Business
Metered customers hit 4.7m as registration stalls at 10m
Electricity metered customers have risen to 4.7 million subscribers according to a report. It also revealed that electricity distribution companies’...
Read more
Naira falls to N420/$1 at I&E window despite moderations at parallel market
The exchange rate between the naira and the US dollar closed at N420.75/$1 at the Investors and Exporters (I&E) window....
Read more
Anxiety as Femi Otedola offloads 834 million Shares of FBN Holdings
One of Nigeria’s most respected bank holding companies, FBN Holdings, announced its largest single shareholder Femi Otedola has sold down...
Read more
Lagos State Partners with Oando to Provide Electric Mass Transit Buses
Lagos State Government agency, Lagos Metropolitan Area Transport Authority (LAMATA) is partnering with leading indigenous energy solution providers, Oando, to...
Read more
Nigeria gets Licence for National Air Carrier, Delays Start of Operations
The Minister of Aviation, Hadi Sirika, on Monday announced that the Nigeria Air Limited has received an Air Transport License...
Read more
Crude Oil Exports Rise by 194%, Hit N5.6tn in 3 Months
Amid increasing calls for diversification of the economy, Nigeria’s crude oil exports rise to N5.6trn in the first quarter of...
Read more
Top Grade Lithium Deposit Discovered In Kwara – FG
The federal government says “high grade” lithium has been discovered in Kwara state. Abdulrazaq Garba, director-general, Nigerian Geological Survey Agency...
Read more
$47m Debt: Shoprite’s Application To Discharge Order Stopping Its Exit From Nigeria Dismissed
Justice Ambrose Lewis-Allagoa of a Lagos Federal High Court, dismissed an application filed by the promoters of the largest retailing...
Read more
Domestic Transactions on Nigeria’s Stock Exchange Hits N742 billion Between Jan-April 2022
The total value of domestic transactions on the Nigerian Exchange Limited (NGX) for the first four months of the year...
Read more
Crude Oil nears $120 a Barrel amid Saudi Arabia Confidence in Demand
Crude oil prices rose further after Saudi Arabia expressed its confidence in demand by raising the price of its crude...
Read more
