Nigeria’s inflation rate increases to 17.71% in May 2022- NBS
The National Bureau of Statistics (NBS) says Nigeria’s inflation rate increased to 17.71 per cent on a year-on-year basis in...
Equities market drops N183b
The equity market closed on Wednesday negative as the market capitalisation decreased by N182.91 billion to N28.45 trillion from N28.68...
Nigerians to enjoy improved power supply from July 1 – NERC
Mr Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC), says Nigerians will witness improved power supply from July 1 following...
Mass metering starts in August
The Nigerian Electricity Regulatory Commission (NERC) says it will begin the second phase (Phase One) of the National Mass Metering...
PTAD commits to pensioners’ welfare
The Pension Transitional Arrangement Directorate(PTAD) has reiterated commitment to the welfare of pensioners’ across the country. Mr Gbenga Ajayi, PTAD’s...
Dangote Sugar declares N276bn turnover, N12.417bn dividend
Dangote Sugar Refinery Plc has declared a turnover of N276 billion for the financial year ended Dec. 31, 2021, translating...
AFD, EU to fund vocational skills in power sector with $46m-NAPTIN
The National Power Training Institute (NAPTIN), says Agence Française de Development (AFD) and the EU, have pledged to expend 46...
Expert says growth in FinTechs necessary for sustainable ecosystem in Africa
A financial expert, Dr Segun Aina, says policy makers and financial regulators need to evolve with the growth in financial...
BIRS unseals Dangote Cement Company Gboko
The Benue Board of Internal Revenue Service (BIRS) has unsealed Dangote Cement Company (DCC) Gboko after the company remitted N69...
Coconut, palm economy major game changer –Soludo
Governor Charles Soludo of Anambra State on Wednesday said coconut and palm economy would be a major game changer in...