"Power Struggle: NLC and GenCos at Odds Over Debt While Nigerians Endure Blackouts"
The Nigeria Labour Congress and the Association of Power Generation Companies have engaged in a showdown over federal government legacy debt. NLC president Joe...
Business & Money · Page 30
Southeast Faces Blackouts as EEDC Reveals Partial National Grid Failure
The Enugu Electricity Distribution Company Plc, EEDC, has announced a partial national grid collapse that has plunged parts of the southeast into darkness. The...
PENGASSAN Urges Collaboration to Protect Stability in the Oil Sector
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has called for continued stakeholder engagement following the Federal Government’s...
"GenCos Sound Alarm: N501bn Bond Falls Short of N6.6trn Power Debt, Risk of Blackouts Looms"
The Chief Executive Officer of the Association of Power Generation Companies, GENCOs, Dr Joy Ogaji, has said the Federal Government’s N501 billion power sector...
Naira Experiences Mixed Reactions Against the US Dollar in Both Official and Black Markets
The Naira recorded mixed sentiments against the dollar on Wednesday at the foreign exchange markets. The Central Bank of Nigeria data showed that the Naira depr...
Nigerian Stock Market Dips N577bn Following N11.86tn Surge
The Nigerian equities market reversed its recent bullish trend on Tuesday, recording a loss of N577 billion after several days of gains totaling over N11.86 tri...
"Recapitalization Deadline Approaching: What Bank Consumers Can Expect After March 31 – Ogunbunka"
Dr. Uju Ogunbunka, president of the Bank Customers’ Association of Nigeria, has clarified the fate of customer deposits following the Central Bank of Nigeria’s...
Nigerian Naira Makes a Strong Comeback Against the US Dollar!
The Nigerian naira bounced against the United States dollar with significant appreciation across official and parallel foreign exchange markets. The Central Ban...
Dangote Refinery Falls Short of Daily 50M-Liter Petrol Supply Goal, Exceeds Imports
The Dangote Refinery did not meet its projected domestic supply target of 50 million litres of Premium Motor Spirit, PMS, per day in January 2026, according to...
NARTO Urges FCCPC and NMDPRA to Tackle Monopoly Concerns in Nigeria's Oil Industry
The Nigerian Association of Road Transport Owners, NARTO, called on the Federal Competition and Consumer Protection Commission, FCCPC, and the Nigerian Midstrea...
18 Ships Unload Petroleum Products and Goods at Lagos Ports, Reports NPA
The Nigerian Ports Authority, NPA, has disclosed that 18 vessels are currently offloading petroleum products and assorted cargoes at major ports in Lagos, inclu...
Jigawa Aims to Grow 10,000 Date Palms to Boost Export Potential
The Jigawa State Government has unveiled plans to plant 10,000 improved date palm trees as part of a strategic, export-driven agricultural expansion programme....