Ikeja Electric, IE, said it has adjusted its tariff following an order from the Nigerian Electricity Regulatory Commission, (NERC). This is as the tariff for Band A customers of Kaduna Electric have been reviewed upward from N206.80/kWh to N2 ...

Fidelity Bank Plc’s combined N127.1 billion rights and public offer have struck early success as enthusiastic shareholders mobilise to pick their pre-allotted shares and buy more stakes in the Bank. Shareholders said “they would pick their ri ...

The Bank of Industry (BoI) and the Jigawa State Government have signed a Memorandum of Understanding (MoU) to create a N6 billion MSME Growth Fund. This notable partnership was marked by the inauguration of BoI’s 33rd state office in Dutse. The loans ...

…As Nigeria's oil rig count rises to 34 in June The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed the successful completion of two of the International Oil Companies (IOCs) divestment of onshore assets in the co ...

Access Holdings Plc yesterday held a formal signing ceremony as part of the arrangements to raise a total of N351.009 billion by way of a rights issue to existing shareholders. The Offer is part of the Group’s strategy to enhance its working capit ...

Seeks protection of local industries against economic downturn President of the Dangote Group, Aliko Dangote, has criticised the Central Bank of Nigeria’s decision to raise interest rates to nearly 30 per cent. The foremost entrepreneur also ad ...

Gives indigenous firms marching order to raise crude production Targets less than $20 per barrel production cost The federal government has resolved all outstanding issues surrounding the $1.3 billion Oil Mining License (OML) 245 oil field scandal ...

Microsoft and Data Science Nigeria (DSN) have collaborated to equip non-profits with the Artificial Intelligence (AI) tools and knowledge they need to amplify their impact and create a more prosperous and sustainable future. This is even as the or ...

At NOG: NCDMB Declares Zero Tolerance For Firms Lacking Project Execution CapacityIn a move to ensure the success of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, the Nigerian Content Development and Monitoring Board (NCDMB) has ...

The federal government, in collaboration with the Manufacturers Association of Nigeria (MAN), is organising a three-day national manufacturing policy summit scheduled for July 2-4, 2024.According to a statement by the spokesman of the vice president, ...