Abuja Electricity Distribution Company, AEDC, has vowed to reduce blackout and electricity interruption in Federal Capital Territory, Niger, Kogi, and Nassarawa states, respectively, from next year,...
Ibadan Electricity Distribution Company (IBEDC) has announced the reconstitution of its Board of Directors following the resignation of three nominees of the Asset Management Corporation of...
The Central Bank of Nigeria has said thirteen Nigerian banks are yet to meet up with its recapitalization requirement as the March 31st deadline draws near....
President Bola Ahmed Tinubu has said the naira will appreciate to N1000 per dollar in the coming weeks. The president disclosed this in his remarks at...
The Naira continued depreciation against the United States Dollar at the official foreign exchange market on Tuesday. Central Bank of Nigeria data showed that the Naira...
Dr. Uju Ogunbunka, president of the Bank Customers’ Association of Nigeria, has clarified the fate of customer deposits following the Central Bank of Nigeria’s (CBN) 31st...
The Centre for the Promotion of Private Enterprise says the country’s food inflation rate, which dropped to 8.89 percent and the headline of 10.10 percent in...
Stakeholders in Nigeria’s real estate sector have argued that removing Value Added Tax (VAT) on land and rent will not address the persistent surge in housing...
The Nigerian naira bounced against the United States dollar with significant appreciation across official and parallel foreign exchange markets. The Central Bank of Nigeria’s data showed...
The federal government, through the Rural Electrification Agency (REA) and Lotus Bank, has announced plans to expand their collaboration on financing off-grid electricity projects in Nigeria....