*Mulls PPP option to install scanners The Federal government has signaled intention to adopt the Public-Private…
Category: Business/Economy
FG okays 13 new GenCos, DisCos to boost electricity supply
The Federal government, in an effort to ramp up electricity generation and distribution across the country,…
Naira starts week on bright note, strengthens to N838.95/$1 in official market
The Naira began the week on a strong note by strengthening to N838.95/$1 data from the…
Era of consumers, communities paying for transformers, poles is over, Minister Adelabu warns DisCos
* Hints at plans to end estimated billing regime Minister of power, Adebayo Adelabu, has warned…
NGX: Chams, Axa Mansard lead trading as investors gain N874.4bn
Investors in the Nigerian equities market pocketed N313.4 billion at the close of trading on Monday.…
NNPC may hand over Port Harcourt Refinery to private operators
The Nigerian National Petroleum Company Limited (NNPCL) may have concluded plans to hand over the Federal…
Nigeria’s inflation rate climbs to 28.92%
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 28.92 per cent…
Lagos passengers stranded as BRT drivers begin strike
Drivers engaged by Primero Transport Services Limited – operators of the Lagos public transportation bus service…
Wema Bank customers panic amid confirmed N8bn loss to fraud, litigations
Depositors at Wema Bank have expressed concern following the bank’s announcement of a significant financial setback. The tier 2…
Seven major marketers get approval to sell Dangote fuel
Seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery for the lifting…