Ahead of the release of the National Bureau of Statistics report on the country’s inflation for June 2024, some economic watchers have projected that inflation would maintain its upward movement but at... Read more »

The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery. Dangote disclosed this... Read more »

The Enugu State Electricity Regulatory Commission (EERC) has beaconed on investors within and outside the country to see Enugu as a fertile state in the energy and power sector with a huge... Read more »

In a bid to speed up the use of Compressed Natural Gas, CNG, by commercial transporters, the Federal Government disclosed that members of the transport union would be provided with free conversion... Read more »

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. Disclosing this in a statement yesterday,... Read more »

Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners have hiked the ex-depot price of petrol from N630 to N720 per litre. Fuel stations... Read more »

Plans have reached the advanced stage to launch the Economic Community of West African States (ECOWAS) single currency initiative, otherwise known as ECO. This was after the Nigerian government endorsed the initiative,... Read more »

Ibadan Electricity Distribution Company Plc announces an upward review of the electricity tariff for our Band A customers. Effective immediately, the tariff will be adjusted from N206.80/kWh to N209.50/kWh. This review according... Read more »

Electricity Distribution Companies (DisCos) in Nigeria, have further increased electricity tariffs for Band A customers who receive 20–24 hours of daily power supply. The development was confirmed on Wednesday, in separate statements... Read more »