Business
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Nigeria’s Power Generation Increased by 34% in 2024, Minister Announces
Nigeria’s power generation saw a notable increase of 34% in 2024, according to the Minister of Power, Adebayo Adelabu, who…
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NERC Completes Transfer of Regulatory Oversight to Four States
The Nigerian Electricity Regulatory Commission (NERC) has successfully transferred the regulatory oversight of the electricity market to four states: Enugu,…
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Nigerian Government Launches New Savings Bonds with Attractive Interest Rates
The Nigerian Government, through the Debt Management Office (DMO), has announced the availability of two new savings bonds for investors,…
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FG Urges Bold Reform, Smarter Investments for Economic Growth and Development
The Federal Government has urged bold reforms and smarter investments to address current economic realities. The Minister of Finance and…
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Petrol to cost more as depot owners raise price to N950/litre
The cost of Premium Motor Spirit (PMS), commonly known as petrol, is expected to rise significantly in the coming weeks…
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Crude oil production jumped from 10,000 to 32,000 barrels per day in Abia
The increase in crude oil production in Abia State, has been attributed to the engagement of a local security firm…
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Passenger Who Grounded Abuja-Bound Flight Charged to Court – NCAA
The Nigerian Civil Aviation Authority has confirmed legal action against an unnamed female passenger who obstructed an Abuja-bound Ibom Air…
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Nigeria Records Increase in Crude Oil Production – OPEC Report
Nigeria’s daily average oil production increased by 152,000 barrels per day in November 2024, according to the latest monthly oil…
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NBS to Include Illegal and Hidden Activities in Nigeria’s GDP Calculation
The National Bureau of Statistics (NBS) has announced that illegal and hidden activities, such as prostitution and drug peddling, will…
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SEC to Strengthen Regulatory Framework for Borrowing and Corporate Capital Raising
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to enhancing the regulatory framework for borrowing by both governments…
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