Replace obsolete meters-NERC orders DisCos
The Nigerian Electricity Regulatory Commission (NERC) has directted the electricity Distribution Companies (DisCos) to replace faulty and obsolete meters for their customers. The effective date,...
Business
NNPC denies plan to increase pump price
There is no plan to icrease pump price of petroleum products, the Nigerian National Petroleum Corporation (NNPC) said on Tuesday. Group General Manager, Group Public...
DSS, Police begin investigations into MBA forex
Following outcries by investors for the return of their capital running into hundreds of billions in the MBA Forex Trading And Investment Company, Nigerian security...
Aftermath of stampede: Pinkcoin suspend nationwide Christmas palliative market
By: Felix Ikpotor Following the stampede which claimed some lives in one of its markets in Obio Akpor, Rivers State on Tuesday,, Inksnation, owners of...
Transcorp Power Consortium acquires Afam power plant for N105 billion
By: Admin Nigeria’s Federal government has completed the privatization of the Afam power plant with Transcorp Power Consortium purchasing the plant for 105.3 billion naira....
CBN probes 71 companies for suspected forex deals
By: Admin The Central Bank of Nigeria (CBN) has launched a massive investigation into foreign exchange transactions by 71 companies after preliminary reviews raised suspicions...
NNPC extends fuel-crude oil swap contract by six months
Nigerian National Petroleum Corporation, NNPC has extended its contracts with private companies to swap crude oil for fuels for extra six months. The initial one-year...
Our Molecular Lab will help fight COVID-19, sustain agriculture-Indorama
By: Editor Indorama-Nigeria, owner of Indorama Eleme petrochemicals and Indorama fertilizer in Rivers State says that its Molecular laboratory accredited by the Nigeria Centre for...
Nigeria’s Bonga terminal shut for repairs
Nigeria’s Bonga crude oil export terminal has been shut for routine maintenance. Its operator Shell told Reuters on Tuesday, adding it aimed to have the...
Senate queries CBN, Accountant-General over ₦596 billion ecological fund
The Central Bank of Nigeria (CBN) and the Accountant General of the Federation on Thursday when they appeared before the Senate Committee on Public Accounts...