NCC: Tariff Reforms Attract Over N1tn in New Telecom Investments
The Nigerian Communications Commission (NCC) has revealed that recent tariff reforms in the telecommunications sector have spurred over ₦1 trillion ...
Reps Launch Probe Into Abandoned $35m Modular Refinery Project in Bayelsa
The House of Representatives has resolved to investigate the state of the $35 million modular petroleum refinery located in Brass, ...
SEC Moves Nigeria’s Capital Market to T+2 Settlement Cycle for Greater Efficiency
The Securities and Exchange Commission (SEC) has announced plans to transition Nigeria’s capital market from a T+3 to a T+2 ...
NERC Approves ₦28bn for Free Metering of Band A Customers Under Tranche B of Meter Acquisition Fund
The Nigerian Electricity Regulatory Commission (NERC) has approved the disbursement of ₦28 billion to electricity distribution companies (DisCos) for the ...
Nigeria Customs Intercepts N80.4m Worth of Petrol Smuggled to Benin Republic
The Nigeria Customs Service (NCS), under its special anti-smuggling initiative Operation Whirlwind, has intercepted 1,980 jerrycans of premium motor spirit ...
World Bank Pledges $30 Billion to Power 300 Million Africans by 2030
The World Bank has warned that unreliable power supply continues to be a major barrier to economic growth in Africa, ...
House of Reps to Probe Arbitrary Bank Charges on Nigerians’ Accounts
The House of Representatives on Tuesday launched an investigation into what it described as “arbitrary, excessive, and unexplained” bank charges ...
Petrol Nears ₦1,000 Per Litre as Marketers Move to Import Fuel Independently
Amid worsening fuel supply challenges and escalating pump prices, petroleum marketers in Nigeria have begun moves to independently import petrol ...
NNPCL Raises Petrol Price to ₦992 per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), also known as ...
Foreign Operators Dominating Nigeria’s Booming Non-Oil Export Sector
Amid the rapid expansion of Nigeria’s non-oil export sector, there are growing indications that local operators are losing out to ...
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