Electricity Distribution Companies (DisCos) market receipts for June stood at N26.811 billion, the Head of Corporate Communications, Nigerian Bulk Electricity Trading (NBET), Ms Henrietta Ighomrore, announced in a statement in Abuja, on Thursday.
The Nigerian equities market sustained bearish trend on Wednesday to open trading for September with a loss of N19 billion.
The Nigerian Exchange (NGX) Limited has announced that an enhanced version of its mobile app, X-Mobile would be released on Sept. 1.
The Chief Operating Officer of Capegate Investment Limited, Alhaji Bello Abba-Yakasai, has said that the company plans to generate 10 megawatts of electricity from wastes in Kano.
ActionAid Nigeria, a Non-Governmental Organisation (NGO), has decried the reported directive of the Nigerian Electricity Regulatory Commission (NERC) to the 11 Electricity Distribution Companies (DisCos) to increase their tariffs as from Sept. 1, 2021.
Transnational Corporation of Nigeria Plc (Transcorp) has notified the Nigerian Exchange (NGX) Limited of the resignation of its Group Chief Finance Officer, Mr Mutiu Bakare, with effect from Sept. 9, 2021.
President Muhammadu Buhari says focus on job creation, consistency in policy and innovation stimulated a 5% growth of the economy in the second quarter, 2021, which is the highest in six years.
The Department of Petroleum Resources (DPR) says the Federal Government’s plans to increase the nation’s oil and gas reserves, are on course and being boosted by strategic policies and programmes.
The Central Bank of Nigeria (CBN), has announced the formal engagement of the global Fintech Company, Bitt Inc., as the Technical Partner for its digital currency, eNaira.
Trading on the nation’s bourse resumed for the week on a negative mood with a loss of N83 billion following sell pressure on bellwether stocks.
The Dangote Two Billion US Dollar petrochemical plant located in Ibeju-Lekki, Lagos State, is to produce 77 different high-performance grades of polypropylene.
Lawmakers, state commissioners, and other critical stakeholders have expressed concern over dwindling allocation to states from the Federation Account.
Oil prices dropped on Wednesday but stayed above 70 dollars a barrel, taking a breather after recent days’ strong rally as Mexico was set to resume crude production following a major outage.
