Niger, Togo, Benin Owe Nigeria N9.41bn Electricity Bill for Q2 2024, Says NERC
The Nigerian Electricity Regulatory Commission (NERC) says international customers owe $5.79 million for electricity supply in the second quarter (Q2) of 2024.
The debt amounts to N9.41 billion when converted using the official...
Nigeria Recommits to Regional Trade as AfCFTA Forum Holds in Rwanda
The Nigerian Government as a State Party has reassured its commitment to deepening regional trade through the African Continental Free Trade Area (AfCFTA) which promises to improve continental integration, create jobs, and increase export...
Dangote to Commence Crude Oil Production – Report
A report by S&P Global Commodity Insights has said Dangote Group is looking to start production at its two Nigerian oil assets in the fourth quarter of 2024, after enduring challenges with regards to crude supply.
The report...
49,188 Meters Installed in Q2 2024, NERC Reveals
The Nigerian Electricity Regulatory Commission (NERC) says 49,188 meters were installed in the second quarter of 2024.
The commission made this known in its second quarter 2024 report on Thursday.
The commission said the installations represent a decrease of...
Our Economy not Ready for Complete Deregulation – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has said Nigeria’s economy is not yet ripe for full deregulation.
The CPPE said this in a statement by its chief executive officer (CEO), Muda Yusuf, in reaction...
FG to Unveil 15m Litres Aviation Fuel Depot
The Minister of Aviation and Aerospace Development, Festus Keyamo, and the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, are to unveil a 15 million-litre aviation fuel depot close to the Murtala Muhammed International Airport...
