Power generation loses 1,108MW plunges to 3,456MW
Electricity generation in the country plunged to 3,456 megawatts on Tuesday, losing 1,108MW in seven days, according to latest data.
Total power generation dropped from...
Lyft plans to file for IPO next week
Lyft Inc plans to start the process to launch its initial public offering during the week of March 18, making it the first U.S....
Emefiele dismisses claim of terminal leave from bank
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims circulating in some medium that he had been asked...
Stock market continues on its losing streak
The stock market prolonged its losing streak on Thursday as it shed N87bn, bringing the total losses to N708bn in seven days.
The market lost...
ELECTIONS: Nigeria's stock market loses N170bn in two days
The nation’s stock market recorded continues losses totalling N170bn in two days, following the announcement of the results of the presidential election.
Investors lost N84.4bn...
Standard Chartered unveils Burna Boy as Brand Ambassador, removes Bank charges
Standard Chartered Bank has announced Nigerian icon, Damini Ogulu, also known as ‘Burna Boy’, as its digital bank ambassador.
Also worthy of note, in a...
Petrol imports surge by 15.2% in Q2 – NBS
The Premium Motor Spirit (petrol) quantity imported into the country surged by 15.2 per cent in the second half of the year to 5.61...
ATM transactions across the country hit N39.15trn in Q4- NBS
Automated Teller Machine from selected banks across the country recorded transactions valued at N39.15 trillion in the fourth quarter of 2018 according to The...
Why we are co-funding Abidjan-Lagos Highway Corridor- EU
The European Union has explained in a statement that it co-funded the Abidjan-Lagos Highway Corridor to stimulate investments, strengthen the competitiveness of the territories...
Gas flare commercialisation programme to attract $3.5bn investment- FG
The ongoing gas flare commercialisation programme of the Federal Government will attract $3.5bn worth of investments to Nigeria.
In a reply to enquiries on the...
