The supply logjam which often impedes stable availability of Liquefied Petroleum Gas, LPG, otherwise called cooking gas, may soon be over.
The West Africa Gas Ltd (WAGL), a Joint Venture Company of Nigerian National Petroleum Corporation, NNPC, and Sahara Energy...
The Nigerian Electricity Regulatory Commission (NERC) has issued notice to the 11 Distribution Companies (DisCos), giving them till February 28, 2017 to deploy meters to all their Large Power Users (LPU).
Defaulters, it said will come under its sanctions from...
Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December.
News Agency of Nigeria reported that more workers are penciled for sack.
The bank, in October 2014, acquired Enterprise Bank with about N56 billion (281...
Some car dealers in Abuja have called on the Federal Government to reduce customs duties of imported cars and to formulate policies to encourage Nigerians to patronise locally assembled vehicles.
The dealers told the News Agency of Nigeria (NAN) that...
The shutdown of seven power plants across the country has led to a total electricity load loss of 1,899.7 megawatts.
According to the latest industry data on sector reforms/activities, four plants belonging to the National Integrated Power Projects are shut,...
The Central Bank of Nigeria (CBN) will resume sales of dollar proceeds of international money transfer (IMT) to bureaux de change (BDCs) operators this week even as manufacturers kick against the move.
Daily Trust report that the CBN governor, Mr....
