The Nigerian Electricity Commission (NERC) has revealed there is a divergence between generated capacity and transmitted and distributed capacity. NERC blamed both the Nigerian electricity distribution...
The Securities and Exchange Commission in its fight against illegal fund management has sealed off the premises of Growing Circle, a Lagos-based fund management firm, over...
Nigeria Inter-Bank Settlement System (NIBBS) has shown that bank customers carried out about 2.2 million transactions on the NIBBS Instant Pay platform a day to the...
Ikeja Electric (IE) have warned that it would not hesitate to discontinue service to hostile customers and communities attacking its field staff while on duty....
Members of the Central Bank of Nigeria Monetary Policy Committee (MPC) have raised concerns over the persistent low level of credit by financial institutions to...
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Inland Revenue Service (FIRS) to evolve effective communication and engagement mechanism with taxpayers...
Crude oil fluctuated between gains and losses as investors prepared for a fifth straight rise in U.S. crude inventories and oil tracked the U.S. equity...
Heavy, sour crude oil might be in high demand in the coming months as the global market struggles to adjust to the recent US sanctions...
The Nigeria Customs Service (NCS) said its officers involved in the shooting and killing of a man along at the Sagamu Interchange, Ijebu Ode road on...
The Akwa Ibom state government has launched an airline which will commence flight operations after the staff training, test run and the regulatory authorities have certified...