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National Grid Collapses Again

National Grid Collapses Again The National grid has suffered yet another collapse, plunging the country into another round of darkness. The grid suffered multiple collapse in the month of October, with the Federal Government promising a permanent solution to the embarrassment. As of 2:35pm, hourly generation readings...

Nigeria, Morocco, ECOWAS Advance Talks on $26bn African Gas Pipeline Project

Nigeria, Morocco, ECOWAS Advance Talks on $26bn African Gas Pipeline Project The federal government, alongside the Economic Community of West African States (ECOWAS), Morocco, and Mauritania, have reaffirmed their commitment to advancing the $26 billion African Atlantic Gas Pipeline project. The announcement was made at the...

Apapa Customs Collects N1.8tn Revenue in 10 months

Apapa Customs Collects N1.8tn Revenue in 10 months The Nigeria Customs Service (NCS) Apapa Area Command said it collected N1.8tn as revenue between January and October 2024. The Customs Area Controller in charge of the command, Babatunde Olomu, disclosed this while addressing journalists at the command...

Imported Rice Price Surges by 114%

Imported Rice Price Surges by 114% The average price of imported high-quality rice sold loose has surged by 144.77 percent year-on-year as the Federal Government delays implementing its duty-free food policy. This is according to the selected food prices report from the National Bureau of Statistics...

FG Initiates Plan for Local Manufacturing of Electric Vehicles

FG Initiates Plan for Local Manufacturing of Electric Vehicles The Federal Government through the National Automotive Design and Development Council (NADDC) has initiated a process to begin the manufacturing and assembling of electric vehicles locally. It is planning a collaborative partnership with a Moroccan firm to...

JUST IN: Dangote Refinery Discloses Price of Petrol

JUST IN: Dangote Refinery Discloses Price of Petrol Dangote Refinery has disclosed the price of its petrol, saying that it sells at N990 per litre in trucks and N960 per litre into ships. The disclosure follows the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum...