NERC warns DisCos against estimated billing The Nigerian Electricity Regulatory Commission (NERC) yesterday warned electricity Distribution Companies (DisCos) not to forcefully migrate customers with faulty meters to...
Naira exchanges for N1,735/$ in parallel market The Naira yesterday appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weekend. However,...
Nigeria to begin local manufacturing of vehicle spare parts – NADDC The National Automotive Design and Development Council (NADDC) says it has established necessary structures and...
We’re not involved in N40m HxAfrica mortgage scheme – FMBN By Dada Jackson The Federal Mortgage Bank of Nigeria (FMBN) has distance itself from claims...
Soludo: Kojo assembly plant will make Anambra auto manufacturing hub Anambra State Governor, Professor Charles Chukwuma Soludo, has expressed optimism that the new Kojo automotive...
Naira slumps on NNPC, marketers importation of fuel The naira has weakened further on the parallel market, dropping to N1,740/$ from N1,720/$. Similarly, the NAFEM official...
CBN to penalise banks selling new naira notes to hawkers The Central Bank of Nigeria says it will heavily penalise banks with empty ATMs and those selling ‘mint’...
RT Briscoe appoints Femi Eguaikhide as Deputy Managing Director The Board of RT Briscoe Plc has appointed Dr Olorunfemi Abidemi Eguaikhide, the Executive Director responsible...
Food price, transport fare hike push Nigeria’s inflation to 33.88% Rising cost of living based on the increase in food prices and transport fares among others...
Disaster averted as bird strike hits Abuja-Lagos Air Peace flight An Abuja-Lagos flight was on Thursday aborted following a bird strike on the airplane belonging...