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Energy

Businesses, Economists Foresee CBN Holding Rates at 26.5% Amid Inflation Risks

  The Central Bank of Nigeria (CBN) is widely expected to retain its benchmark Monetary Policy Rate (MPR) at 26.5 per cent when the Monetary Policy Committee (MPC) concludes its...

FG Opens Talks with Dangote as Marketers Suspend Petrol Purchases, Depot Prices Hit N1,350

  Independent petroleum marketers have suspended fresh petrol purchases over mounting pricing uncertainty, prompting the Federal Government to open...

Villa Sign Joao Gomes From Wolves

  Aston Villa won the race to sign Brazil midfielder Joao Gomes from Wolves on Monday in a deal...

Chelsea Sign Man Utd Striker Malard for £850,000

  Chelsea have signed France forward Melvine Malard from Manchester United for a fee of about £850,000. The 26-year-old is...

Players to Undergo Sex Test to Play on WTA Tour

  The Women's Tennis Association (WTA) is to require all players to undergo genetic sex testing in order to...
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CNG sector Attracts $500m Investments – P-CNGI

  The Presidential Compressed Natural Gas Initiative (P-CNGI) says the CNG sector has attracted over 500 million dollars investments and created over 10,000 direct jobs. The...

AEDC Blames Technical Fault for Abuja Power Outage

By Orkula Shaagee The Abuja Electricity Distribution Company (AEDC), has attributed the power outage in some parts of the Federal Capital Territory (FCT) to a...

Nigeria Records 5,713MW Power Generation, Highest in Four Years

By Orkula Shaagee The Transmission Company of Nigeria (TCN) on Tuesday announced that the country’s power generation reached 5,713.60 megawatts, marking the highest level in...

Again, FG Plans Electricity Tariff Hike

By Orkula Shaagee The Federal Government has announced plans to increase electricity tariffs for customers outside the Band-A category to enhance the liquidity of the...

Nigeria’s Electricity Generation Hits 5,543.20 MW

By Orkula Shaagee The Transmission Company of Nigeria (TCN) has announced that the country’s electricity generation attained a new peak of 5,543.20 megawatts as of...

FG, Afreximbank Assess Nigeria’s Readiness for Africa Energy Bank Commencement

By Orkula Shaagee Ahead of the commencement of operations of the Africa Energy Bank (AEB) in Abuja, the Federal Government and the African Export-Import Bank...
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