Dangote Refinery set for full-scale production in one month
The head of the Dangote refinery, Edwin Devakumar, on Monday said the refinery, Africa’s largest, could begin operating at full capacity in 30 days. The...
EKEDC commences distribution of free prepaid meters
Eko Electricity Distribution Company (EKEDC) has officially commenced the distribution of free prepaid meters to Band A customers within its coverage areas, as part of...
Proposed 15% port charges increase will drive up inflation- Manufacturers
The Manufacturers Association of Nigeria (MAN), has condemned the proposed 15% increase in port-related charges, saying it will increase production costs and drive up inflation...
SERAP drags Tinubu to court over alleged N167bn NBET fraud cover-up
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over the administration’s failure to prosecute contractors who allegedly received...
I have no plan to buy TikTok – Elon Musk clarifies
Elon Musk has dismissed speculation that he is interested in acquiring TikTok, the popular social media platform facing scrutiny in the United States over national...
No explosion at Warri refinery – NNPC
The Nigeria National Petroleum Company Limited (NNPCL) has said there was no explosion at the newly refurbished Warri Refining and Petrochemical Company (WRPC). NNPCL’s Chief...
Manufacturers decry incessant electricity tariff hike
The Manufacturers Association of Nigeria (MAN) has said “incessant” and “unwarranted” increases in electricity tariffs in Nigeria are hindering the performance of the manufacturing sector. In a...
Increase in electricity tariff: NERC rolls out new guidelines
New guidelines have been released by the Nigerian Electricity Regulatory Commission, NERC, on electricity tariff hikes within the country’s electricity supply industry. NERC’s Sanusi Garba,...
Over 150m Nigerians have access to electricity – FG
The Federal Government has stated that over 150 million Nigerians have already been connected to electricity, with ongoing efforts to provide access to the remaining...
Ex-First Bank staff forfeits over N1.1 Billion, $392,818, and £35,070 to FG
A Federal High Court in Ikoyi, Lagos, has ordered the final forfeiture of N1,168,602,877.44, $392,818.01, and £35,070 recovered from Muiz Tijani Adeyinka, a former First...