Wanted: 'Smart Grid' As Panacea For Incessant Grid Collapse, by Umar Farouk Ahmad Since its inception in 1886 (the time when electricity was first generated in the country), Nigeria has been mourning from national grid collapse. According to a Transmission Company...

In Six Months, FG Spent N177.53bn On Pension, Gratuities   The Federal Government spent N177.53bn on pension and gratuities in the second half of 2021. These were revealed by figures obtained from the Central Bank of Nigeria’s monthly economic report on...

AfDB Forecasts Food Price, Energy Hikes In Nigeria   The President of the African Development Bank Group (AfDB) Dr Akinwumi Adesina, has said that the costs of fertilizer, rising energy prices, and rising costs of food baskets, could worsen in Africa...

Trade Minister Okays Insolvency Regulations   The Corporate Affairs Commission (CAC) has revealed that the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo has approved the Insolvency Regulations (IR) 2022. This is contained in a statement signed by Mr Rasheed Mahe...

Equities Market Remains Bullish As Investors Gain N486bn   Stock Investors gained N486bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The market opened for four trading days last week as the Federal Government of...

Despite Interventions, Aviation Fuel Sells Above N500   Despite interventions by the Nigerian National Petroleum Company Limited (NNPCL) and the House of Representatives, aviation fuel or Jet A1 has continued to sell above N585 per litre. The fuel is said to take...