NRC Remittance Drops, Generates N345m In 9 Months The Nigerian Railway Corporation (NRC) has remitted N345 million in revenue for 2023, covering January to September. The Managing Director of NRC, Mr. Fidet Okhiria, stated that their revenue was reduced because of insecurity. He stated this while speaking...

FG Launches Control Centre To Monitor Mini-Grids The Rural Electrification Agency (REA) has commissioned an energy management system control center capable of hosting all mini grids in the country. Speaking during the launch at its headquarters in Abuja, the Managing Director of REA, Ahmad Salihijo Ahmad,...

Transport Fare Dropped In October as Fuel Price Rises - NBS The National Bureau of Statistics has stated that there was a -16.48 per cent drop in the price of transportation fare within city in October. The NBS in its transport fare report said the drop...

Cooking Gas Price Rises 9.6% in States The price of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas, rose by 9.6 percent month-on-month, MoM, to N12,000.00 (12.5kg) in November 2023 from N10,500 recorded last month. Checks by Economic Confidential revealed that the current price was...

NBS: Air Travel Fare Rises N78,778 in October - Report The National Bureau of Statistics says average air travel fare grew year-on-year (YoY) by 7.6 percent to N78,778 in October 2023 from N73,198 in October 2022. Disclosing this in its Transport Fare Watch for October 2023,...

Senate Approves 2024-2026 MTEF, to Probe Tax Waivers from 2015 Senate has approved the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The upper legislative chamber also ordered investigation into all tax waivers since 2015 and directed that waivers not directly linked to...