Industries

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  Power generation hits 4,000MW

  After hovering around 3,000 megawatts for about 10 weeks, the country’s total generated power...

  • Posted December 31, 2016
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  Stanbic IBTC settles dispute with FRC, releases results

  Stanbic IBTC Holdings Plc and the Financial Reporting Council of Nigeria have resolved the...

  • Posted December 31, 2016
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  Naira among four worst global currencies in 2016

  The naira is one of the world’s four worst performing currencies in 2016, according...

  • Posted December 31, 2016
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  Customs agents oppose vehicle importation ban

  More than 500,000 Nigerians may lose their jobs at Seme border if the ban...

  • Posted December 30, 2016
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  Customs seize N250m smuggled cannabis from Ghana

  Forty-three jumbo bags of cannabis worth N250m smuggled into the country from Ghana have...

  • Posted December 30, 2016
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  Eight power firms reject 1,337MWH despite poor supply

  Eight power distribution companies rejected 1,336.75 megawatts-hour of electricity, representing 19 per cent of...

  • Posted December 29, 2016
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  Recession: Dangote commends Nigerians’ resilience

  Africa’s richest man, Aliko Dangote, has commended Nigerians for their resilience and doggedness even...

  • Posted December 29, 2016
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  Power generating firms perform below 30% – Report

  The combined performance of all the privatised thermal power generating stations in the country...

  • Posted December 28, 2016
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  External reserves rise further, now $25.4bn

  The nation’s foreign exchange reserves have risen further to $25.4bn, according to the latest...

  • Posted December 28, 2016
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  Nigeria loses N94bn to gas flaring in four months

  The country lost at least N94bn in four months as oil and gas companies...

  • Posted December 28, 2016
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