Directs Customer Refunds The Nigerian Electricity Regulatory Commission (NERC) has taken enforcement action against the Abuja Electricity Distribution Plc (AEDC) for extorting its customers via wrong...
The Nigerian Electricity Regulatory Commission (NERC) has approved a 300% increase in the electricity tariff for Band A consumers to ensure sustainable energy distribution and reduction...
Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc, has released its audited financial statements for the year ended...
Transnational Corporation Plc (Transcorp), Nigeria’s leading listed conglomerate, has announced it financial results for the year ended December 31, 2023. Analysis of the report showed that...
The Central Bank of Nigeria (CBN) has announced new guidelines on its recapitalisation policy for banks in the country. This is coming barely 48 hours after...
At the end of its two-day Monetary Policy Committee (MPC) meeting on Tuesday (today), the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate...
By Adedapo Adesanya To further ease the street value of the Naira to the Dollar, the Central Bank of Nigeria (CBN) has issued the currency to...
MTN has signalled a potential departure from Guinea-Bissau, Guinea-Conakry and Liberia, as it highlighted numerous challenges in the West and Central Africa region. The Group President and...
The Senate’s Communications Committee has approved the Nigerian Communications Commission (NCC) budget of N549.6 billion for 2024. This was made known during a joint Senate and...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of...
Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates...
International Breweries Plc has will at an Extra-ordinary General Meeting (EGM) to take place on April 9, 2024 seek approval of it shareholders to convert an...
Despite various moves by the Nigerian authorities to undermine crypto transactions and interest among Nigerians, latest raking puts the country among top 15 countries with highest...
By CSL Research Dangote Cement’s recently released FY 2023 results showed the company’s Revenue increased by 36.4% y/y, to N2.21tn for FY 2023 from N1.62tn in...
By Gozie Joe Introduction Dealing with the death of a loved one is always a hard, and painful thing. Though death is inevitable, it is not...
Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points...
Etihad Airways saw its net profits in 2023 increase to 525 million United Arab Emirates Dirham ($143 million) from AED 92 million ($25 million) in 2022...
Ethiopian Airlines has become the first carrier on the African continent to place an order for the Boeing 777X widebody. Boeing and Ethiopian Airlines both announced on March...
The International Monetary Fund (IMF) has encouraged Nigerian Government to make food security its immediate policy priority. This is coming amidst deafening cries of hunger among...
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments....