The Enugu Electricity Distribution Company (EEDC), has announced the restoration of electricity supply within all the…
Category: Business/Economy
DisCos confirm only 9 megawatts power available for whole country
*Appeals to consumers for understanding The Transmission Company of Nigeria (TCN) has confirmed that the Nigerian…
More Nigerians may slide into extreme poverty, World Bank predicts
A new report of the World Bank has predicted that more people in Nigeria and its…
Abuja, South east states in darkness as electricity grid collapses again
Nigeria’s knock-kneed national electricity grid has collapsed yet again, throwing several cities including the Federal capital…
Lagos ranked among Africa’s most expensive cities to live in
Lagos State has been ranked as the 12th most expensive city to live in Africa out…
OPEC daily basket price closes at $121.54 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil…
Subsidy payment grows by 29% in 4 months, as NNPC budgets another N874bn
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it spent over N947.51 billion subsiding…
FG spends N896.7bn repaying China debts, others in three months, DMO reveals
The Federal government has revealed that it spent over N896.7 billion in the first three months…
Stakeholders warn of imminent collapse of power sector
Stakeholders in Nigeria’s power sector have warned that it faces imminent collapse following myriads of challenges.…