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BusinessNews

Again, Nigeria’s electricity grid collapses

The network of power stations and powerlines that transmits electricity across Nigeria, better known as the National grid has collapsed once more. Confiance...

BusinessNews

Nigeria to end tarrif subsidies on electricity by December

…FG to invest $3 billion in power sector The Special Adviser to President Muhammadu Buhari on Infrastructure, Mr Ahmed Zakari, has said, the...

BusinessNewsPolitics

Nigeria’s Legislature probes GenCos, DisCos over erratic power supply

…power committee to submit probe report in four weeks By Chioma Obinagwam Nigeria’s Upper legislative chamber, the Senate has mandated its Committee on...

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“We’re not turning back,” CBN governor Cardoso reaffirms resolve to restore confidence in bank

By Chioma Obinagwam The Governor of Nigeria’s apex bank, the Central Bank (CBN), Olayemi Cardoso, has reiterated its commitment to restore confidence in...

FG commissions concrete weight coating plant in Lagos

By Chioma Obinagwam Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has commissioned a concrete weight coating plant manned by...