include Ghana, South Africa, Egypt, Benin, Ivory Coast, and Algeria,…
Trading in top three equities namely: Transnational Corporation (Transcorp), Guaranty Trust Holding Company (GTCO) and Access Holdings contributed significantly to the stock market’s upward performance in the week ended. Specifically,…
The Nigerian Ports Authority has disclosed that containerised exports rose by 44.43 per cent to 226,456 twenty equivalent units in 2023 from 156,790 TEUs in the previous year. In a…
Nigeria sold a record N1.056 trillion in OMO bills on Friday with the yield on the one-year bill rising to 27.3 percent as the CBN ups the ante in its…