Business
Buhari Flags-off Construction Of 614km Ajaokuta-Kaduna-Kano Gas Pipeline Tomorrow
June 29, 2020
Buhari Flags-off Construction Of 614km Ajaokuta-Kaduna-Kano Gas Pipeline Tomorrow
The Federal Government’s aspiration to boost domestic utilisation of gas in Nigeria will receive a boost tomorrow as President Muhammadu…
N50bn TCF: Beware Of Fraudsters, CBN Alerts Nigerians
June 29, 2020
N50bn TCF: Beware Of Fraudsters, CBN Alerts Nigerians
The Central Bank of Nigeria (CBN) has described as fraudulent the operations of a fraudulent twitter handle, @YusufPhilipYila, purported to…
DisCos Condemn NERC Over Silence After Approving New Electricity Tariff Hike
June 28, 2020
DisCos Condemn NERC Over Silence After Approving New Electricity Tariff Hike
The Electricity Distribution Companies (DisCos) have described as unfair a letter written to them by the Nigerian Electricity Regulatory Commission…
Ecobank Nigeria Extends Zero Charge for Digital Money Transfers
June 27, 2020
Ecobank Nigeria Extends Zero Charge for Digital Money Transfers
Ecobank has extended its zero-charge fee for digital money transfers below N5,000 till the end of September this year. In…
Ghana, AfDB, Others Celebrate $200m Loan Disbursement To Boost Cocoa Productivity
June 27, 2020
Ghana, AfDB, Others Celebrate $200m Loan Disbursement To Boost Cocoa Productivity
Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to…
DisCos Want FG To Cut Gas Price For Cheaper Electricity Generation
June 26, 2020
DisCos Want FG To Cut Gas Price For Cheaper Electricity Generation
The cost of gas remains one of the key determinants of the electricity tariff in Nigeria and it was high…
With COVID-19, Oil Glut, Nigeria’s Economy May Dip By 3.2% – World Bank
June 26, 2020
With COVID-19, Oil Glut, Nigeria’s Economy May Dip By 3.2% – World Bank
The World Bank has forecast a 3.2 percent depression level for Nigeria for the rest of the year. The forecast…
Power Minister Meets AfDB, Seeks Synergy For Stable Electricity
June 26, 2020
Power Minister Meets AfDB, Seeks Synergy For Stable Electricity
Power Minister Meets AfDB, Seeks Synergy For Stable Electricity The Minister of Power Engr. Sale Mamman has said the Nigerian…
Discos Lose N30bn Monthly Over Energy Theft, Unpaid Bills – ANED
June 26, 2020
Discos Lose N30bn Monthly Over Energy Theft, Unpaid Bills – ANED
Electricity Distribution Companies (DisCos) lose over N30 billion of their monthly revenue due to cases of energy theft, meter bypass,…
AEDC To Effect New Tariff From July 1st
June 26, 2020
AEDC To Effect New Tariff From July 1st
Management of Abuja Electricity Distribution Company has said that it will effect a new electricity tariff structure from July 1st…