The Federal government has confirmed the disconnection of some power companies from the national grid over…
Category: Business/Economy
Blackout looms as TCN threatens to disconnect defaulting DisCos, GenCos
Nigeria could be thrown into total darkness in the coming days as the Transmission Company of…
China gives conditions for discussion on Nigeria’s debt
Nigeria’s debt to China has increased by a staggering 209 percent under President Muhammadu Buhari, according…
World Bank advises Nigeria to unify multiple exchange rates
* As Tinubu reportedly targets N200 per dollar The World Bank has recommended a single foreign…
SERAP urges probe of missing 149m crude oil, threatens to sue Buhari if…
The NEITI connection The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to…
Lagos Gov Sanwo-Olu visits Banana Island, orders demolition of 3 buildings
* Indicts Fed agencies for upsurge in illegal structures Lagos State governor, Mr. Babajide Sanwo-Olu, has…
FG strategises on removing subsidy without disrupting livelihoods
As the energy sector of Nigeria’s economy prepares for the removal of subsidy on Premium Motor…
UBA team visits Abia Governor-elect Otti
The Group Managing Director and Chief Executive Officer of the United Bank for Africa (UBA), Mr.…
Naira falls to US dollar at official market amid Muslim holidays
The Naira experienced a decline relative to the US Dollar in both the Investors and Exporters…
FG concessions Onitsha River Port
The Federal government has completed the concession of the Onitsha River Port in Anambra State. The…