DisCos Generate N291.62bn Revenue in Q1 2024
Adedapo Adesanya By Adedapo Adesanya The Nigerian Electricity Regulatory Commission (NERC) has indicated that power Distribution Companies (Discos) in the…
July 2024
Reps Begin Nationwide Petrol Quality Probe Amid Concerns
By Adedapo Adesanya The House of Representatives has begun a comprehensive investigation into Nigeria’s petroleum products supply chain…
SERAP Sues CBN Over Missing N100bn Dirty Notes
By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has approached the Federal High Court in Lagos…
NNPC Blames Hitch in Discharge Operations of Vessels for Petrol Scarcity
Aduragbemi Omiyale By Aduragbemi Omiyale The Nigerian National Petroleum Company (NNPC) Limited has attributed the latest scarcity in premium motor…
Heavy Sell-Offs Tumble Nigerian Exchange by 1.95%
Dipo Olowookere By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered a loss of 1.95 per cent on Friday after…
Naira Slips to Four-Month Low of N1,609/$1 at Official Market
By Adedapo Adesanya The Naira weakened to a four-month low against the United States Dollar in the Nigerian…
Oil Slides on Faltering Chinese Demand, Gaza Ceasefire
By Adedapo Adesanya Oil fell by $1 on Friday, finishing the week lower on declining Chinese demand and…
Aradel Holdings Shrinks NASD Index by 1.32%
By Adedapo Adesanya There was a 1.32 per cent loss at the NASD Over-the-Counter (OTC) Securities Exchange on…
Senator Ifeanyi Ubah Dies in London
By Aduragbemi Omiyale The Senator representing Anambra South Senatorial District in the National Assembly, Mr Ifeanyi Ubah, has…
Former Wema Bank MD Ademola Adebise Joins FCMB
By Dipo Olowookere The immediate past Managing Director of Wema Bank Plc, Mr Ademola Adebise, has joined FCMB…