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The Minister of Power, Adebayo Adelabu, has ordered the TCN and other relevant agencies of the ministry to begin the immediate implementation of the recommendations of...
Transmission Company of Nigeria (TCN) has said that while repairs and improvements are underway in Transmission lines, some degree of instability in the system is likely...
Nigerian multinational energy company Oando is targeting a production of 100,000 barrels per day (bpd) by 2028, following its landmark acquisition of Eni’s Nigerian Agip Oil...
The Network of Edo Lawyers has asked the Economic and Financial Crimes Commission EFCC and the Nigeria Police to freeze the bank accounts of the State...
The Central Bank of Nigeria (CBN) raised a little more than N627 billion from its oversubscribed Treasury bills sales at the primary market auction conducted on...
Nigeria’s commercial capital Lagos on Thursday invited bids for construction of up to 4,000 megawatt (MW) gas-fired power plants to cover a national grid shortfall, seeking...
Today, the Lagos bourse posted a 37bps rebound to close at 96,924.86 points. The market performance was buoyed by gains in ARADEL (+10.00%), ZENITHBANK (+0.82%), and...
Dangote Industries Limited (DIL) has restated its commitment to driving the diversification of Nigeria’s economy for growth and job prospects through strategic investments. This is just...
Today, the Lagos bourse reversed gains from the previous session as the benchmark index shed 57bps to close at 96,567.24 points. The market relapse was primarily...
Oil prices turned positive on Wednesday after falling by more than $2, despite U.S. crude stocks rising by more than expected, according to the Energy Information...
The federal government has commenced the disbursement of N75 billion single-digit loans to Micro, Small and Medium Enterprises (MSMEs) through the Bank of Industry (BOI). Tola...
The Kano State High Court has restrained the Central Bank of Nigeria (CBN), Accountant-General of Federal (AGF), and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC)...
Halting six successive sessions of losses, the Lagos bourse posted a 22bps gain to close at 97,123.61 points. Selloffs in MTNN (-0.24%), TRANSCORP (-1.64%), and WAPCO (-1.04%)...
Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday urged electric distribution companies (DISCOs) to carry energy consumers along before classifying them into bands and also...
Ghana has led the West African region in both the frequency and diversity of cyber threats for the first half of 2024, facing a high volume...