Electricity tariff increase likely as gas-to-power price rises by 11% Electricity distribution companies (DisCos) may be forced to increase their tariff following the increase in gas...
Nigerian railway generated N6.05bn in 2023 – NBS report The Nigerian Railway Corporation (NRC) generated a total revenue of N6.05 billion in 2023, largely buoyed by...
External, internal forces worked against Air Peace Lagos-London operation – Onyema Air Peace Chief Executive Officer, (CEO)Allen Onyema, says the airline faced internal and external...
Our luxury bus set ablaze with 59 passengers shows terrorism – Ifesinachi Ifesinachi Transport Nigeria Limited has said its fully-loaded luxury bus waylaid last Friday...
Lagos, Abuja VIPs behind oil theft in Niger Delta – Senator Dickson Influential personalities from Lagos and the Federal Capital Territory, Abuja, are behind oil theft...
Naira exchanges for N1,280/$ on parallel market The naira was sold for N1,280 per dollar at the parallel section of the foreign exchange (FX) market on...
Port Harcourt-Aba train now to begin operations April, connects two seaports The Federal Government says the launch of the Port Harcourt-Aba train service will take place...
CBN raises commercial banks’ capital base to N500bn The Central Bank of Nigeria (CBN) has increased the minimum capital requirements for commercial, merchant and non-interest banks....
Tinubu orders creation of single-digit tax system President Bola Tinubu has directed a creation of a single-digit tax system with a maximum of nine taxes for...
Naira gains further against dollar The Naira rose further in the official market on Tuesday, trading at N1,382.95 to the dollar. According to data from the...