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Rice Millers To Shut Down Plants Over Looting

Rice millers on Thursday declared that they would shut down some of their plants in some parts of the country following the destruction of some of their mills by protesters during the widespread [...]

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Free Meter Distribution Begins In Kano, Kaduna, Lagos Today

The free distribution of electricity meters to Nigerians will commence today (Friday) with the simultaneous inauguration of the scheme in Kano, Kaduna, Eko and Ikeja electricity distribution [...]

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Nigeria Imported N2.78tn Manufactured Goods In Three Months –NBS

Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures obtained from the National Bureau of Statistics on [...]

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Power Generation Hits All-Time Peak Of 5,459MW – TCN

The Transmission Company of Nigeria on Thursday announced that the nation’s power industry attained another all-time national peak electricity generation of 5,459.5 megawatts. It said this [...]

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We Boosted Federation Account By N44.71bn – NCC

The Nigerian Communications Commission has told the House Committee on Telecommunications that it generated and remitted N344.71bn to the Consolidated Revenue Fund of the Federal Government in [...]

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LCCI Backs Protectlagos Campaign, Shifts Trade Fair

The Lagos Chamber of Commerce and Industry says it has postponed the 2020 edition of the Lagos International Trade Fair to allow a return to normal economic and commercial activities. The [...]

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Insurers Will Pay Billions On #Endsars Losses – NIA Chairman

The Chairman, Nigerian Insurers Association, Mr Ganiyu Musa, has said insurance companies may pay claims worth billions of Naira from losses of lives and properties that followed #EndSARS [...]

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FG To Install One Million Electricity Meters – Minister

The Federal Government on Monday said it would install at least one million meters in the residents of unmetered electricity consumers before the end of this year. Minister of Power, Sale Mamman, [...]

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Equity Market Begins Week With N42bn Gain

Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by 0.28 per cent. The market breadth closed [...]

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FRC To Boost Regulation On Financial Transparency

The Financial Reporting Council has said it will ensure financial transparency for investors, and other stakeholders with its audit regulation. A statement on Monday entitled, “Stakeholders [...]

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