Nigeria gets oil-backed $1bn Afreximbank loan in May
Nigeria is set to receive $1.05 billion from a syndicated loan backed by oil by the end of May. The…
Business
BREAKING: Again, CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria has again announced the sales of dollars to Bureau De Change operators. It disclosed this…
FG appoints indigenous company to produce new national ID card
The National Identity Management Commission (NIMC) has appointed a Lagos-based indigenous company, SecureID, as first manufacturer of National Domestic Card…
Abuja Chamber of Commerce: Electricity tariff hike `ll stifle businesses
The Abuja Chamber of Commerce and Industry has expressed worry over the recent increase in electricity tariffs, saying it could…
New Tariff: Abuja Electricity Distribution Company releases full list of107 ‘Band A’ areas
The Abuja Electricity Distribution Company (AEDC) has released the full list of the areas affected by the newly approved electricity…
Electricity tariff hike will go round—FG
The Federal Government on Friday hinted that it is planning to hike electricity tariff for all power consumers nationwide. The…
Electricity Tariff Hike: PRP carpets FG, says policy anti-people
The Peoples Redemption Party, PRP, has dismissed the decision of the Federal Government to increase electricity tariff by 300 percent…
Tariff hike will only affect customers enjoying 20-hour power supply – NERC
The Nigerian Electricity Regulatory Commission (NERC) says the increase in tariff will only affect customers enjoying 20 hour power supply…
Again, Naira gains, now 1,238.3 per dollar at parallel market
The foreign exchange (FX) resumed on Tuesday after the Easter holiday with the Naira appreciating to 1,238.3 as Bureau De…
Diesel prices drop as Dangote Refinery sells to marketers at N1,225-N1,300/Litre, to sell PMS from May
The pump price of Automotive Gas Oil, popularly called diesel, has dropped from about N1,700/litre which it sold for a…