Businesses, manufacturers, and banks in Lagos—the commercial hub of Nigeria—are expected to suffer losses running into hundreds of billions of Naira as a 25-day daily power...
The Lagos State chapter of the Poultry Association of Nigeria (PAN) has unveiled ambitious plans to establish direct-to-consumer sales points in every Local Government Area (LGA)...
The Dangote Refinery has officially started exporting petrol to international markets, marking a landmark achievement for Nigeria’s oil sector. As one of the world’s largest refineries,...
The Central Bank of Nigeria (CBN) has announced that it will maintain its benchmark interest rate at 27.5%, continuing a cautious monetary policy approach in response...
Nigeria’s power generation companies (Gencos) have sounded the alarm over a deepening financial crisis threatening the survival of the country’s electricity generation sector. The companies disclosed...
The Enugu Electricity Regulatory Commission (EERC) has issued a new tariff order reducing the electricity cost for Band A customers under MainPower Electricity Distribution Ltd from...
The Special Adviser to Governor Babajide Sanwo-Olu on Transportation, Sola Giwa, has revealed that Lagos State suffers an estimated annual economic loss of N1 trillion due...
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Port Harcourt Depot Unit, has called for sustained and technically sound management of the Port Harcourt Refinery, stating...
Africa’s richest man, Aliko Dangote, has officially submitted the necessary paperwork to kickstart the development of Nigeria’s largest seaport in Olokola, Ogun State. The ambitious project...
Petroleum marketers across Nigeria have announced a reduction in the price of Premium Motor Spirit (PMS), also known as petrol, beginning today, Tuesday, July 15. The...
