Gencos threaten to shut down power plants
Electricity generation companies in the country have said they will be forced to shut down…
All Posts in "Business News"
Banks to lose 18-month interest on marketers’ subsidy debts
The Central Bank of Nigeria has asked Deposit Money Banks to forgo the interest charged…
NCAA to withdraw AOCs of unauthorised charter flight operators
The Nigerian Civil Aviation Authority has threatened to sanction airline operators who engage in charter…
NSE lifts suspension on African Alliance’s shares
The Nigerian Stock Exchange has lifted the suspension of trading in the shares of African…
VFD Group sells stake in NEM Insurance
VFD Group says it has sold its stake in NEM Insurance Plc. The firm, in…
2019: Insurers to seek more relevance in national economy
The Chartered Insurance Institute of Nigeria has said it will collaborate with other stakeholders in…
Minimum wage: FG asks technical committee to look for additional revenue
The Technical Committee on the Implementation of a new Minimum Wage inaugurated last Wednesday by…
NPDC seeks N967bn to develop 416 million barrels of oil
The Nigerian Petroleum Development Company is making efforts to raise $3.15bn through third party financing…
Power, interest rate, others slowed business in 2018 — CBN
Business activities were slowed down by an insufficient power supply, high-interest rates and other challenges…
No budgetary provision for 3,050MW Mambila project – Fashola
There is no budgetary provision for the construction of the 3,050 megawatts Mambila hydropower project,…