The power sector has recorded a peak generation of 5,377 megawatts, the Transmission Company of Nigeria has said. It disclosed […]
Category: Big Story
Stock market sustains positive trend, up by 0.31%
The Nigerian Stock Exchange (NSE)sustained its positive trend on Tuesday with key indices appreciating further by 0.31 per cent. Specifically, […]
Clinker export by Dangote will boost FG’s forex drive, says MAN
To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation […]
Gencos cry out over Nigeria’s 4,159MW unused electricity
Electricity Generation Companies (GenCos) said although they increased their generation capacity to 8,145 megawatts (MW), but produce only 3,987MW for […]
Embrace green bond finance, NSE boss urges West African countries
The Nigerian Stock Exchange (NSE) urged West African countries to shift and scale up green bond finance and investment to […]
Oil prices fall on doubts over output cuts
Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will extend […]
NAICOM issues new recapitalisation guideline
The National Insurance Commission (NAICOM) has released a new guideline for recapitalisation of insurance and reinsurance firms. In a circular […]
NNPC launches COVID-19 contact tracing App
The Nigeria National Petroleum Corporation (NNPC) has introduced a COVID-19 contacts-tracing software to be deployed in all its locations across […]
FBN Holdings sells insurance subsidiary to Sanlam
FBN Holdings (FBNH) Plc and Sanlam Emerging Markets (Proprietary) Ltd (Sanlam) have announced the completion of the sale and transfer […]
Brent oil rises to $40 amid hopes for output cuts, recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers […]