The Federal Government has said the country’s electricity grid is now more stable, thanks to the addition of 700 megawatts in transmission capacity. The Minister of Power, Mr. Adebayo Adelabu, …
EconomyEnergyGOVERNMENTInfrastructure
Category:
Economy
- BusinessEconomyLeadershipManufacturingNigeria
Cutix Plc CEO Ijeoma Odunoye Bags NASME Award for Entrepreneurial Excellence
The Chief Executive Officer of Cutix Plc, Ijeoma Odunoye, has been honoured with the Most Successful Female Entrepreneur/Excellent Performer award by the Nigerian Association of Small and Medium Enterprises (NASME). …
- CorruptionEconomyGOVERNMENTNigeria
BPP Moves to Curb Procurement Fraud, Partners EFCC, ICPC, Others on Transparency Drive
The Bureau of Public Procurement (BPP) has announced new steps to strengthen transparency and accountability in Nigeria’s procurement processes through strategic collaboration with anti-corruption agencies. Director-General of the BPP, Dr. …
- EconomyGOVERNMENTOil & GasPolitics
Edo Rep, Esosa Iyawe, Hails Tinubu’s Reconstitution of NNPC Board, Says It Will Boost Energy Sector Reforms
The member representing Oredo Federal Constituency in the House of Representatives, Hon. Esosa Iyawe, has praised President Bola Tinubu for what he described as the “timely and strategic” overhaul of …
- EconomyFinance & ServicesINVESTMENTNewsNigeriaTechnology
CWG Doubles Dividend as Profit Jumps by 428%, Shareholders Celebrate Strong 2024 Performance
Computer Warehouse Group (CWG) has recorded one of its best financial years in history, posting an impressive 428 per cent growth in profit after tax, and as a result, more …
- Banking, Finance & InvestmentBusinessEconomyNigeria
Rand Merchant Bank Nigeria receives West Africa 2024 award
Rand Merchant Bank Nigeria Limited (RMB Nigeria), a top player in Nigeria’s financial sector, has once again shown why it is considered a powerhouse in corporate and investment banking across …
- AFRICA NEWSBusinessEconomyEnergyGlobal NewsInternational RelationsNewsNigeriaOil & Gas
OPEC cuts global oil demand growth forecasts over US tariffs
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its earlier forecast for global oil demand in 2025. According to its Monthly Oil Market Report released on Monday, …
- AFRICA NEWSEconomyGOVERNMENTReal Estate
Lagos Govt Moves to Curb Arbitrary Rent Increases, Calls Out Quack Estate Agents
The Lagos State Government has warned estate agents and property managers to desist from illegal and excessive charges that go against the state’s real estate laws, while promising support for …
Stakeholders in Nigeria’s real estate industry have raised concerns over the sector’s underperformance, blaming it largely on poor regulation and lack of accountability. This was discussed during the 45th anniversary …
- EconomyEnergyGOVERNMENTOil & GasPolicies
FG Slashes Gas Price for Power Companies as ₦4.7tn Debt Threatens Electricity Supply
The Federal Government has reduced the price of natural gas supplied to power generation companies in a move to ease the financial burden affecting the electricity sector. This new pricing …