NERC approves 120% tariff increase for Aba Power
The Nigerian Electricity Regulatory Commission (NERC) has approved a 120 per cent tariff increase for electricity customers in Aba Power. A statement
Business
All the recent business news in Nigeria, economy and industry updates.
359,937 meters given out in 9 months by DisCos
The 12 electricity distribution companies (DisCos) in the country gave out 359,937 meters from January to September of 2024, analysis of the Nigerian
Recapitalisation: GTCO rakes in N209bn in first phase of capital raise
Guaranty Trust Holding Company Plc has completed the first tranche of its equity capital raise programme, garnering N209bn from investors. This follow
Our refinery not 90% completed – BUA
The management of BUA Refinery and Petrochemicals has denied reports its refinery is 90 per cent completed. A statement by company said the 20,000 bar
IMTOs inflows hit $3.8bn in 9 months on CBN reforms
The Central Bank of Nigeria’s (CBN) latest quarterly statistical bulletin has revealed a significant 63.7% increase in international money transfer op