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Economy
Hike in electricity tariff necessary for improved power distribution, says NECA DG
The Nigeria Employers’ Consultative Association (NECA) says the proposed hike in electricity tariff is necessary to get the power sector back on track.Its Director-General,...
NERC denies increase in electricity tariff as consumer groups kick
The Nigerian Electricity Regulatory Commission (NERC) says no tariff increase has been approved by the commission yet.Mr Usman Arabi, General Manager, Public Affairs (NERC)...
Trading sustains upward trend on NSE, market capitalisation crosses N13trn mark
The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday sustained a positive trend, crossing to N13 trillion mark on the second trading...
Gov. Ihedioha woos diaspora to invest in Imo
Gov Emeka Ihedioha of Imo has assured its indigenes in the diaspora that the state was ready and open for business to thrive in...
NSE index resumes 2020 with 0.10% growth, amid MTNN gain
The Nigerian Stock Exchange (NSE) resumed trading for 2020 on a positive trend with the benchmark index appreciating by 0.10 per cent following investors’...
New year cheer for stocks as rally rumbles on
World stock markets began the new year with a shot of Chinese stimulus, ensuring there was no immediate hangover after the gains of 2019.China’s...
2020: Expert tasks FG on rural electrification to boost economic growth
An Electrical Electronic Engineering expert, Miss Ruth Ifah, on Thursday urged the Federal Government to focus on electrification of rural areas to boost the...
Shutdown of PHEDC operations in Yenagoa over N16.5bn debt, blackout enters Day 10
The electricity outage occasioned by the face-off between the Ijaw Youths Council (IYC) and the Port Harcourt Electricity Distribution Company (PHEDC) has entered the...
18 ships with petroleum products, food items on board— NPA
The Nigerian Ports Authority (NPA) says it is expecting 18 ships laden with petroleum products, food items and other goods on or before Jan....
Border closure: Nigeria’s dexterous move toward protecting the economy
The Federal Government in August 2019 announced the partial closure of its land borders with Benin Republic to check the massive smuggling activities especially...
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