Gas Price Increase Raises Fears of Electricity Tariff Hike in Nigeria
As the price of gas purchased by Gencos increases, a hike in electricity tariff payable by Nigerian consumers seems inevitable.
As the price of gas purchased by Gencos increases, a hike in electricity tariff payable by Nigerian consumers seems inevitable.
A $175m bond payment will temporarily spare Trump the potential humiliation of seeing Trump Tower and Mar-a-Lago estate seized.
Nigerian manufacturers have bemoaned the negative impact of unverified social media statements about their businesses, and are seeking protection.
Consoling soldiers on recent losses, Nigeria’s Army Chief Lagbaja urged steadfastness, diligence, and commitment to duty amid ongoing operations.
Despite Syrian air defences intercepting some missiles, others struck the consulate, destroying “the entire building, killing and injuring everyone inside.”
Recent endorsements add to the support Rwanda’s Kagame has garnered from other political parties already aligned with the ruling RPF.
“We should promote our ‘Nigerianness’ rather than ethnicity or culture,” First Lady Remi Tinubu told visiting youths.
“We went there as human beings, as friends of Russia,” Fani-Kayode said on visit to Russian embassy.
Nigeria seeks to transform its auto industry through strategic infrastructure development and local manufacturing support, reveals Trade Minister Doris Anite.
Following the launch of his airline’s Lagos-London service, Allen Onyema reveals Air Peace plans for more international destinations in 2024.
In Q1 2023, the overall market performance measured by NGX ASI rose by 5.11% to close at 54,232.34 basis points.
Atiku has called on Nigerian opposition political parties to learn from Senegal and form a coalition ahead of 2027 election.
Palestinian Ambassador Shawesh says the US’ failure to call for an immediate ceasefire in Gaza indicates bias.
Despite withdrawing impeachment notice, lawmakers assert readiness to act if Governor Fubara continues flouting state laws and the Constitution.
Kaduna Governor Uba Sani says he can’t pay salaries without borrowing because El-Rufai left $587m, N85bn and N115bn “contractual liabilities.”
Aviation Minister Festus Keyamo says the commencement of Lagos-London flights by Air Peace will ease foreign exchange demand by Nigerians.
Less than 24 hours after the CBN unfolded new capital requirements for banks, Access Holdings announced plans to raise $1.5bn.
The Dutch Ambassador in Nigeria says Nigeria’s Agro industry has steps to make to increase its productivity.
The Nigerian High Commission in London congratulated Air Peace on its new Lagos-London route by projecting messages on its building.
Despite the recent condolence message sent over a terrorist attack, Nigeria’s criticism of Russian aggression towards Ukraine remains unchanged.
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