Business News
-
263Nigeria Needs Significant Investments to Meet Energy Transition Goals –NEITI
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Orji Ogbonnaya Orji, said Nigeria will require substantial investments in the...
-
222Metered Electricity Consumers Rise to 5.9 million –FG
The number of metered electricity consumers in Nigeria increased by 48.5 per cent between 2019 and 2024, the National Bureau of Statistics...
-
110Ajaokuta Steel Company Risks Disconnection Over ₦1.27b Energy Debt
The moribund Ajaokuta Steel Company Limited risks being disconnected from the power grid over its failure to pay the N1.27bn electricity debt...
-
218
‘Businesses, Households to be Metered before 2030’
The Minister of Power, Adebayo Adelabu, says President Bola Tinubu has ordered that all businesses, institutions, households, and industries be metered in...
-
219Oil Slips on Higher US Crude Stocks, Easing Middle East tensions
Oil prices slipped on Wednesday on estimates showing swelling U.S. crude inventories and expectations that tensions in the Middle East were easing...
-
253Global Stocks Set for Longest Win Streak of 2024
European and US futures rose alongside Asian stocks, following a buoyant session on Wall Street amid bets the Federal Reserve will soon...
-
273Nigeria-Germany Trade Volume Hit $3b in 2023 –Official
The Consulate-General of the Federal Republic of Germany in Lagos, Weert Borner, has said that the trade volume between Nigeria and Germany...
-
244US Backs Nigeria on Sun Africa’s Utility Scale Solar Power Project
The federal government has secured the backing of the United State on Nigeria’s solar power project, in a bid by Africa’s most populous...
-
135
Electricity Supply: FG Pays ₦205b from ₦1.3tr Owed Power Generation Companies
The federal government yesterday said it had offset N205 billion from the N1.3 trillion debt owed Generation Companies (Gencos) to raise the...
-
183Go Hard on Bad Debtors, Reps Charge AMCON
The Chairman, House of Representatives Committee on Banking & Ancillary Institutions, Nwachukwu Eze, has asked the Asset Management Corporation of Nigeria (AMCON)...
