Businesses decline in Lagos as power supply shrinks
Some business owners have decried the drop in power being supplied by Ikeja Electric(IE) Plc and Eko Electricity Distribution Company...
Economy/Technology
AEDC attributes instability electricity supply to drop in load allocation
The management of Abuja Electricity Distribution Company (AEDC) has attributed the instability of electricity supply to reduced load allocation in...
Partial shutdown of Oben plant causes drop in electricity generation
The Federal Government says the current drop in electricity generation is as a result of the partial shutdown of Oben...
17 ships carrying petrol, other products expected at Lagos ports
17 ships carrying petrol, other products expected at Lagos ports The Nigerian Ports Authority (NPA) on Thursday said 17 ships...
Nigeria spends $13m on bitumen importation
Mr Obadiah Nkom, the Director-General, Nigeria Mining Cadastre Office (NMCO) said Nigeria spent 13 million dollars on Bitumen importation as...
CBN reviews operations of NIBBS instant payments system
The Central Bank of Nigeria (CBN) has reviewed upwards, the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other...
Nigeria advises Africa on renewable energy
The Minister of Power, Mr Abubakar Aliyu, has advised African countries to develop renewable energy opportunities to avoid being left...
Buhari urges Spanish investors to take advantage of 200m consumer market
President Muhammadu Buhari has called on Spanish investors to take advantage of Nigeria’s tax- free environment and limitless expatriate quota...
ICRC reiterates need for viable projects through PPP
The Infrastructure Concession Regulatory Commission (ICRC) has reiterated the need for viable and bankable projects that will be delivered through...
Nigeria’s crude oil production increases by 70,000bpd
Nigeria’s crude oil production increased by 70,000 barrels per day in May according to a Reuters Survey released on Tuesday....