The Minister of Power, Adebayo Adelabu, says the Federal Government is ready to support local industries to find a sustainable solution to the metering gap among electricity consumers. Adelabu …
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Alaro City unveils weather station
Alaro City says it has launched a weather station to deliver real-time updates on weather conditions in the area. In a statement, the company noted that the operation is …
Read More »International Breweries suffered N106bn loss in H1
International Breweries’ loss after tax worsened by 352 per cent to N106.8bn in the first half of 2024, from the N23.6bn recorded in the same period last year. According …
Read More »GOTV, DSTV price hike: Tribunal grants lawyer’s request to withdraw case
In a dramatic development, the Nigerian Competition and Consumer Protection Tribunal has granted the request to withdraw the case against MultiChoice Nigeria concerning a price hike in GOTV and DSTV …
Read More »NGX: Equities market begins week on a losing note as investors lose N117bn
Investors in the Nigerian equities market began the trading week with a loss of N117bn at the end of trading on Monday, July 29, 2024. This follows a dip in …
Read More »Just In: Keyamo overrules NAMA’s 800% levy increase, cites economic hardship
The Nigerian Airspace Management Agency (NAMA) has announced the suspension of its previously proposed 800% increase in navigational charges, following an intervention by Festus Keyamo, the Minister of Aviation and …
Read More »FEC orders NNPC to sell crude to Dangote, other refineries in naira
The Federal Executive Council (FEC) has ordered the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local refineries in naira. The Chairman of …
Read More »NCC orders MTN, others to reactivate blocked SIMs
The Nigeria Communication Commission (NCC) on Monday directed MTN Nigeria and other mobile telecommunication companies to reactivate Subscribers Identification Modules (SIMs) blocked over the National Identification Number (NIN). MTN had …
Read More »SOVRENINS, Julius Berger , Oando UACN, others top list of stocks to watch this week
As July inches closer to an end, investors endured a torrid time last week in the equities market. The Nigerian equities market lost in four of the five trading sessions …
Read More »Fitch upgrades FirstBank outlook to positive
International rating agency, Fitch Ratings has revised its Long-Term Issuer Default Ratings of both FBN Holdings and its banking subsidiary, FirstBank, to positive from stable. In a rating action …
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