The Lagos State Government on Thursday said it was ready to roll out Lake Rice on Dec. 15 to Lagosians at N13,000 per 50 kg towards...
Nine of the nation’s 26 power plants did not generate any megawatts of electricity on Wednesday, coupled with significant reduction in the generation from two of...
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria has lost 200 billion dollars of investments due to its inability to legislate the...
Former Minister of Power, Prof Bath Nnaji, yesterday said in Enugu that his company, Geometric Power, was working in partnership with foreign firms to generate 1,140...
The Naira took a fall again on Tuesday, December 6, as it dropped to N485 from N484 against the dollar and N600 from N590 against the...
The Naira has depreciated further to N484 per dollar at the parallel market, NAIJ.com can report this Friday, December 2. The currency weakened from N480 to...
Former minister of finance, Dr. Ngozi Okonjo-Iweala, was on Thursday, honored with the Global Fairness Award in Washington DC, United States. The award was presented to...
Lagos State has emerged as the fifth largest economy in Africa, consequent upon which, Governor Akinwunmi Ambode, disclosed that his administration is in the process of...
Esteemed Customer, Thank you for banking with us. We write to inform you that foreign transfers from domiciliary accounts on the back of funding through cash...
National power generation capacity has dropped from 4,285 megawatts recorded in September 16 to 3,321 megawatts, yesterday, due to scarcity of gas. Nigeria electricity system operator,...
