Business

FG Blames Drop in Electricity Generation on Shutdown of Critical Gas Plant

- Targets 1,000MW from reactivated 14 solar projects - Tasks gas operators on the accuracy of dispensing instruments The federal…

4 years ago

Gas plant shutdown caused drastic drop in electricity – FG

The Federal Ministry of Power has attributed the current sharp drop in electricity generation in Nigeria to a partial shutdown…

4 years ago

‘No serious government toys with automotive industry’

Auto policy review taking too long, BKG tells FG Managing Director of BKG Exhibitions Limited, Mr Ifeanyichukwu Agwu, has lamented…

4 years ago

Naira gains marginally against dollar, exchanges at 419

The Naira on Wednesday exchanged at 419 to the dollar at the Investors and Exporters window, compared to 419. 50…

4 years ago

Unremitted tax: No loan approval for defaulting states, LGs, says FIRS

The Federal Inland Revenue Service has said states and local governments that fail to remit tax deduction or collected on…

4 years ago

Rising inflation worries FG, ready to convene food security summit

The Federal Government is set to convene a meeting of the National Food Security Council to address the rising cost…

4 years ago

Petrol subsidy could hit N6trn by end of year, IMF warns

The International  Monetary Fund, IMF, said yesterday that Nigeria’s subsidy bill would hit N6 trillion by end of this year.…

4 years ago

AutoTrends: Nord Automobiles plans big mobility solutions, clinches Next Bull award

Nord Automobiles Limited has won the Next Bull award of the Nigerian Exchange and Businessday, as investors chose the indigenous…

4 years ago

AutoTrends: Coscharis to launch Bronco at Lagos auto fair, displays three brands

As Lagos Motor Fair opens today with a lot of exciting features, Coscharis Motors Plc says it will be exhibiting…

4 years ago