NERC Tightens Rules On Electricity Theft As Gas Shortage Cuts Power Generation
NERC strengthens anti-theft rules for Discos as gas supply drop to power plants worsens electricity shortages nationwide.
NERC strengthens anti-theft rules for Discos as gas supply drop to power plants worsens electricity shortages nationwide.
Showmax announces plans to discontinue its streaming service after 11 years, despite major investments and a recent Canal+ takeover.
Settlement between Nigeria, ENI and Nigerian Agip Exploration Limited clears path for deepwater investment expected to boost oil output by 150,000 barrels.
Dangote Refinery assures Nigerians of steady fuel supply despite global refinery shutdowns, rising crude prices and supply disruptions.
Samsung product chief Stephen Okwara highlights agentic AI, privacy display, and enhanced security in new Galaxy S26 series.
Business journalist Winston Tackie attributes the slowdown to tighter monetary policy, currency stability, and falling food inflation.
Publisher of Ovation Magazine Dele Momodu revealed he lost over $500,000 in a failed restaurant venture in Accra, Ghana.
CBN raises gold reserves to $3.5bn with domestically sourced bullion as Senate pushes fintech oversight and anti-Ponzi crackdown.
Alamu urges investors to prioritise value addition and large-scale agro-processing to drive Ondo State’s long-term economic growth.
Oil climbs 3% as US-Iran conflict disrupts supplies, with Strait of Hormuz traffic effectively closed.
NAFDAC and NOA have launched a nationwide campaign to enforce the federal government’s ban on sachet alcohol
Analysts have projected that Nigeria’s net foreign reserves could rise to $40 billion before the end of 2026.
Benin Electricity Distribution Company has blamed poor supply on reduced allocation from the national grid.
Nigeria’s electricity metering rate rose to 57 per cent, with Ikeja, Eko and Abuja Discos leading.
The National Assembly has pledged legislative action to domesticate the AfCFTA Agreement for Nigeria’s economic gains.
Dangote Group pledges investments in steel, electricity, and port infrastructure while onboarding 330 engineers to deepen local content.
Dangote Refinery raises petrol gantry price by N100 as global crude volatility pushes replacement costs higher.
Oando pledges stronger collaboration and advocacy as indigenous producers consolidate leadership in Nigeria’s upstream oil sector.
Abuja Disco reports higher electricity intake, improved collections, expanded metering and plans for bilateral NNPC supply deal.
Nigeria’s net foreign reserves jump 772 percent in two years, strengthening buffers and boosting investor confidence.
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