NERC imposes N628m fine on eight erring DisCos
The Nigerian Electricity Regulatory Commission, NERC, has sanctioned eight electricity distribution companies, DisCos, a total of N628 million for failing to comply with monthly...
Dangote Refinery slashes Ex-Depot petrol price to ₦867 per litre
Africa’s biggest private refinery, Dangote Petroleum Refinery and Petrochemicals has reviewed its ex-depot (gantry) loading cost of petrol to ₦867 per litre.
It was gathered...
Afreximbank plans trade centres in Africa’s commercial capitals
The African Export-Import Bank (Afreximbank) said it plans to set up trade centres in several major commercial capitals across Africa and the Caribbean as...
EERC issues electricity generation licence to investor
The Enugu State Electricity Regulatory Commission (EERC) has issued an electricity generation licence to Tempo Power Solutions Ltd for a five mega-watt gas-fired power...
Rising sea levels may sack cities and communities this year, NIgeria’s hydrological agency warns
By Orkula Shaagee
The annual floods that have in the past sacked thousands of people, especially those living along the riverine areas, is expected to...
Fresh conflict brews in Warri as INEC redraws electoral wards boundaries
By John Paul
A fresh crisis is said to be brewing between the Itsekiris, Ijaws and Urhobos in Warri, Delta State, over the recent delineation...